The current decline in the US dollar is just a part of the long term US dollar decline story. Germany has decided to include the Chinese Yuan in its basket of foreign exchange reserves. Other nations will follow soon. Migrants have made Eurozones economic fundamentals very strong. Migrants will ensure that the Eurozone continues its strong economic growth over the next few years. Nations will be forced to reduce investment in US treasuries and also reduce the US dollar portion of foreign exchange reserves. Gold will get the benefit of global political churning.
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