In today’s Finance Show, Tim Price, Partner and Director at PFP Wealth, takes a look at Gold as an alternative currency, interest rates, and the VIX, along with Nick Batsford, CEO at Tip TV, and Zak Mir, Technical Analyst at Zak’s Traders Café.
Key points from the video:
Gold during the last period of competitive devaluations: Co-ordinated currency devaluation seen
Biggest debate on what Gold is
Gold behaves unlike commodities, can be defined as an alternative currency
Interest Rates: If rates go higher in the US, it would end the 30 year bull cycle with respect to rates
Volatility is now more volatile: Volatility in VIX has increased
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