Worried About Inflation? Here’s What Investments Worked In The 1970s

Gold Was The Number One Asset Of The 1970s

So what can investors do?

Is Bitcoin Stealing Gold’s Thunder?

Some market watchers may wonder why gold hasn’t climbed even higher. Indeed, when inflation surpassed 8% in March 2022, the metal’s price was not quite able to surpass its record high of $2,073 an ounce, set in August 2020.

Commodities Were Also A Profitable Bet

Even if physical gold is not hitting new highs, its resilience in the face of runaway inflation tells us that what the market seems to favor right now are hard assets that have intrinsic value. It’s little wonder, then, that prices for nearly every commodity — from metals to energy to agriculture — are going parabolic in many cases.

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