The US dollar set for further dramatic declines?
by Stephen Flood
As the current wave of Covid19 strongly takes hold, it has devastated the lives of individuals and families and created an uneasy anxiousness not just in individuals but also in financial markets. It has turned a public health crisis in to an economic, financial and in some cases a political crisis too. We have watched as some of the most powerful democracies in the world struggle to maintain the very thing that defines them. All the while gold sits and watches and acts as a barometer for the perceived risk in the world.
As it sat with a wise head throughout 2020 signaling that all was not well, is 2021 the year that the barometer is set to explode?