Select Page

Ned Davis Research says gold is stronger than the US dollar heading in to the New Year and more likely than the greenback to reach record highs as 2022 progresses. Tim Hayes, the Chief Global Investment Strategist for Ned Davies Research says gold is more likely than the dollar to reach new highs, with the dollar facing down stiff competition from the Euro and likely to struggle in the prevailing market conditions.

Hayes said, “The dollar made a high right after the COVID-19 crisis in March. And on the question of which one is more likely to make a new high — gold or the dollar — I’d say gold. I’m currently neutral on the dollar, which sort of implies that it stays in its trading range. But I’m bullish on gold.

“Gold is likely to hit new record highs as long as this environment remains. And that implies that this is about as good as it gets for the U.S. dollar.”

With just a couple of weeks left before things wind down for the Christmas break, don’t delay. Buy now.

This website is published by The Gold Safe Ltd, a Company registered in England and Wales with Company number: 11994725 a subsidiary of the United Kingdom Asset Company Ltd, a Company registered in England and Wales with Company number: 09784057 and is intended for information and promotional purposes only. The information provided in our free guide is not intended as an offer to invest and should not be construed as financial advice.

Fees: There are no fees for using this website or service.

Contact us: Tel: 0203 695 3400

Address: 71-75 Shelton Street, Covent Garden, London WC2H 9JQ

All rights reserved copyright 2020 The Gold Safe Ltd

Follow us on:

    Wait! Before You Leave Download The 'Ultimate Guide to Gold Investing'
    FREE of Charge