There is a reason that gold is in the biggest bull run of all time, and has eclipsed the one in the late 1970s sparked by the U.S. abandoning gold backing for the dollar. We’re witnessing the demise of the dollar as the world’s reserve currency in real time, and central banks have been loading up on gold in preparation for what comes next.
That’s not politics, that’s smart fiscal policy. Trump is bringing intense geopolitical instability to the dollar.
There is a reason that gold is in the biggest bull run of all time, and has eclipsed the one in the late 1970s sparked by the U.S. abandoning gold backing for the dollar. We’re witnessing the demise of the dollar as the world’s reserve currency in real time, and central banks have been loading up on gold in preparation for what comes next.
They aren’t mutually exclusive.