These businesses weren't selling gold as a commodity. They were ripping off consumers, mostly conservative Christians. The reality is that the influencers selling this scam were actually right on the most basic level. Gold is the answer to economic volatility. It is a hedge against fiat currency and the devaluation of the dollar. And in fact, if the people we spoke to had bought gold at spot price and held it, they'd be much richer today. Their instincts were right, but they were subverted. (32:20–32:28)
CLAIM
Asserts that gold is a hedge against economic volatility and currency devaluation.
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