That was the first urban myth. The second urban myth was that free floating gold reliably performs well during disinflationary recessions. Neither of these claims is supported by the actual history of free floating gold.What exactly is the myth, gold as an inflation hedge?This appears to be another urban myth that doesn't hold up to scrutiny.
It is sort of like when someone gets 50% on a T/F test. The "right" answers were not actually evidence of the person knowing that answer. Free floating gold's relationship to disinflationary recessions, unexpected inflation, and a variety of other things has worked like that. Sometimes the claimed direction happens, sometimes not, as you would expect if there is no actual relationship.
Statistics: Posted by NiceUnparticularMan — Fri Oct 17, 2025 7:31 pm — Replies 27 — Views 1292