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Alasdair Macleod: Selling dollars for gold could offset decline in dollar value

Alasdair Macleod: Selling dollars for gold could offset decline in dollar value
Dollar weakness may boost gold demand

Alasdair Macleod suggests that a lack of alternatives could undermine the value of the dollar.

He points to the possibility that this dynamic may lead people to consider selling dollars in favor of gold.

Macleod previously commented on Chinese banks’ plans to halt leveraged gold and silver facilities as part of market changes in China. He has also described Japan as the world’s largest debt-dependent economy, warning of possible instability. These observations come as he highlights concerns over the dollar’s value and the attractiveness of gold.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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