Negative Rates Signal New Normal for Dollar

Fergus Hodgson, August 27, 2019

DOWNLOAD THE MP3 | WATCH ON BITCHUTE

As the globe braces for an imminent downturn and investors accept negative-yield bonds, all eyes are on central banks. However, Mark Rossano, founder and CEO of C6 Capital Holdings, contends the monetary tools offer little salvation for productivity.

Growth in dollar-denominated debt from emerging countries and preference for US treasuries keep the greenback in a dominant position. Further, given the decline of other major currencies, relatively speaking the dollar will strengthen and be positively correlated with gold, he argues.

Our weekly Discovery Group interview features Brandon Macdonald, CEO of Fireweed Zinc, who makes the case for investing in world-class zinc deposits.

Recommended Links

• Connect with Mark on Twitter and LinkedIn.
• “Amount of Global Debt with Negative Yields Balloons to $15 Trillion,” CNCB.
• “Central Banks Just Love Gold and It’s Going to Stay That Way,” Bloomberg.

If You Liked This Episode

• “The New Global Recession,” Gold Newsletter Podcast.
• “The Good News about the Next Recession,” Gold Newsletter Podcast.
• “Brace Yourself for Macro Turbulence,” Gold Newsletter Podcast.
• “China Prepares for Dollar Collapse, Hoards Gold,” Gold Newsletter Podcast.

Fergus Hodgson is Gold Newsletter’s roving editor. Follow him on Twitter and Facebook.