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Siegel and Schwartz on Stocks for the Long Run

Masters in Business

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Gold Is Doing Much Better Than Stocks and Bonds

Gold is down 9 percent this year, but not what I would have expected given inflation. The fact that real rates went up 250 basis points, that's a big headwind to gold. So in other words, it's not just inflation minus rates. You could say, wow, gold is really doing much better than stocks and bonds.

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