Thor's Media Vault

The Role of Gold in the Current Economy

What do you do when eggs are $6/dozen or when your car insurance has surged by 20%? There’s no doubt that Americans are feeling the impact of rising prices because the dollar has lost value. Brandon Thor sits down with WABC’s Sid Rosenberg to discuss how gold is critical for retaining wealth in an inflationary economy. “We’ve printed the dollar with reckless abandon but you can’t print gold,” says Brandon. According to Thor, gold helps investors retain wealth amid mass money printing by the federal government, a weakening dollar, and unchecked inflation. Watch Brandon’s interview on WABC radio addressing the relationship between rising prices and the waning value of the dollar — and the benefit of holding gold in the current economy.

SHARE: