The best protection against inflation: (hint -- it's not gold)

Matt Collins

Member
Joined
Jun 9, 2007
Messages
47,707
image






SOURCE:

https://posts.voronoiapp.com/Markets/The-Growth-of-$100-by-Asset-Class-(1970-2023)-936
 
Gold was never intended to be an investment though, Matt. But, a place to keep some of your money that likely won’t vaporize when the stock market crashes and/or our currency collapses.
 
After the 2008 collapse, the market went ballistic.

Endless money printing and artificially low interest rates will do it.
 
Ok lets pretend by end of yr S& P was equal to physical gold coin ( It wont be but that is another matter). In past five years gold up 89 percent , S & P up 85 percent , US aggregate bond index up .7 percent. Now when you sell yer s&p would you like to guess your percentage of tax? s & p has averaged about ten percent since inception. From 2000 to 2023 avg new home price increase avg roughly 7 percent per yr then yer other inflation .So your ten percent ( before 40 percent capital gains taxes) is essentially 0 and then negative once taxes are figured. So nothing gained for risk. Now let us say Danke goes to the coin shop in St Paul this morning and sells a one ounce gold eagle for 2465 , puts it in his pocket and goes back to the hangar to eat donuts and see if I've brought his boat back. How much tax will he pay ?
 
Last edited:
Back
Top