| One, it’s all about the fundamentals. With interest rates low and heading lower (10-year Treasury is under 2%), this is gold positive. Furthermore, with the global economy in recession, interest rates will likely continue lower as central banks come up with new ways to keep the cost of capital cheap and to keep the “balls in the air”. Until proven otherwise, central banks will respond to crisis with money printing.
Two, over the past 10 years the best time to buy gold was when there was dollar strength. But even then and over the past 40 years, the relationship between the Dollar Index and gold hasn’t always been inversely correlated...............................................Full Article: Source
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