what to buy if inflation returns

BRK.A/GLD
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Quote from oldtime:

that's cool fickletrader, you know what's happened, and have the charts to prove it
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;-) Let me know if there's a ratio graph you want me to render.
 
Quote from fickletrader:

;-) Let me know if there's a ratio graph you want me to render.
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you know you are old when you start thinking more about the past than the future
 
Quote from fickletrader:

To the OP, you already knew the answer to your own question (gold) but for some reason you want a different answer. The way to buy gold is 1oz bullion coins (priced by weight not rarity). Forget about graded coins or etfs.
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No, you don't know what I already knew, sorry. Here's the problem for the gold bulls: THE RALLY ALREADY HAPPENED. It might last for a blow-off top, but the gold rally already happened. When the inflation arrives, the gold bulls are going to sit and wait for the RALLY THAT ALREADY HAPPENED. Meanwhile, interest rates will rise from the current low of 0%, destroying gold as savers find relief in interest bearing assets. Gold is not an inflation hedge, it's a deflation hedge. That's why we've had an 11 year gold rally in the midst of the total collapse of the long bond. What is it about the facts staring the gold bugs in the face that they can't see.
 
Quote from billyjoerob:

No, you don't know what I already knew, sorry. Here's the problem for the gold bulls: THE RALLY ALREADY HAPPENED. It might last for a blow-off top, but the gold rally already happened. When the inflation arrives, the gold bulls are going to sit and wait for the RALLY THAT ALREADY HAPPENED. Meanwhile, interest rates will rise from the current low of 0%, destroying gold as savers find relief in interest bearing assets. Gold is not an inflation hedge, it's a deflation hedge. That's why we've had an 11 year gold rally in the midst of the total collapse of the long bond. What is it about the facts staring the gold bugs in the face that they can't see.
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It's possible that you are right, but it's possible you are wrong. I would say that there has never been any deflation in the last 11 years so your central premise is invalid.
 
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