Investing in Gold
Yep, but to get that suit you would have to sell your gold, and then the suit wears out and you have nothing, if you bought an investment that throws off income, you could get a new suit every 10 years for ever, you grand kid could still be getting a new suit 100 years after you die.
Lots of assets resist inflation, and they also provide income.
As I said if you already have all the money you ever need and don’t need any real growth, just inflation hedging on your pile of capital, then sure buy gold, just don’t out live your stock pile, but if you require your pile to keep growing in real terms or throwing off income so you can eat, avoid gold.
