George Gammon on Physical Gold as Insurance and Long-Term Purchasing Power
KNKitco NEWSYouTube channel
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In a Kitco NEWS interview published on 2026-10-23, George Gammon describes physical gold as insurance and says he usually puts 10% of what he makes into it, intending never to sell. He believes gold preserves purchasing power over long periods but acknowledges that its relationship with inflation can be weak even over 10 years. He tentatively suggests a 20-year horizon, flags potential tax erosion when selling, and says he favors gold miners for speculation while holding a broader portfolio.
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