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Gold Is America’s ‘Anti-Dollar’, Says Interactive Brokers’ Steve Sosnick

How Gold and Silver Help Protect Your Portfolio from Inflation
How Gold and Silver Help Protect Your Portfolio from Inflation

Steve Sosnick, chief strategist at Interactive Brokers, described gold as the “anti-dollar,” highlighting its inverse correlation to the greenback.

He explained that recent political and fiscal instability in the U.S.—including credit downgrades and ballooning deficits—has made gold more attractive as a hedge.

Sosnick expects continued demand for gold if the dollar weakens further or monetary policy remains uncertain.

Gold’s role as a stabilizing force in volatile markets continues to strengthen.

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