Quote from
7effect on January 4, 2026, 7:27 pm
Maybe a win for Trump, but not necessarily the USA and the petrodollar system. Even more countries will likely dump dollars because it makes them vulnerable (see BRICs). De-dollarisation has been the underlying force that's driven precious metal prices higher these past couple of years. Last nights 'liberation' of Venezuela will likely accelerate that IMO.
Maybe a win for Trump, but not necessarily the USA and the petrodollar system. Even more countries will likely dump dollars because it makes them vulnerable (see BRICs). De-dollarisation has been the underlying force that's driven precious metal prices higher these past couple of years. Last nights 'liberation' of Venezuela will likely accelerate that IMO.