by: Richard Bloch
As some people who knock gold as an investment point out, "You can’t eat gold." But you can eat chocolate – so what’s the gold/chocolate ratio look like these days?
No, I’m not talking about chocolate as cocoa the commodity, but chocolate as an actual product – specifically a Hershey Bar. LINK...
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This article addresses the true inflation aspect of investing. Many people forget that the government's official inflation number does NOT include food & energy, which for many in retirement is the only thing they spend money on. It shows that it's very important to consider your "cost of living" when deciding on the investment you choose and whether or not that investment will maintain it's value in ACTUAL food and energy, not the currency it's measured in. As we can see from these charts, gold is a good indicator of your cost of living and should be held in reserve in EVERY portfolio. After all, why do you think Central Banks around the world are storing gold in reserve?
WHY NOT YOU? BK
