Month: December 2017

Is Gold Really the Best Inflation Hedge?

“Gold is the best hedge against inflation.” – Pundit There’s not a week that goes by where we don’t hear one pundit or another promoting Gold as a valiant protector against inflation… Inflation is coming, we are told, and when it does you better own Gold. Sounds wonderful in theory, but what does the evidence […]

  • Posted in Gold, Investing, Myths
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Stop Searching for the Holy Grail

  • Gold
  • Charlie Bilello

In a recent post, I came to the following conclusion: “the notion that simply ‘following the trend’ in Gold will lead to vast riches is a false one.” I made this statement after analyzing a simple trend following system (going back to 1975), using the 200-day moving average as a signal of when to get […]

  • Posted in Gold
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Junk Bond Myths

What are high yield bonds? I don’t mean the textbook definition (corporate bonds with a credit rating below BBB), but how they actually behave in terms of risk and return. In attempting to answer this question, let’s address some common myths surrounding the asset class affectionately known as “junk bonds.” Myth #1: High Yield Bonds […]