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Parent Post: Dollar shitting the bed...
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baklava
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5/7/2025, 1:23:51 AM
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Do they not get real-time news in mainland china? Gold is already [selling off](https://www.bloomberg.com/news/articles/2025-05-06/gold-tumbles-as-us-china-trade-talk-optimism-saps-haven-demand). The paper dragon won't unseat the USA anytime soon.
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sacredcow
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5/7/2025, 12:03:16 PM
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Gold really doesn't have any impact on the dollar and its perceived value around the world. When America doesn't have the largest navy in the world any longer is possibly when the dollar loses value. But with that being said, some currency will have to replace the dollar and I don't see any currency taking that spot for a long time.
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