Colombian Inflation Decimates Peso Over Decades; Gold and Stocks Beat Losses Long-Term
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Colombia's inflation has been over 10% annually for decades, decimating the peso's value against the dollar over time
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Gold and Colombian stocks have outperformed inflation over the past 30 years, though stocks did better
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Assets like gold and stocks don't reliably beat inflation in the short-term; consider TIPS instead
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Gold may be overvalued currently based on historical ratio to inflation, signaling possible underperformance
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U.S. housing now overvalued in 88% of the country per Fitch; inflation remains a major economic challenge