Early Draft: What Governs Gold's Price Now?

Founders

Gold and Dollar Correlations

Gold is still correlated to the USD

Gold is still priced as an opportunity cost to real US Bond yields.

These correlations still exist. They are simple mathematical facts.

Specifically:

Gold is Still Priced in Dollars

Gold is still priced in USD, therefore the higher the buying power of the USD (the less dollars are available) …