On February 24, 2022, the war between Russia and Ukraine started, and the price of gold continued to rise. By March 9, it reached the highest point of this round of market. Then, why did the price of gold have another shocking and sharp rebound? Who is behind this?
The longer the Russia-Ukraine war drags on, the lower the trust of countries around the world in the U.S. dollar. Once the U.S. dollar depreciates, people will sell the U.S. dollar to avoid risks. At the same time, they will increase gold reserves in large quantities, which is likely to lead to a U.S. dollar crisis break out.
In order to prevent such a thing from happening in advance, the United States has pushed hard for the Group of 7 to impose sanctions on Russian gold. By suppressing gold and reducing the use of gold, it can continue to maintain the dominance of the U.S. dollar. This is the real purpose of sanctioning Russian gold!
Large-scale money printing will inevitably lead to the outbreak of a financial crisis, and the United States knows it well. In fact, using this method can only delay the outbreak of the financial crisis, but cannot solve the fundamental problem of the over-issuance of the US dollar.
The manipulator behind the rise and fall of gold prices is the United States. The U.S. dollar has been over-issued in large quantities, but the U.S. dollar has appreciated sharply. Gold should appreciate when the currency is over-issued in large quantities, but now, it has depreciated significantly. The whole world knows that this is not normal!
Few people know the reason behind this. Since gold is a precious metal with monetary attributes, its price increase and increased usage will inevitably weaken the share of the US dollar. Imagine that when the US dollar is issued in large quantities, people will not If you save US dollars and a large amount of is stored in gold , then the US dollar will inevitably depreciate greatly. Therefore, the US dollar and gold are a natural rival. The United States will inevitably suppress the price of gold and do everything possible to reduce the use of gold.
The trend of precious metals is greatly affected by the U.S. economy, the U.S. dollar, and U.S. debt. The trends of gold and the U.S. dollar are always contradictory. If people are not optimistic about the U.S. dollar, they buy gold, and if they are not optimistic about gold, they buy U.S. dollars. From the current point of view, Holding a large amount of U.S. dollars is very hurtful. The reason is: the inflation rate in the United States has reached as high as 8.6%. If you want to maintain and increase the value of the U.S. dollar, the interest rate must be equal to or higher than the inflation data, and it must reach above 8.6%. Otherwise, it will be negative interest rate. , whoever holds the US dollar will suffer.
With the strong sanctions imposed on Russia by the United States and the European Union , Russia is pushing for resource goods to be settled in rubles , and trade settlements will try to avoid the U.S. dollar. Other countries have become more wary of the United States, which will also reduce the use of the U.S. dollar. , therefore, the U.S. economy supported by financial capital will be greatly affected.
U.S. stock market prices have been hovering at high levels for some time, and real estate prices have also dropped from high levels. Both have the possibility of diving. Once the U.S. economy declines, the U.S. dollar will inevitably depreciate. Therefore, the best safe-haven currency in 2022 should be It's RMB.
regards gold and silver as safe-haven assets, and needs to pay close attention to the trend of the US dollar. , if the US dollar collapses, it is the time to take action!
