Gold is the new (old) global reserve currency so long as the child president continues his assault upon the institutions of Bretton Woods II.
So much harm has been done to US institutions in such a short period by the child president that his very presence is now an enduring threat to the Bretton Woods II regime of US dollar hegemony.
There are various safe havens against this white-anting of the reserve currency: the Swissy, partially the EUR, though it is limited by its fiscal malformation, and a basket of other currencies, including the AUD. Forget about CNY, it’s stuffed.
