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OPINION

Hedge Against Inflation with Gold - Interview with Larry O'Connor

The opinions expressed by columnists are their own and do not necessarily represent the views of Townhall.com.

Our nation is approaching bankruptcy – 35 trillion in debt – 160 trillion in unfunded liabilities – and our debt is growing a trillion dollars every 90 days. The Federal Reserve is about to start cutting interest rates which will further weaken the US dollar. No matter who wins the upcoming presidential election the Fed will have to print a lot more currency which will cause inflation to increase and the dollar’s buying power to decrease. Physical gold and silver are a hedge against inflation. As the dollar loses buying power, gold and silver’s prices and buying power increases. Gold and silver have been recognized as money around the world for over 5000 years – gold and silver are God’s money – Haggai 2:8 – ‘the gold and the silver are mine sayith the Lord’. Gold and Silver are also the recognized money in Article 1 Section 10 of the US Constitution.

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