Why hedging with Gold is Popular

Yup pretty much self-fulfilling prophecy. The choice of boomers maybe?

If you want protection from inflation you can buy TIPS.

This is like the story of the guy who bought bank stocks in 2009 or Bitcoin at 300$
In trading and investing timing is everything.
The performance of one lucky guy does not justify an entire asset class.

Gold still is a dumb money hedge and it works because "it's always been that way"
 
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