Yeah you want to hedge against both inflation and deflation. Remember the Great Depression was worsened because the federal reserve eliminated 30% of the money supply overnight to "fix" inflation
As soon as they were established they printed money to fund their great war and then soaked up all the cash to make sure the people stayed poor in the aftermath. Can't let the plebes get ahead.
And removed all the gold from the system by an ILLEGAL "Executive Order" that "supposedly" made it illegal to own US gold coins, or Any gold for that matter.
Yeah you want to hedge against both inflation and deflation. Remember the Great Depression was worsened because the federal reserve eliminated 30% of the money supply overnight to "fix" inflation
As soon as they were established they printed money to fund their great war and then soaked up all the cash to make sure the people stayed poor in the aftermath. Can't let the plebes get ahead.
And removed all the gold from the system by an ILLEGAL "Executive Order" that "supposedly" made it illegal to own US gold coins, or Any gold for that matter.