Traditionally, gold is hailed as an inflation hedge as the general public and investor communities expect it to gather value during inflationary times. But the metal shows quite a spotty historical record, indicating the loopholes in this belief. For instance, during the 2008 global economic turndown, gold registered almost 24% gains compared to the S & P 500 index, which lost around 37% value. But in contrast, gold investors lost approximately 10% from 1980 to 1984, when annual inflation rates touched 6.8%.
Q2 2022 hedge fund letters, conferences and more
What happened in recent months is also quite...