Incredible! The reversal of tariffs and currency devaluation has triggered a surge in gold prices, and investors are flocking in!
Just when it seemed that the trade situation between China and the US was stable, the US suddenly announced an exemption from tariffs on $100 billion worth of Chinese goods, including phones and computers. Stock investors were initially overjoyed, but then news of 'misinterpretation' spread, plunging the market into panic. Fortunately, it was eventually confirmed that the tariffs were indeed lifted, but everyone knows that Trump's policy changes are faster than flipping a book, and this good news could turn into bad news at any moment.
At the same time, the US dollar fell below the 100 mark, reaching a two-year low. Although the depreciation of the dollar can alleviate the pressure on US debt and stimulate exports, the speed of the renminbi's devaluation is even faster, plummeting 4% against the euro in just one week, severely undermining market confidence in the dollar. Countries are engaging in a currency devaluation game, ostensibly to seize export markets, but in reality, this poses significant risks.
Most astonishingly, the price of gold surged to $3,254 in just three days, with institutions expecting it to break through $3,300. Investors are flocking to gold, selling off US debt. Now, gold is truly the hard currency.
The electric vehicle battle between Europe and China is also escalating, with Europe complaining that Chinese electric vehicles are too cheap and preparing to impose tariffs. However, China's response is extremely clever—by raising prices to exchange for tax exemptions and setting a minimum price of €30,000. With the assistance of renminbi devaluation, Chinese electric vehicles have become even cheaper in Europe, making the negotiation strategy highly effective.
An unexpected piece of news is that the US government has cut NASA's research funding by half, prompting Elon Musk to voice his concerns. This move not only affects SpaceX's funding chain but may also impact the US's space military layout.
Reminder to investors: The market is highly volatile, so be cautious in your response. Refer to the 'Greed and Fear Index' to adjust your positions; if the index is below 20, you can increase your holdings moderately, and if it exceeds 55, you should reduce your holdings. Remember, the position in a single stock should not exceed 5%, and steady investment is the key to achieving long-term returns.
Just when it seemed that the trade situation between China and the US was stable, the US suddenly announced an exemption from tariffs on $100 billion worth of Chinese goods, including phones and computers. Stock investors were initially overjoyed, but then news of 'misinterpretation' spread, plunging the market into panic. Fortunately, it was eventually confirmed that the tariffs were indeed lifted, but everyone knows that Trump's policy changes are faster than flipping a book, and this good news could turn into bad news at any moment.
At the same time, the US dollar fell below the 100 mark, reaching a two-year low. Although the depreciation of the dollar can alleviate the pressure on US debt and stimulate exports, the speed of the renminbi's devaluation is even faster, plummeting 4% against the euro in just one week, severely undermining market confidence in the dollar. Countries are engaging in a currency devaluation game, ostensibly to seize export markets, but in reality, this poses significant risks.
Most astonishingly, the price of gold surged to $3,254 in just three days, with institutions expecting it to break through $3,300. Investors are flocking to gold, selling off US debt. Now, gold is truly the hard currency.
The electric vehicle battle between Europe and China is also escalating, with Europe complaining that Chinese electric vehicles are too cheap and preparing to impose tariffs. However, China's response is extremely clever—by raising prices to exchange for tax exemptions and setting a minimum price of €30,000. With the assistance of renminbi devaluation, Chinese electric vehicles have become even cheaper in Europe, making the negotiation strategy highly effective.
An unexpected piece of news is that the US government has cut NASA's research funding by half, prompting Elon Musk to voice his concerns. This move not only affects SpaceX's funding chain but may also impact the US's space military layout.
Reminder to investors: The market is highly volatile, so be cautious in your response. Refer to the 'Greed and Fear Index' to adjust your positions; if the index is below 20, you can increase your holdings moderately, and if it exceeds 55, you should reduce your holdings. Remember, the position in a single stock should not exceed 5%, and steady investment is the key to achieving long-term returns.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
94,791.56
+0.39%