Gold doubled in price and the Dollar at a 3-year low. How much blame falls on Trump's shoulders?

[Mac1958]

He's killing the Dollar.

Trump policies are pivotal to gold price rally, Franco-Nevada CEO says

MELBOURNE, Oct 9 (Reuters) - U.S. President Donald Trump's policies have eroded the dollar, fuelling a gold rush which has pushed prices to a record high above $4,000 an ounce this week, the president and CEO of Canada's Franco-Nevada (FNV.TO), opens new tab said on Thursday.

Tariffs, a growing structural deficit in the U.S. trade balance and the break down of trust in U.S. institutions have combined to speed "de-dollarisation," Paul Brink told a business lunch in Melbourne.

 

[sparky]

Yes, one must remember that the Dollar is the offial world currency. Everything currency is compares to the dollar

The dollar lost it's global standing to the brics Lucky ........ which is why revaluation is now on the table .........also why everyone is scrambling for any earthly connection to 'currency' , which is a global game of musical chairs any floundering fiat endures.....~S~

 

[sparky]

He's killing the Dollar.

Trump policies are pivotal to gold price rally, Franco-Nevada CEO says

MELBOURNE, Oct 9 (Reuters) - U.S. President Donald Trump's policies have eroded the dollar, fuelling a gold rush which has pushed prices to a record high above $4,000 an ounce this week, the president and CEO of Canada's Franco-Nevada (FNV.TO), opens new tab said on Thursday.

Tariffs, a growing structural deficit in the U.S. trade balance and the break down of trust in U.S. institutions have combined to speed "de-dollarisation," Paul Brink told a business lunch in Melbourne.

Lack of tariffs aka >>nafta de-dollarized the USofA Mac

~S~

 

[Luckyone]

The dollar lost it's global standing to the brics Lucky ........ which is why revaluation is now on the table .........also why everyone is scrambling for any earthly connection to 'currency' , which is a global game of musical chairs any floundering fiat endures.....~S~

The Facts: Multiple measures show that the dollar still holds the leading position among global currencies, although its role has diminished somewhat over the years. In 2025, 57 percent of central bank reserves across the world were held in dollar-denominated assets, down from 71 percent in 1999.Jun 2, 2025

 

[LordBrownTrout]

Sure am glad I bought three bags of silver. This is what happens when you have endless wars, endless social programs, endless spending by both parties.

 

[Meister]

No, that is not what I meant. I meant he was to fix all of the underlying causes (such as inflation and uncertainty) from day one. If he had done that, Gold would not have had a reason to go up in price like it did! He has done the opposite and that is why Gold has doubled in price over the past 8 months!!!!

You still don't get it, do you? Just say I don't understand the
variables of the price of gold.

 

[Nostra]

Gold has doubled in price, and the dollar has dropped in price to a 3-year low, and all of this happening since Trump took office in January of this year.

How much blame should he be charged with.

What’s happened to the price of gold this year?​

The price of gold has risen more than 50 percent since the start of 2025 in a historic run for the asset. Much of the surge has been fueled by United States President Donald Trump, who returned to the White House at the start of the year.

Gold prices rose sharply in April when Trump launched a trade war against much of the world, and it rallied again in August as the US president attacked the independence of the Federal Reserve – the US central bank.

Anxious Investors Push Gold Above $4,000 an Ounce for the First Time​

Gold, often seen as a haven during times of turmoil, is on course for its best year since 1979, when prices surged over 100 percent during a period of high inflation, a depreciating dollar and a geopolitical crisis in the Middle East.

There are uncomfortable echoes of that past surge today, said analysts, who attributed the recent rise in gold prices to demand from investors looking to shift away from U.S. assets at a time of political upheaval and uncertainty, highlighted by the government shutdown. The gold rally also reflects a strong undercurrent of unease among investors, even as stocks have repeatedly set records, giving Wall Street a bullish air.

Dollar slides to 3-year low on report Trump plans to name next Fed chair early​

This articles above says it all. Since Trump took office, there is turmoil, political upheaval, uncertainty, as well as fear of inflation rearing up ahead (given that Gold is always the safe haven chosen when inflation goes up).

These FACTS (Gold doubling in price, and Dollar down to multi-year lows) means that Trump's actions are being seen much more of a negative to our nation than them being a positive.

This is not opinion but fact, given that money talks! This is not Democrats worrying (and crying) about Trump, but everyone scurrying to find ways to protect themselves against the consequences of Trump's actions!

My gold portfolio thanks President Trump.

 

[Nostra]

Why has Gold doubled in price and the Dollar fallen to a 3-year low during Trump's campaign?

That is my question

Trump did it just to torque you off, loser.

 

[OhPleaseJustQuit]

My gold portfolio thanks President Trump.

.

Mine too.

.

 

[KissMy]

Gold is trading above $4,058.80 thanks to Trumpflation!

 

[Luckyone]

You still don't get it, do you? Just say I don't understand the
variables of the price of gold.

