Gold is not an Inflation Hedge: It is a Credit Default Swap on Hyper-Inflation (GLD)

Go back to Gold is not an Inflation Hedge: It is a Credit Default Swap on Hyper-Inflation (GLD)
SPDR GOLD TRUST, SPDR GOLD SHARES (NYSE: GLD) Delayed: 413.84 +15.29 (3.84%)
Previous Close $398.55    52 Week High $131.15 
Open $408.81    52 Week Low $100.23 
Day High $414.00    P/E N/A 
Day Low $407.47    EPS $0.00 
Volume 17,576,437