Video

Gold Investing

Will Rhind: Gold vs. US Dollar — Top Driver as Fiat Falters

"In my opinion, what's happening is that gold has become the de facto alternative to the US dollar," said Will Rhind of GraniteShares.

Will Rhind, CEO of GraniteShares, breaks down gold's recent price activity.

"I think the main thing that's driving gold ... is this alternative to the dollar," he said.


"People want an alternative to fiat money, and particularly the dollar, and also to traditional stocks and bonds. And so gold's appeal as being a genuine alternative, an uncorrelated alternative, grows by the month, seemingly," Rhind added.

Don't forget to follow us @INN_Resource for real-time updates!

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.