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Mark Rossano | Negative Rates Signal New Normal for Dollar
5 years ago
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.
Show notes: http://bit.ly/2zr6uA7
#Gold #Invest #Currency
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