2min chapter

Forward Guidance cover image

Can Gold Withstand the Liquidity Drain? | Sean Fielder

Forward Guidance

CHAPTER

Bretton Woods: The Dollar Charade

CNN's John Defterios asks how long do you think the dollar charade lasts? He says people don't want to buy dollars and yet the dollar is high. Japanese investors are dumping US treasury bonds, which will decrease foreign investors appetite for treasuries not increase. We're seeing that in terms of valuations of whether it's gold, gold miners, EMP companies, he says. But my sense is still early, and that hasn't really sunk in.

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