The interviewee states 'The dollar has also been stable last few months' as part of his argument that other assets don't reflect the risk premium seen in gold. This is a description of recent past stability, not a firm forecast, but it is used to contrast with gold's movement, implying an expectation of continued stability in the near-term context.

Gold keeps going until you have a catalyst in the other direction... I just don't see that happening... the risk is to the upside rather than the downside from here at least in the near term. The interviewee describes a parabolic, momentum-driven rally with no fundamental catalyst to stop it in the near term, drawing a parallel to the late 1970s. He advises buying other commodities as the gold rally spreads, indicating a continued bullish near-term view on the complex.

The interviewee states that US bond yields are 'relatively stable' and that he doesn't see a 'massive increase in real interest rates' happening, which was the catalyst that broke the 1970s gold rally. This implies an expectation for yields to remain rangebound or stable in the near term.