Cathie Wood Predicts Potential Decline in Gold Prices Amid Historic Highs

Investor Cathie Wood has expressed concerns about the future of gold prices, suggesting they may be poised for a decline. According to NS3.AI, Wood highlights that the gold-to-U.S. money supply (M2) ratio has reached a historic high, surpassing the peak observed in 1980. She argues that the current surge in gold prices resembles a bubble nearing the end of its cycle, contrasting it with the artificial intelligence sector. Wood further suggests that a stronger U.S. dollar could lead to a significant drop in gold prices, similar to the 60% decline experienced between 1980 and 2000. Her analysis points to the potential vulnerability of gold in the face of economic shifts, emphasizing the importance of monitoring currency strength and market dynamics.