This week's market logic is completely chaotic. On one side, gold is approaching 5,000 dollars, silver has surpassed 100, while on the other side, the dollar has recorded its worst weekly drop since April of last year, and Bitcoin has fallen below 90,000 dollars.
Behind this disorder, the issue is actually a lack of trust. On the surface, U.S. stocks are still rising, but funds are actually flowing towards Europe and Japan, and even the largest pension fund in Europe has begun to significantly reduce its holdings of U.S. Treasuries.
What makes the market even more uneasy is that the U.S. is directly threatening to cut off Iraq's dollar supply to counterbalance Iran. This tactic uses the "dollar settlement power" as a weapon, breaking a certain civilizational understanding, leading to the dollar being sold off, while safe-haven assets have reached their peak.
Next week, the Federal Reserve's decision is approaching, and Trump's new chairperson candidate is also full of uncertainties; all uncertainties are concentrated and erupting at this moment. It seems that the market may need a real shake-up to calm this noisy world down. #BTC
