Gold Is America’s ‘Anti-Dollar’, Says Interactive Brokers’ Steve Sosnick

25.05.20

Steve Sosnick, chief strategist at Interactive Brokers, described gold as the “anti-dollar,” highlighting its inverse correlation to the greenback. He explained that recent political and fiscal instability in the U.S.—including credit downgrades and ballooning deficits—has made gold more attractive as a hedge. Sosnick expects continued demand for gold if the…

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