Hahaha, I started my climb to economic success back in 1977 selling Gold to investors in the commodity market (high leverage), when Gold was at $197. It rose to over $800 in the next 3 years and I and clients

 

[KissMy]

89 octane is under 3 dollars here just about every gas station

2 Dollar super here we come

Trumpflation Homeless Nation

 

[Concerned American]

Gold has doubled in price, and the dollar has dropped in price to a 3-year low, and all of this happening since Trump took office in January of this year.

How much blame should he be charged with.

What’s happened to the price of gold this year?​

The price of gold has risen more than 50 percent since the start of 2025 in a historic run for the asset. Much of the surge has been fueled by United States President Donald Trump, who returned to the White House at the start of the year.

Gold prices rose sharply in April when Trump launched a trade war against much of the world, and it rallied again in August as the US president attacked the independence of the Federal Reserve – the US central bank.

Anxious Investors Push Gold Above $4,000 an Ounce for the First Time​

Gold, often seen as a haven during times of turmoil, is on course for its best year since 1979, when prices surged over 100 percent during a period of high inflation, a depreciating dollar and a geopolitical crisis in the Middle East.

There are uncomfortable echoes of that past surge today, said analysts, who attributed the recent rise in gold prices to demand from investors looking to shift away from U.S. assets at a time of political upheaval and uncertainty, highlighted by the government shutdown. The gold rally also reflects a strong undercurrent of unease among investors, even as stocks have repeatedly set records, giving Wall Street a bullish air.

Dollar slides to 3-year low on report Trump plans to name next Fed chair early​

This articles above says it all. Since Trump took office, there is turmoil, political upheaval, uncertainty, as well as fear of inflation rearing up ahead (given that Gold is always the safe haven chosen when inflation goes up).

These FACTS (Gold doubling in price, and Dollar down to multi-year lows) means that Trump's actions are being seen much more of a negative to our nation than them being a positive.

This is not opinion but fact, given that money talks! This is not Democrats worrying (and crying) about Trump, but everyone scurrying to find ways to protect themselves against the consequences of Trump's actions!

And the sun rose here at around 6:30 this morning. Is Trump responsible? Is every POTUS since 1986 responsible for the $37T debt? Did Trump create covid and the ensuing democrat shutdowns? Did Trump throw the country into recession with adding ridiculous amounts of money into the economy while declaring war on the fossil fuel industry? STFU, I wonder if the Germans are getting royalties off of USMB this a.m. with all of the pretzel appropriation that is going on by the liberal leftists on this board.

 

[Meister]

Hahaha, I started my climb to economic success back in 1977 selling Gold to investors in the commodity market (high leverage), when Gold was at $197. It rose to over $800 in the next 3 years and I and clients

If that was true, you wouldn't be posting your ridiculous posts in this thread.

 

[Meister]

Trumpflation Homeless Nation
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Don't be stupid. You think you could get anyone to believe that all of your
very sketchy pictures has happened since Trump took office? Seriously?
By the way, if you really want to make a point, don't use "organic milk" prices
to make your claim.

 

[OhPleaseJustQuit]

Don't be stupid. You think you could get anyone to believe that all of your
very sketchy pictures has happened since Trump took office? Seriously?
By the way, if you really want to make a point, don't use "organic milk" prices
to make your claim.

.

I was paying $10 a dozen for top grade organic eggs in Western Washington, four years ago!

.

 

[The Irish Ram]

Gold has doubled in price, and the dollar has dropped in price to a 3-year low, and all of this happening since Trump took office in January of this year

The reason gold rose is because OBiden weakened the dollar. As more people and countries invest in America, the stronger the dollar will become, which will send gold back down in the next few years. When that happens, buy some...

 

[Luckyone]

The reason gold rose is because OBiden weakened the dollar. As more people and countries invest in America, the stronger the dollar will become, which will send gold back down in the next few years. When that happens, buy some...

When that happens?

I would say:

"if" that happens!

I doubt it. I have now said for the past 9 years, that Trump will put this nation back like no other president has ever done.

 

[Luckyone]

If that was true, you wouldn't be posting your ridiculous posts in this thread.

In addition, I worked for (and got trained by) Merrill Lynch and Pru-Bache as an analyst for the stock market and I was 1 (of 5) that handled the trading for the company (Pru-Bache) in the Southeast (each of us was handling over $2 million dollars in investing capital in the mid 1980's). To finish it off, I have had a subscriber service for investors in the stock market for the last 18 years and I have shown consistent success during that time, to the point that 5 of my original subscribers back in 2007 are still with me, paying $30 a month.

You think someone would pay $30 a month for 225 months if they were not getting consistent benefit from that?

You are the one that does not know shit. You fool yourself thinking you do, but you are mostly ignorant. It is a trait of most Trump supporters!

 

[Luckyone]

The reason gold rose is because OBiden weakened the dollar. As more people and countries invest in America, the stronger the dollar will become, which will send gold back down in the next few years. When that happens, buy some...

Gold has doubled in price while Trump has been in office. Under Biden (and when inflation got up to 9.1%) Gold went up from $1800 to $2100. Under Trump, it has gone from $2100 to $4100.

Your statement makes no sense.