Gold Is Not an Inflation Hedge, But It Should Do This in Your Portfolio

Today, gold is best positioned as wealth insurance, according to Mark Yaxley, managing director at Strategic Wealth Preservation. There is a misconception that gold correlates to inflation but really, "it reacts to interest rate-hikes and recessionary environments," says Mark. "Gold is still outperforming the equites market," he continues. "The U.S. dollar is the No. 1 driver for the gold price," Yaxley argues. "Premiums tell the truth on the supply and demand of metals," and most investors are waiting on the sidelines waiting for an entry point to develop. Yaxley concludes that silver under $20 is still a good deal and, "the market is in an analysis paralysis status and we're in the midst of a rate-hike cycle, so I would expect gold to react quite well." #gold #silver #interestrates ⭐️ Join Daniela Cambone's exclusive community ➡️ ➡️ Follow us on Facebook: ➡️ Follow us on Twitter: ➡️ Follow us on Instagram: ➡️ Follow us on LinkedIn: