7.24.2020

More academic malpractice against gold

This is just pathetic.

WSJ:
Gold is, in fact, a poor hedge against inflation. Accounting for changes in the cost of living, gold has returned an average of minus 0.4% annually since 1980, versus positive annualized returns of 7.9% for U.S. stocks, 6.2% for U.S. bonds and 1.2% for cash, according to Prof. Spaenjers.
1980, you say? I wonder how Prof. Spaenjers chose that starting point.

Oh, this.




Of course you can make returns look bad if you cherry-pick the absolute worst starting point!

Anyone making an honest inquiry would find that not only does gold have pretty good returns, but  also excellent diversification properties.

Exodus! Movement of Jah people!

 Joe Rogan is yet another multimillionaire fleeing California’s insanity. Who’s going to be left to pay the bills?