On this week’s episode of THE FINANCIAL COMMUTE, host Chris Galeski welcomes Wealth Advisor Patrice Bening to discuss current market issues and the unique value of gold.
Some topics they highlighted…
- Amid conflicting market signals, gold remains a store of long-term value. Even after a century, a gold bar is still worth the price of the average American home.
- Potential issues with our current financial system include heavy reliance on credit expansion and the balancing act of managing interest rates without destabilizing asset prices.
- Especially in times of inflation, gold serves as an important store of value in a portfolio to help preserve purchasing power over time.