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The US dollar is suffering gravely at the moment, hitting its lowest in terms of its valuation and worth. The currency evolution has hit USD hard, with Trump’s fierce tariff policies adding more to the rising de-dollarization narratives. That being said, the US dollar is now losing its prestige gradually, shedding value, and at the same time, documenting a pivot of investors and countries dumping the US dollar for other alternatives. If this development continues, will the US dollar be able to survive it all and live to tell the tale? Also Read: How the US Dollar Can Maintain Its Global Supremacy The USD Is Plunging, And It’s Not Normal. Source: Freepik.com Per a recent post by Koyfin Charts, the US dollar is currently down 8.9% in a year, which is a depressing development to document at the moment. The currency has lately been hit from all sides, battered by Trump’s tariffs that have partially revived the de-dollarization agenda. Trump’s tariff policies have lat...

The US economy is currently standing at the precipice of a massive change. With Donald Trump assuming the reins of the White House, alongside Elon Musk, the US economic demographics are subjected to a complete overhaul, with measures being implemented to bolster the US economic infrastructure. That being said, Musk is already planning to implement two noteworthy developments that are fierce in stance to strengthen the US infrastructure. Will these measures help alleviate the mountain of US debt that the nation is battling as of late? Let’s find out. Also Read: Tesla to Get $400 Million Boost from U.S. Gov’t Amid Major Budget Cuts—What’s Next? Musk Is Planning To Go Grand Source: Money.com Elon Musk is planning to go grand in his next set of D.O.G.E strategies. Now that Musk is officially heading the Department of Government Efficiency, or D.O.G.E., he is now headlining a new task, which includes reducing the crushing pressure that the US economy is handling as of late. For this, M...

In a message that certainly reaffirmed his commitment to the sectors, President Donald Trump says the US will become the “World Capital” of both AI and crypto. Speaking at the World Economic Forum, the 47th United States President also ensured the nation’s steps to become a “manufacturing superpower” once again. Although Trump has long expressed his belief in cryptocurrencies, his embrace of artificial intelligence is a recent development. In his early days returning to the Oval Office, he announced a $100 billion AI initiative. The joint venture called Stargate will see the country invest heavily in becoming a global leader in the emerging technology. JUST IN: President Trump says the United States will be the "world capital of artificial intelligence and crypto." pic.twitter.com/1xWPFpQ0Fh — Watcher.Guru (@WatcherGuru) January 23, 2025 Also Read: Donald Trump to Designate Cryptocurrency as a National Priority Trump Promises US Will Be “World Capita...

The world is now inching towards a new currency narrative. With the multipolar world taking over, the US dollar currently stands at a lethal threshold. In this wake, a new country has joined the growing list of nations ditching the US dollar, adapting the local currency concept with considerable ease. Also Read: Currency: Iran Calls For Unified Currency System To End US Dollar Ditching The US Dollar: A New Trend? Image Source: Pexels The US dollar has enjoyed decades of global prestige and supremacy. USD enjoys being crowned as the world’s reserve currency, ruling over the global economies. With the multipolar currency world taking over, calls are intensifying to prioritize local currencies, smashing away USD’s global repute. New nations are now coming forward to declare their intentions to move away from the dollar, adding more pressure on the USD. Afghanistan, a leading nation has now joined hands to ditch the US dollar, by conducting bilateral trade with Iran in local currency. Bo...

Gold has indisputably become one of the biggest assets to trade in, leaving the US dollar in bits after its recent price hike. XAU is currently trading at the $24k price mark, with predictions signaling its rise to $2,900 very soon. With consistent GOLD price spikes, the US dollar is now losing its global dominance inch by inch. The swelling debt numbers are also eroding USD prestige, catapulting GOLD to new price levels. With eccentric dynamics at play, what lies ahead for GOLD and USD? Let’s find out. Also Read: Stock Up Gold: XAU To Hit $2,900 By August 2024, Expert Predicts XAU Becomes the Second Largest Asset Held in Global Banks Source: Freepik.com Per a recent assessment done by The Kobeissi Letter on X, the global central banks are heavily focused on piling GOLD . This has had a significant impact on its price and valuation. Per KL, GOLD ’s share in international reserves has skyrocketed to 17.6%, which is dubbed a massive surge in the last 27 ye...