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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Hawkmoon who wrote (51515)4/16/2000 3:39:00 PM
From: LLCF  Read Replies (2) | Respond to of 116764
 
<Call me naieve if you wish, but the creation of inflation indexed bonds spelled the death knell of gold as the inflation hedge it once was.>

This is a very good point except that it is the point of view from a U.S.Centric world. Gold is a global currency and holds value to many on the planet. Your 'hedge' above does not protect you from potential weakening of the value of the dollar on the world stage. So from a global perspective it is fair to call you naive IMO.

DAK