Mining News
'US dollar over-pricing is now spilling into other asset classes' - Anarcho Capitalist's Jayant Bhandari
(Kitco News) - Gold's time is coming as the U.S. dollar and crypto weaken and as debt and economic stagflation impacts increase, said Jayant Bhandari, publisher of the Anarcho Capitalist newsletter.
This week Bhandari spoke to Kitco Mining correspondent Paul Harris at Mines and Money London.
Bhandari noted that the U.S. dollar is finally falling, giving a chance for rotation into other assets.
"The U.S. dollar has done much better than most other asset classes, but I think U.S dollar has clearly become expensive," said Bhandari. "You can see that the U.S. dollar is overpriced. [Funds] are now spilling over into other asset classes. Gold has gone up reasonably well, in my view, and I think mining companies are consolidating and preparing to go up."
Bhandari is hopeful for the whole resource space.
"The worst for the junior mining sector is over."
