Predicts that gold serves as a hedge against worst-case economic scenarios and retains buying power over time, acting as 'financial insurance'.
"gold makes up a small piece of my portfolio it's about 2% of my entire Investment Portfolio why do I invest in gold I look at it like a way to save hard money if I were to go out and take $10,000 with the gold and $10,000 with the cash and bury it in my backyard today my theory is that 10 years from now the gold is going to have more buying power"