I believe everyone knows that when the dollar rises, gold falls. But this year, an abnormal thing happened. Both the dollar and gold rose. Many people thought it was due to inflation, war, and geopolitical influences. In fact, everyone overlooked an important detail, which is "U.S. debt". In 2017, the U.S. national debt was about 20 trillion U.S. dollars. By the end of 2023, the U.S. national debt was as high as 34 trillion U.S. dollars. In fact, you can calculate how much debt the United States has issued in 6 years according to the speed of the expansion of the U.S. debt? The answer is "70%". All the money in the world will depreciate if it is printed too much, but will the U.S. dollar be immune? The answer is definitely "no". The reason why everyone is seeing the rise of the US dollar now is because not only the United States but other countries are also printing a large amount of currency. At the same time, the US dollar is a leading currency. When it continues to tighten liquidity, The U.S. dollar seems to be scarce, but it is reflected in real assets: For example, in <gold>, when we go back and compare the values ​​of the two, it is not difficult to find that the U.S. dollar is actually depreciating? Why do we say that when the price of gold rose in April and May this year, the United States immediately The very strong non-farm payroll data came out and immediately pushed the price of gold back. However, in In July, the previous non-farm payroll data was significantly revised downwards. This wave of expectation management can be said to have made everyone stupid. In fact, the United States is Want to maintain the dominance of the US dollar. But now the global wave of de-dollarization and the Federal Reserve's interest rate cut are about to depreciate the US dollar, which is already unstoppable.
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If there are friends who want to know more about this issue, you can continue to watch and discuss with each other.
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Today's sharp decline in U.S. stocks coincides with the above analysis.
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The US dollar has been on a downward trend. If you have other ideas, you can discuss with each other.
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Fed decision, Powell's speech continues, gold prices are still rising
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The Fed press conference has ended. Powell's speech has caused the gold price to rise again, which is completely in line with my prediction.

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