The Compound and Friends cover image

It’s GLD, b*tch!

The Compound and Friends

00:00

The Dollar Index Is Down 9% Off It's Peak

The Fed has turned the US dollar into a wrecking ball dash. There's no end in sight to the carnage. Silver outperforms gold when precious metals are doing well, silver outperforms. Gold was flat in 21 or 22 or other. So you lost money bonds, lost money stocks, gold was flat. Therefore, new portfolios being invested today, there's now a gold again. We've had that going up in gold markets of late. Of course, we know it's not defensive last year,. That thing is getting to this human nature and I just don't say that about the US dollar at all.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app