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Inflation, Interest Rates, and Why You Should Own Gold

Inflation, Interest Rates, and Why You Should Own Gold

By Jeff D. Opdyke

The answer: Gold.

The question: What is the best investment to own today as the Federal Reserve begins raising interest rates?

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How we get to the answer — an answer that would seem to fly in the face of conventional wisdom — is why I come to you today. And this answer will reveal to you why you should own gold.

It’s not the destination; it’s the journey. I’m sure you’ve heard that old saw many times. Well, in this case, that’s all wrong. As Yellen & Co. nears the start of the first rate-hike cycle we’ve seen since the summer of 2004 to the summer of 2006, the Fed’s ultimate destination with interest rates is the only subject that really matters.

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