Buying Gold to Protect against Inflation. Consider the following statement: “Since gold is a commodity and prices of commodities by definition increase with inflation, buying gold will protect me from...

Buying Gold to Protect against Inflation. Consider the following statement: “Since gold is a commodity and prices of commodities by definition increase with inflation, buying gold will protect me from any inflationary increases.” Can you point out a possible problem with buying gold to protect yourself against inflation?