May 4th, 2021

Why Sam Zell Bought Gold for the First Time

Billionaire Sam Zell says concerns over U.S. inflation and the dollar have led to his purchase of gold as a hedge for the first time last year. "When you see the debasement of the currency, you say, what am I going to hold on to?" Zell says in an interview on "Balance of Power." (Source: Bloomberg)