How High Will Gold Go? It Depends on the Dollar

The inverse relationship between gold and the dollar is evident. Interestingly, we observe that when the dollar falls, gold rises—but the magnitude of gold’s increase is often greater than the dollar’s decline.

As we can see when dollar declines, gold went up.
From 2001 to 2011, when dollar was down, gold went up.
From 2017 to 2020, when dollar was down, gold went up.
And from 2022 to current, when dollar is down, gold is up.

With de-dollarization, this also means gold may have more upside potential.

Conversely, when the dollar increases, gold declines by almost the same magnitude.


Apart from de-dollarization, what are the other reasons dollar will face more headwinds?
There are three elements

• Existing debt,
• more money printing and
• tariffs,

All these 3 elements are not going to go away anytime soon, as long as the debt continue to rise, more money to be printed and more tariffs impose, dollar downtrend is likely to continue. When dollar is down, gold is up.

And these trends did not happen recently. It is taking shape over the past decades with a lower dollar, we can see how nicely the trends have seated on its historical troughs and peaks forming the channel for the dollar, and also in the gold over the decades.




This tutorial video version:

Mirco Gold Futures and Options
Ticker: MGC
Minimum fluctuation:
0.10 per troy ounce = $1.00

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