Gold goes down on inflation.
Why doesn’t the industry know this?
This is one of the most common and wrong conventional wisdoms.
The conventional wisdom is that Gold protects you from inflation, so if we have high inflation Gold should be up. It should maintain its value.
The problem is – this isn’t true and hasn’t been true for decades.
So why does the investment industry keep promoting this idea?
In my latest podcast episode I give you details on why you may have been told to invest in Gold, and what I suggest instead.
Listen to learn: