Measured in Pounds thus benefitting from Dollar strength + Gold Strength
Note
According to milk shake theory. The dollar will crush currencies around the world.There is $13trl in loans denominated in dollars outside the US. Each dollar will have to be repaid plus the interest.
Also Gold will too well arise on its on trajectory. However if dollar goes too high then there will be a temporary Gold sell off. As goverments and institutions firesale their best asset(s) to make up for losses in other areas of their portfolio/economy.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.