Gold Doesn't Protect You- Unless Everyone Else Thinks it Does

much rather own multifamily real estate than gold.  Rents reset every year, so they should be well-indexed to inflation, and real estate is traditionally favored in inflationary times.  Moreover, real estate produces substantial current yield, something that gold does not. If worried about sociopolitical unrest, the US dollar or US treasuries are a much better alternative than gold.  The US dollar is being debased at a much lower rate than other competing currencies (i.e. GBP or JPY, and likely soon EUR), and remains the world reserve currency, making it an attractive safe haven.  US treasuries also produce yield, and I…