Why All the Chaos in Emerging Markets Hasn't Been Good for Gold

The video discusses why gold has not performed well despite emerging market chaos, geopolitical concerns, and trade wars. Investors have shifted to the dollar and dollar-denominated assets, leading to a bearish outlook on gold. The correlation between gold and the dollar is highlighted, with future gold prices depending on dollar trends. Gold's lack of interest yield and the Fed's tightening cycle make it less attractive. However, long-term prospects may improve if the Fed eases and US debt concerns rise, making gold a potential portfolio insurance.

Why is gold considered less attractive in the current economic environment?

What potential future economic conditions could lead to increased interest in gold?