In these times or at any time, the "ultimate currency printer" sounds desirable. In order to combat financial frictions caused by higher tariffs on goods and lower dollar value, personal finance guru Graham Stephan said many investors are turning to one thing.

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Read on to find out what this investment is and why Stephen said it continues to generate revenue, especially during tough financial times.

In a recent YouTube video, Stephen said that gold is a consistently well done investment in history. As of May 9, gold was about $3,337 per ounce, up nearly 27% over the past six months.

According to Reuters, JPMorgan Chase expects gold to reach $4,000 in 2026. According to Stephen, some analysts predict that gold could reach $5,000 per ounce.

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Stephen pointed out in his video that the reason why gold is invested is because it has good value. He explained that since the United States left the gold standard, the value of the dollar has fallen, but the price of gold has risen.

Stephan explained that even in times of financial turmoil, gold is profitable. "Even if the stock market has become a default wealth builder, inflation will rise at any time or global uncertainty, the price of gold continues to rise because it is seen as a hedge against the decline of the dollar," he said.

Stephan explained that despite higher returns in the stock market, gold still sees strong annual returns. He said it was still stable in times of economic turmoil and “make a lot of money.”

"Generally speaking, the better our economy is, the better gold will do," Stephen explained in the video. He went on to say that gold is basically a way for consumers to fight their bets against financial fears.

Therefore, in a time of economic uncertainty, more and more people will invest in gold to ensure financial stability. According to investors' Daily Investors, the price of gold has been rising due to a variety of factors such as inflation, weak dollar and economic and political uncertainty.

However, Stephen believes it is not worth it to transfer all investments into gold. Generally, the higher the price of gold, the better the stock gets.