Former US Secretary of State Blinken commented on the tariff policy: The world will no longer trust the United States, which is not good for us.
A weakening US dollar and 145% tariffs will be a double whammy for US consumers.
Why is the $USD Index(USDindex.FOREX)$ 's downward trend so important for $Gold - main 2506(GCmain)$ investors?
Because of its inverse correlation with gold price Indeed, when the world's reserve currency is doing poorly, gold plays its role as store of value
Below: $DXY VS M2-adjusted gold (inverted scale)
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The DXY is currently revering towards its Purchasing Power Parity, after years of overvaluation.
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The DXY is now breaking its multi-year suport.
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