Having read about the London gold fix recently i wonder why is gold (or anything for that matter) a safe place to put your faith in.
When a few bankers decide on the price twice daily (I call this manipulation) and the free markets (or me and you) have no say whatsoever whay are we so invested in it?
Please offer some input
In most cases, certainly yes. In rare cases using fiat of another country with deflation could be even profitable.
2% is very optimistic. Infaltion is often hidden in food, goods and other stuff. F.e. you could by a sausage for $1 10 years ago. Today same sausage cost $1.2 and you think that inflation is 2%. But in new sausage you have only 50% of meat that was in sausage 10 years ago, other is soy beans or whatever. So, real infaltion is much higher - at least 7%.