There was an article posted today on Yahoo Finance. The title is "6 Ways Retirees Can Beat Inflation". It is amazing how ignorant some articles are.
The article talks about 6 ways to hedge against inflation. They are all terrible ideas as far as the subject goes. How can you have an article talking about ways to beat inflation and not mention gold, silver, oil, real estate, or other hard assets? Most of the ideas revolve around depending on the government's CPI calculation. The only half decent idea is investing in stocks, but even this is not that good if you look at what happened in the 1970's.
When you see an article like this, you can see the ignorance that is out there. How can gold not be mentioned in such an article?