Gold and U.S. Dollar Have No Relationship at all, Says Old Mutual Fund Manager

The video discusses the importance of gold in a diversified portfolio, emphasizing its role as a hedge against monetary system risks and market volatility. It explores the relationship between gold and the US dollar, noting that they are not inversely correlated. The video also examines why gold prices haven't risen despite market challenges, attributing it to stable real interest rates and bond market expectations.

Why is gold considered an important part of a diversified portfolio?

• It provides high returns in a short period.

• It is a stable currency.

• It acts as a hedge against monetary system issues.

• It is immune to market crashes.

What does the Barclays Bloomberg 7 to 10 year Real yield index suggest about future purchasing power?

• It will be almost the same as today.

• It will remain the same.

• It will decrease slightly.

• It will increase significantly.

What is the relationship between gold and the US dollar according to the video?

• They have a direct inverse correlation.

• They have no relationship at all.

• Gold is always priced in dollars.

• They can rally together.

What is a possible reason for gold not moving up despite market corrections?

• Gold is no longer a valuable asset.

• Interest rates have significantly increased.

• The bond market did not change its view on rate hikes.

• The equity market has fully recovered.

What could potentially drive a rally in gold prices according to the video?

• A decrease in global capital.

• An increase in real interest rates.

• A significant drop in equity markets.

• A stable bond market.