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Isn't being in the stock market a one of the best hedges against inflation?

As a general rule the stock market HATES inflation. I agree, this is counter-intuitive.

best hedges against inflation? I realize that gold is supposed to be too but that's something I really see as too speculative. It has little intrinsic value in my mind but that's just me.

The intrisic value of gold has been proven for thousands of years. It is ALWAYS desirable.

Perhaps you mean to say that gold has little PRACTICAL value but that would be wrong too. It has thousands of uses, particularly in electronics manufacturing.

If you own any stock at all, you should own some gold miners.

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