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, but 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 are in a tailspin.

Gold has been appreciating in value over the 9 months prior to the US elections to the tune of 26%. Overall indicating little confidence in US foreign policy to wanting to resolve current conflicts peacefully. Recent noise about coming back to a more reasonable stance in some conflict areas has also reduced the price of gold from it's peak of $2,800 to $2,645 an ounce, but still up over 28% for the last 12 months and as the messaging as to all out war between NATO and Russia flareup so does the Gold price.

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$36.3 trillion), Europe (€14 trillion) and UK (US$2.9 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.