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A comment on Harry Browne’s 17 Golden Rules of Financial Safety (2013). Parent comment

Re:Harry Browne’s 17 Golden Rules of Financial Safety (2013) by osigurdson on Sunday September 03, 2023 @11:50AM (#37371355)
If you look at the chart for the GLD it doesn’t resemble and inflation proof investment imo. Maybe in the extremely long term it is but on a 1 decade time scale for example it certainly is not.
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Re:Harry Browne’s 17 Golden Rules of Financial Safety (2013) by roenxi on Sunday September 03, 2023 @11:56AM (#37371413)
I cheerfully point out that cash also doesn't resemble an inflation proof investment. The difference is gold's value ambles around a level, and cash trends down.
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Re:Harry Browne’s 17 Golden Rules of Financial Safety (2013) by DennisP on Sunday September 03, 2023 @12:43PM (#37371817)
Physical cash trends down but t-bills have kept up with inflation over the past century.
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Re:Harry Browne’s 17 Golden Rules of Financial Safety (2013) by osigurdson on Sunday September 03, 2023 @05:57PM (#37374985)
Fully agree that cash is not inflation proof (by design). However, when looking for something that is inflation proof it isn’t clear that gold is it.
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