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by paulpauper 261 days ago
Yes, adjusted for inflation, gold has done much worse than the media hype would suggest.
2 comments

Of course, adjusted for inflation the dollar has done much, much worse than gold!

Not that one should put all of one’s portfolio into gold. That would be pretty insane. But a certain fixed allocation within a balanced portfolio? I think that makes sense.

Fun take. True as well. Fiat money is very weak against inflation.
Regardless, it's been a good winter trawling for nuggets on the W.Australian goldfields, not for much longer now the sun is starting to bite.