Gold: the ultimate inflation hedge

A rather extensive gold feature given that the article only interviews two "experts", both of them bearish on gold (while GoldMoney is mentioned in the article, the obvious step of interviewing its CEO James Turk was not taken. Of course, he's long-term bullish on gold). Looks like a grudging attempt to proffer up some gold coverage, since not doing so is beginning to look increasingly stupid for mainstream publications.

Given our current economic situation, it's not hard to see why there is increasing demand for an asset that appears to offer inflation-proofed returns. The consumer prices index (CPI), the Government's preferred measure of inflation, is now running at 4pc, while the retail price index (RPI), which takes into account housing costs and is for many people a more realistic gauge of how prices are rising, stands at 5.1pc. Both are expected to rise further this year.