🪙 Gold: The Barometer of Distrust
October 19, 2025He does not promise wealth, but safety. He does not guarantee prosperity, but survival. Gold, whose ounce was flirting with $2,000 as recently as March 2024, is now on the verge of crossing the $4,400 mark. Up more than 55% over one year, and 16% this month alone, its acceleration is spectacular. Perfectly proportional to…
Trump: The Organization of Chaos
March 23, 2025Without explicitly stating it, Donald Trump draws a correlation between the undeniable reserve currency status of the dollar and its impact on the industrial competitiveness of the United States. In truth, the facts support his argument, as industrial jobs now account for only 10% of employment in the U.S., compared to 40% in the 1980s.…
Currency is the Perfect and Easy Weapon Against Trade Wars
November 23, 2024In 2018, as part of their trade war, the U.S. imposed an average tariff of 12.5% on imports from China. The direct consequence? The yuan gradually declined by a similar proportion. Now, consider the U.S. imposing tariffs on imports from the Eurozone. For the European Union, the best defense would be inaction. Why? Because…