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Kitco NEWS InterviewsRising yields threaten gold collapse as price falls to 2021 low – Lyn Alden (Pt. 2/2)Gold is not purely an inflation hedge, but more of a hedge against real interest rates, and rising bond yields that have outpaced the growth of inflation expectations has been weighing down on the precious metal, said Lyn Alden, founder of Lyn Alden Investment Research.
“What gold really does is it protects you from an environment where inflation is much higher than the bond yields, and that’s what we’ve seen in 2020 is that gold over the past couple of years had a pretty big appreciation because it was protecting against that. Now, since about late summer 2020, negative real yields...2021-02-1817 minKitco NEWS InterviewsLyn Alden explains Bitcoin’s ‘Ponzi scheme’ definition and next price targets (Pt. 1/2)Bitcoin does not fit the narrow definition of what a Ponzi scheme is, said Lyn Alden, founder of Lyn Alden Investment Strategy, who said that $50,000 is the next resistance level.2021-02-1611 min