So perhaps what he meant is that gold is a good speculative opportunity, not so much a way to escape high inflation.
I prefer not to speculate so if deflation or low inflation are on the horizon I'd rather invest in something that's cheap and pays dividends, and incidentally, is taxed at a lower rate then commodities.
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So perhaps what he meant is that gold is a good speculative opportunity, not so much a way to escape high inflation.
I prefer not to speculate so if deflation or low inflation are on the horizon I'd rather invest in something that's cheap and pays dividends, and incidentally, is taxed at a lower rate then commodities.