Dave Kranzler: Dollar rally is due to credit market concerns (rather than confidence in the dollar)

Arcadia Economics, Released on 7/7/22

The dollar has rallied to its highest level in 19 years, although rather than it being due to some inherent strength, analyst Dave Kranzler points out how it’s instead a reflection of concerns in the credit markets. Dave has been warning for months that the US was headed for a recession, and now that it’s here (why couldn’t the Fed have seen that?!), he shares what else he seeing in the markets. And in particular in gold and silver, which have sold off sharply this week, yet still have bullish contract positioning factors at their back. So to find out the latest developments in the dollar, gold, and silver markets, click to watch this interview now!

Dave Kranzler spent many years working in various Wall Street jobs. After business school, he primarily traded junk bonds for a large bank. Dave graduated from Oberlin College with majors in Economics and English and he also has an MBA from the University of Chicago, with a concentration in accounting and finance. Currently, he co-manages a precious metals and mining stock investment fund in Denver. He has nearly thirty years of experience in studying, researching, analyzing and investing in the financial markets. His daily articles can be found at his site, Investment Research Dynamics.

Chris Marcus worked 2 years at bond rating agency Moody’s, has an MBA from Wharton, and also worked 7 years as an equity options trader for Susquehanna International Group on the American and New York Stock Exchanges, before leaving in 2012 to create Arcadia Economics. In addition to publishing Arcadia’s Monthly Market Snapshot, he also currently writes market commentary for gold and silver dealer Miles Franklin, Investing.com, and several others.

Subscribe
Notify of
guest

0 Comments
Inline Feedbacks
View all comments