Monday, November 28, 2011

Reuters Graphs Gold vs. Fine Wine Returns

Reuters has charted the returns of gold vs. fine wine over the past 10 years.  Wine's returns almost identically mimic gold's, implying that the majority of the metal's run has in fact been mere currency devaluation.
You may not be able to eat gold, but you can still trade it for the same amount of fine wine (or actually slightly more) in 2011 than you could in 2000.