The Conversation (0)
New York Times reports that Gold is an investment that historically made sense when inflation was rampant.
New York Times reports that Gold is an investment that historically made sense when inflation was rampant.
The editorial is quoted as saying:
It is tempting to view the soaring price of gold, which went above $1,400 an ounce earlier this month and remains close to that level, as a warning of imminent inflation. Such interpretations have fueled critiques of the Fed’s latest round of monetary stimulus as being the forerunner of a collapse of the dollar.
