Core Viewpoint - Gold is approaching $4,000 an ounce and serves as a hedge against inflation fears and currency debasement, but it should not replace Treasury holdings [1] Group 1 - Gold's role in investment portfolios includes hedging against inflation and currency debasement [1] - The current price of gold is nearing $4,000 per ounce [1] - Gold is not a substitute for Treasury stocks in investment strategies [1]