🌍Dollarization is increasing as countries seek alternatives to the US dollar in global trade.
🗳️Populist candidates winning elections are advocating for closed borders and stricter immigration controls.
🪙The price of gold holding above $2,000 is a positive indicator for gold miners.
What is dollarization?
—Dollarization refers to the use of the US dollar as the official currency in a foreign country or the adoption of the US dollar as a primary currency for international trade.
Why are populist candidates gaining popularity?
—Populist candidates are gaining popularity due to their stance on closed borders and stricter immigration controls, which resonates with a majority of people in many countries.
What impact does the price of gold have on gold miners?
—A higher price of gold translates to improved future cash flow for gold miners, which is generally positive for their stock prices and profitability.
00:05Dollarization is on the rise as countries seek alternatives to the US dollar in global trade.
00:12Populist candidates winning elections worldwide advocate for closed borders and stricter immigration controls.
00:20The price of gold holding above $2,000 benefits gold miners, increasing their future cash flow potential.
