The decline of the U.S. dollar could happen at ‘warp speed’ in the era of coronavirus, warns prominent economist Stephen Roach

MarketWatch/Mark DeCambre/6-23-2020

“Stephen Roach, a Yale University senior fellow and former Morgan Stanley Asia chairman, tells MarketWatch that his forecast for a sharp deterioration of the U.S. dollar could be a very near-term phenomenon, not an event that looms off in the distance. ‘I do think it’s something that happens sooner rather than later,’ the economist told MarketWatch during a Monday-afternoon interview.”

USAGOLD note:  Sentiment on the dollar’s future is weakening, led by analysts like Stephen Roach, and probably one of the quiet motivations for gold going past the $1750 mark.