Gold and crypto have been called 'inflation-proof' investments—so far in 2022, neither seems to be a great hedge

Gold and crypto have been called 'inflation-proof' investments—so far in 2022, neither seems to be a great hedge

Gold and crypto have been called 'inflation-proof' investments—so far in 2022, neither seems to be a great hedge Gold and cryptocurrencies are often lumped together as inflation-proof investments, but with prices rising at their fastest pace in decades, neither asset has performed well amid rising inflation in 2022. Bitcoin, the world's most popular digital coin, is down nearly 71% from its all-time high of $65,000 in November, as of Sept. 23. And gold prices were also down nearly 20% as …