Colin Cieszynski, chief market strategist at SIA Wealth Management, joins BNN Bloomberg to talk about investing opportunities in gold that held up reasonably well against a rising U.S. dollar last week.

Subscribe to BNN Bloomberg to watch more videos:

Connect with BNN Bloomberg:
For the latest news visit:
For a full video offering visit BNN Bloomberg:
BNN Bloomberg on Facebook:
BNN Bloomberg on Twitter:
BNN Bloomberg on Instagram:
BNN Bloomberg on LinkedIn:
—
BNN Bloomberg is Canada’s only TV service devoted exclusively to business, finance and the markets….(read more)

LEARN ABOUT: Investing During Inflation

REVEALED: Best Investment During Inflation

HOW TO INVEST IN GOLD: Gold IRA Investing

HOW TO INVEST IN SILVER: Silver IRA Investing

With inflation on the rise, investors are turning to gold as a hedge against the eroding power of their money. According to a leading strategist, the precious metal may be reasserting its role as a traditional inflation hedge.

In recent years, gold has not been the go-to investment for many people seeking to protect their wealth against inflation. The strong performance of equity markets and the allure of digital assets like cryptocurrencies have diverted attention away from gold as a safe haven. However, as inflationary pressures continue to build, some experts believe that gold is making a comeback.

In a recent interview, a prominent strategist noted that there is growing evidence to support the idea that gold is reestablishing itself as a hedge against inflation. The strategist pointed to the Federal Reserve’s commitment to keeping interest rates low and continuing to support the economy with ongoing stimulus measures. These policies, along with the massive government spending in response to the COVID-19 pandemic, have raised concerns about the potential for a surge in inflation.

Historically, gold has been a reliable store of value during periods of inflation. When the value of fiat currencies declines, the price of gold tends to rise, helping investors to preserve their purchasing power. This makes gold an attractive asset for those seeking a safe haven from the effects of inflation.

In addition to inflationary concerns, geopolitical tensions and market volatility are also driving demand for gold. The strategist pointed out that these factors have contributed to a resurgence in interest in gold as a means of diversifying investment portfolios and protecting against economic uncertainty.

While gold has faced some headwinds in recent years, including the digitalization of financial markets and the emergence of new alternative assets, its traditional role as a hedge against inflation appears to be back in favor. Investors are once again recognizing the value of owning physical assets like gold to safeguard their wealth during times of economic instability.

As the global economy continues to navigate through uncertain waters, it is becoming increasingly clear that gold’s status as an inflation hedge is being reassessed. If inflationary pressures persist, it is likely that the demand for gold will continue to grow, signaling a potential resurgence for the precious metal as a safe haven asset.