# "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
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### Author: ![DesertDog](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/desertdog/32/11503_2.png) [@DesertDog](https://boards.straightdope.com/u/DesertDog)
#### Post date: [November 20, 2024, 10:31am UTC](https://boards.straightdope.com/t/gold-is-a-hedge-against-inflation-meaning/1010458/48 "2024-11-20T10:31:08Z")

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> [@md-2000](#):
>
> I have a special deal where I keep half of it in my backyard.

Back in the eighties when the Hunt brothers were screwing around with silver futures I noticed a coworker day after day would bring in and eat only an energy bar for lunch. When I asked another cw who knew him better he said it was probably all he could afford. “He took out a second mortgage on his house, bought a bunch of silver contracts, then had to take delivery when the bottom dropped out of the market. They’re sitting in his garage.”

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