Gold, AUD and the dollar debasement trade – is the era of USD dominance really over?
Wed Feb 04 2026
While the US dollar has been under pressure, gold has soared to record highs, and pundits are thinking about a world order that is no longer US centric. So how likely is this scenario, and what does it mean for investors?
Nab’s Head of FX Strategy, Ray Attrill, joins the podcast to discuss:
Why de-dollarisation is just noise in the short term, BUT
What the extraordinary appetite for gold may be telling us
The implications of new Fed Chair Kevin Warsh, and
The key conditions that would see a dramatic change in financial outlook for the dollar, commodities and more.
You can access this and previous episodes of the Your Wealth podcast now on iTunes, Podbean, Spotify or at nabtrade.com.au/yourwealth.
If you’re short on time, consider listening at 1.5-2x speed, which should be shown on the screen of your device as you listen. This won’t just reduce your listening time; it has also been shown to improve knowledge retention.
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While the US dollar has been under pressure, gold has soared to record highs, and pundits are thinking about a world order that is no longer US centric. So how likely is this scenario, and what does it mean for investors? Nab’s Head of FX Strategy, Ray Attrill, joins the podcast to discuss: Why de-dollarisation is just noise in the short term, BUT What the extraordinary appetite for gold may be telling us The implications of new Fed Chair Kevin Warsh, and The key conditions that would see a dramatic change in financial outlook for the dollar, commodities and more. You can access this and previous episodes of the Your Wealth podcast now on iTunes, Podbean, Spotify or at nabtrade.com.au/yourwealth. If you’re short on time, consider listening at 1.5-2x speed, which should be shown on the screen of your device as you listen. This won’t just reduce your listening time; it has also been shown to improve knowledge retention.