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headhonchoII wrote:I wouldnt get so fixated on gold (I know it's hard for you ), simply because the quantities are so limited.
headhonchoII wrote:Still not all currencies are created equal. Oil , iron, copper and some other commodities are also strongly influenced by economic activity and changes in energy provision and technology, they are not a sure thing.
headhonchoII wrote:I understand, I'm just trying to illustrate that putting all your cash into certain commodities is also not a great idea as an inflation hedge, as ultimately inflation is the problem we are dealing with here.
For instance copper can be replaced by graphite if the price increases too much.
headhonchoII wrote:But it's not losing it's status, at least not yet or anytime soon.
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