Dollar Weakness May Spark Gold Demand, Says Alasdair Macleod
Alasdair Macleod suggests that the dollar's value may be undermined by its lack of alternatives, leading people to consider selling dollars in favor of gold.
Macleod points out that if the dollar continues to weaken, it could boost demand for gold as a safe-haven asset. However, he does not provide any specific predictions or targets for the dollar's decline or gold's rise.
In previous comments, Macleod highlighted concerns over the dollar's value and the attractiveness of gold. He has also discussed Japan's debt-dependent economy and warned of possible instability.