Will Rhind: Gold Price Takes a Hit, This Catalyst to Drive Next Leg
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Will Rhind of GraniteShares said a turnaround for gold hinges on increasing structural weakness in the US dollar.
Will Rhind, CEO of GraniteShares, weighs in on gold's pullback below US$4,000 per ounce, identifying what needs to happen for the price to rise.
"The trend I think in terms of the dollar cycle has to reverse," he explained. "In other words, the dollar has to start getting weaker on a more structural basis as opposed to just on the short term."
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Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.










