- Gold’s worst periods of returns - whether relative or absolute - were the period from 1980 to 1999 and then again from 2012 to today.
- I personally believe the financial media has miscast gold and the GLD for decades as an inflation hedge when - if you actually look at the returns by decade - it’s anything but.
- If readers and investors believe that the SP500 will suffer from flat-to-down returns for the next 3-5 years, history has shown us that gold and today’s GLD, is an effective hedge against those flat returns.
For further details see:
Gold Was Never An Inflation Hedge