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What happened to gold?

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What happened to gold?

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26 segments

0:00

whether it's higher rates, uh

0:03

modestly higher dollar maybe has been a

0:05

headwind.

0:07

I look at it as more so what is a was a

0:09

blow-off from metal mania earlier in the

0:12

year or actually last year. There was a

0:14

mass amount of volume and money going to

0:15

that asset.

0:17

>> Last year?

0:17

>> Yeah. Oh, yeah.

0:19

>> What's interesting is that even you

0:20

would have thought

0:23

when the when the war started

0:25

and interest rates were up

0:27

>> People were petrified of inflation.

0:30

They're petrified about the world. If

0:32

you had if you had said that to me and

0:33

said, "What would gold do?" I would say

0:35

gold's up. And it wasn't.

0:37

>> It hasn't acted the way you thought it

0:38

would should.

0:39

>> in the last couple months, no. So, I've

0:41

seen a lot of money coming out coming

0:42

out of gold ETFs. So, that kind of perks

0:43

my interest of well, maybe this thing

0:44

will start to bottom out.

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