July 17, 2013 at 09:31 AM EDT
Gold still not the best inflation fighter
By John Wasik (Reuters) – As U.S. interest rates have risen, owning gold has been a loser’s game for anyone is trying to hedge against inflation. Gold isn’t a smart inflation hedge, but many people have been using it that way because they think they have few alternatives. A low-inflation rate has been punishing to [...]
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