Showing posts with label gold standard. Show all posts
Showing posts with label gold standard. Show all posts
Wednesday, April 21, 2010
Gold in a portfolio
A common question I get asked is "shouldn't investors buy gold because it is a hedge against inflation". Fama and French provide an excellent answer to this question. Bottom line is, if you are not wearing it then you won't get a fair return.
Wednesday, March 18, 2009
Wizard of Oz
It is fairly well known that the Wizard of Oz is actually about deflation and the gold standard. Full explanation here
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