How can gold be used as an indicator of inflation?
Gold went up by almost 50% during the 2008 crisis and has dropped by 1/3 since it's peak. If we use the price of gold as an indicator of inflation that would mean we a huge inflationary spike followed by a severe deflationary period?
Gold went up by almost 50% during the 2008 crisis and has dropped by 1/3 since it's peak. If we use the price of gold as an indicator of inflation that would mean we a huge inflationary spike followed by a severe deflationary period?