🌐 I wrote in January that everything would change with Trump's arrival, but no one expected this (except Warren Buffett, who sold stocks at the highs and is now sitting on cash and waiting for the right moment to re-enter stocks).
🙂 Last week, Trump took a step back regarding tariffs (except for China), but currency wars intensified immediately:
As during his previous presidency — the dollar is weakening, meaning the euro, pound, franc, and other major currencies have surged rapidly.
There is currently a correction happening, but I think Trump will continue to pursue a weaker dollar.
Euro/$ has slightly decreased now
from 1.1460 to 1.1280 😰:
The Dollar Index (DXY) continues to mimic the dynamics observed during Trump's first term as president.
🏆❤️ Gold $PAXG :
Inflows into Gold funds are hitting records this year.
Buying Gold has become one of the most popular trends among finance managers.
$4000 mark is sounding in forecasts more frequently.
The drivers are the same:
➡️ strong demand from central banks around the world and
➡️ the role of gold as a hedge amid trade wars,
➡️ risks of recession and
➡️ geopolitical tension.
