Gold vs. the S&P 500: With Inflation at a 3-Year High, Which Does History Say Wins?

With U.S. inflation hitting a 3-year high of 4.2% in May, the article compares gold and S&P 500 as inflation hedges. Historically, the S&P 500 has significantly outperformed gold over 20 years (785% total return with dividends vs. 655% for gold). The author argues that the S&P 500 remains the better long-term investment despite current economic headwinds, as it represents growth in America's largest companies, while gold is viewed as a pessimistic bet against the dollar.