# "Gold is a hedge against inflation." Meaning?

**URL:** <https://boards.straightdope.com/t/gold-is-a-hedge-against-inflation-meaning/1010458>\
**Category:** Factual Questions\
**Created:** [November 19, 2024, 12:15pm UTC](https://boards.straightdope.com/t/gold-is-a-hedge-against-inflation-meaning/1010458 "2024-11-19T12:15:30Z")\
**Posts on this page:** 1\
**Showing post:** 129

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**Author:** ![mixdenny](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/mixdenny/32/2962_2.png) [@mixdenny](https://boards.straightdope.com/u/mixdenny)\
**Post date:** [November 27, 2024, 6:01pm UTC](https://boards.straightdope.com/t/gold-is-a-hedge-against-inflation-meaning/1010458/129 "2024-11-27T18:01:30Z")

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> [@Measure\_for\_Measure](#):
>
> It sounds like you are a gold hobbyist. I approve. Hobbies are great, no irony intended.

Actually I am a silver holder. Very small time. I buy a few ounces a month as I see cool looking rounds (coin shaped). I keep them in a box for my grandson someday. My wife is the gold bug. She is Thai and they traditionally “wear their wealth.” But her collection is not static. She sells jewelry so she can buy a different piece. Takes apart earrings to make a pendant, etc. etc. Lots of nice coin shops where I live. I visit three of them that I like.

The wife recently sold a Rolex she was gifted 15 years ago and never wore. That was an interesting experience with the dealer having to verify the watch, check for needed service, etc.

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