Gold Just Hit $3,500+

So gold just hit $3,500 an ounce, the highest in modern history. And as Goldman Sachs has projected, price could go to $5,000 if the federal Reserve stumbles and the dollar weakens as the world's reserve currency. The dollar has been that since World War II. But the record U.S. debt, inflation pressures, political challenges to Fed independence. Investors are hedging with gold. Why? Because gold is tangible, universal, deeply historical. Cortez and MONTEZUMA in the 1500s, 1933, President Roosevelt issued an executive order making private gold ownership illegal. Why? Gold's not a quick profit play. You can't eat it. Timings always matters. But across a lifetime, owning some gold as part of your investment strategy has proven to be a reliable hedge against uncertainty. This amount is a down payment on a car. This amount probably buys a car. I'm Tom Powell. If you want to learn from law, economics, founders raising capital, or even ask dad, follow along and see some answers. Have a great day.