Skybridge capital, a US hedge fund, believes gold will continue its record rally, driven by “massive currency depreciation” and expectations of further stimulus measures. Troy gayeski, CO chief investment officer of skybridge capital, said: “when you think about currency depreciation, the question is which currencies the dollar will depreciate against, and when you look around the world, it’s hard to be excited about alternative currencies. Therefore, gold is clearly a natural alternative currency. ” Earlier this month, as central banks, including the Federal Reserve, introduced a large number of stimulus measures to support the economy affected by the epidemic, the international gold price broke through 2070 US dollars, a record high, although it has fallen sharply since then. This stimulates bets that as the money supply increases, paper money will lose value. Goldman Sachs called gold the last currency option and predicted more returns. Gold “is quite rich relative to oil or other commodities, but gold has not appreciated nearly as much as money supply growth since its last peak in September 2011,” gayesky said on Wednesday < p > < p > with $7.35 billion in assets under management, skybridge capital once withdrew from gold investment in 2011, but now gold accounts for about 3% of its portfolio, most of which were purchased in the past two months.