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.

What is the significance of gold in a diversified portfolio according to the text?

What assumptions does the speaker suggest one should consider regarding the US dollar?

How does the speaker view the relationship between gold and the US dollar?

What does the speaker imply about the current market environment for gold?

What factors does the speaker believe influence the price of gold?