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Originally Posted by Biggy
gold goes up when the economy goes down. gold is a good hedge for everyones portfolio, but if you think the economy is going to rise, theres no point in investing in it unless you want to hedge. yes, gold will rise since most people know this and what you said is true, but will it outpace typical economic growth, not necessarily.
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its a good hedge right now. its also a very easy call as a hedge given the fundamentals of the economy and gold itself. but, at what point does a hedge turn into a value investment?