Gold: Not Your Daddy’s Inflation Hedge

Here’s the REAL Reason Why Gold is Set to Double…

(Jeff D. Opdyke, The Sovereign Society) Let me be clear from the outset, though: I’m a huge fan of gold. I own physical bars and I think the metal’s brightest days are clearly ahead.

My issue is that investors need to be buying for the right reason.

If you’re betting on inflation, you may be sorely disappointed. The lack of reported inflation will persist for a while, especially given the hedonic government massaging of the Consumer Price Index.
In response to tepid inflation readings, you might dump your gold holdings—only to see the metal’s price move much higher. You’ll watch, confused …

Full story at: The Sovereign Society