Currencies

A soaring gold price is a vote of "no confidence" in the central bank and the dollar [and]... reflect a growing restlessness with the increasing money supply, our budgetary and trade deficits, our unfunded liabilities, and the inability of Congress and the administration to reign in runaway spending. Words: 1911

Donald Trump has outlined a series of cryptocurrency policy proposals aimed at positioning the United States as a global leader in the digital asset space. Trump's cryptocurrency policies, particularly his proposal to establish a strategic Bitcoin stockpile, could have significant implications for the gold and silver markets.

On Monday, major U.S. stock indexes experienced their most significant decline since 2022. The S&P 500 fell by approximately 3%, while the NASDAQ dropped over 6%. As investors navigate through the current financial turbulence, attention is increasingly turning towards assets that can provide stability amidst uncertainty. Silver, historically known as a safe haven during economic downturns, is garnering interest due to its potential to hedge against market volatility.

The Gold/Silver Ratio has been rising along with the strength of the US dollar.

The BRICS nations are coming of age....The bloc of five emerging countries—Brazil, Russia, India, China and South Africa—  will welcome six new members: Saudi Arabia, Argentina, Egypt, Ethiopia, Iran and the United Arab Emirates (UAE).

The cryptocurrency realm, already characterized by its unpredictable nature, has once again been thrust into the spotlight as Bitcoin, the pioneering cryptocurrency, recently experienced a rapid price drop.

“De-dollarization” is being pursued by countries with agendas at odds with the US, including Russia, China, Saudi Arabia and Iran.

This graphic catalogs the rise of the U.S. dollar as the dominant international reserve currency, and the recent efforts by various nations to de-dollarize and reduce their dependence on the U.S. financial system.

27% of Bitcoin owners, and 21% of Ethereum owners, said they were planning on adding to their holdings in the next month amid fears of a full-blown banking crisis.

If we want to better understand the answer to the elusive question of "When will the fiat U.S. dollar collapse?", we have to watch the petrodollar system and the factors affecting it.