$153,000 gold forecast and U.S. dollar collapse warning, Alasdair Macleod warns - Traders Union
$153,000 gold forecast and U.S. dollar collapse warning, Alasdair Macleod warns - Traders Union
Source: Traders Union
―
DW NOTE
Macleod's $153,000 gold forecast arrives while gold sits 22% below its January peak at $4,162 — down despite a U.S.-Iran war and the Strait of Hormuz being effectively closed. The 10-year Treasury yield has surged to multi-year highs even as the Fed began hiking in September. When the dollar collapses, apparently it does so while strengthening against every asset the doomsayers said would replace it.