Carol Roth
π€ SpeakerAppearances Over Time
Podcast Appearances
So I think that the purchasing power you have is going to continue to deplete.
And from my standpoint, I have been advocating for precious metals, particularly gold, silver up to a point.
I'm now out of silver because of the price shifts.
I've done extremely, extremely well.
So not unhappy about that.
Might enter in again.
But I've seen that more as a trade issue.
at today's levels than I have as a, you know, I have a little bit of it, but, you know, most of that's gone.
But gold has a 5,000 year social contract.
We've seen gold as a backer of our financial system for pretty much like the last, you know, thousands and thousands of years.
And it really is only since 1973 that this weird fiat industry,
bubble kind of started to percolate.
So I just see that things always kind of go back to where they were before.
We're seeing central banks around the world, instead of going into treasuries, it
Instead of going into some of your U.S.
assets are starting to go into gold.
And I think it's going to be very meaningful for the United States.
And I expect that they will probably do a reevaluation at some point in time.
So, again, just my insight.
But I think that gold, my perspective on it is it doesn't go up in price anymore.