United States | News & Politics

Judging by the evolution of both US salaries and prices compared to Europe, the USD is way overvalued versus currencies like the EUR - the cross-currency exchange rates place salaries and prices in the US well above those in Europe, and quite a lot more so than a decade or two ago (20 years ago a lot of things, such as food, used to actually be cheaper in the US).

The dollar's Reserve Currency status (which, though weakened, isn't over yet) is maybe what's dilluting the effects of Inflation in the USD but the measures of this American Administration have probably accelerated its loss of that status (certainly China has increased their efforts to get rid of using the USD for international trade).

Mind you I've been in Gold since 2010, having been in the Finance Industry during the 2008 Crash and seen how the problems that caused it weren't fixed after it, just postponned - in other words, it turned me into a very conservative investor, or maybe a nutter, or maybe both - but only in the last 2 years has Gold started taking of, which I see as an indication that the markets expect things to get bad for the Economy in general in the coming years: Gold is THE traditional way to put one's savings outside national currencies (as is still done in places like China and India were many people put their savings in gold jewelery) and has nowhere the level of speculation and volatility of crypto (generally its has a similar volatility to cross-currency exchange rates, whilst crypto has levels of volatility closer to that of stock derivatives) so it makes sense that it's a weathervane of trust in the broader economy of whole nations and even the World.