Up to the recent US elections, the dollar has been falling against major currencies adding to US inflation and increased raw material cost for American industry that require non-dollar denominated imports. Since the election, the US$ has been stable and gaining since US trade deal announcements in recent days. However, Euro and Japanese Yen are under severe pressure. This is likely to worsen if pledges to overspend at unsustainable levels continue while the local economies in Europe are in a tailspin.

Gold has been appreciating in value over the 9 months prior to the US elections to the tune of 28%. Overall indicating little confidence in US foreign policy to wanting to resolve current conflicts peacefully. Recent noise about not coming back to a more reasonable stance in some conflict areas has also increased the price of Gold to a new peak of $3,390 an ounce (current $3,330 per ounce), over 21% for the last 6 months and as the messaging for all-out war between NATO and Russia flare up so does the gold price and bitcoin.

Europe and NATO countries escalating conflicts and preparing for a physical World War III will further reduce the value of the Euro especially against gold-based and natural-resource based currencies.

The only conclusion can be that US (US$37.3 trillion), Europe (€15 trillion) and UK (US$3.3 trillion) are so hopelessly in debt that the only way they believe they can consolidate themselves is to take it from other nations like Russia, India, Africa and China rather than curbing their unsustainable exuberance.