3min chapter

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Ep. 220 Will Rhind: Leverage On Single Stocks

Investing With IBD

CHAPTER

The Gold Market's Response to the Dollar's Decline

A lot of people looking at gold potentially coming up to this, you know, big long term high for decades. I think that what's happened here is that it's coincided with the peak in the dollar. In other words, the dollar is still on a longer term decline in my mind inflation and interest rates are going down. So even though the gold price is at a level which is up or near the high certainly that we saw back in 2020, that we can hold in here specifically if we're talking about,. you know, a longer-term decline in thedollar. Yeah.

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