Trump calls the golden rule "Gold price breaks through $3380", another case of market manipulation?

Encouraged by former U.S. President Donald Trump's strong pro-gold messages on his social media platforms, coupled with an influx of safe-haven buying, international gold prices surged more than 2.2% on Monday, breaking through the $3,400 mark. (Synopsis: It's time for EVM to quit!) Vitalik's proposal to switch to RISC-V, ZK proves that performance can be improved by more than 100 times) (Background supplement: Paradigm CTO fever Ethereum needs a new language, Sui founder shot back: Solidity and EVM 2018 have problems) With the risk aversion of Trump's tariffs, the international gold price continued to rise today (21), rising more than 2.1% in a single day, hitting a record high of $3397 an ounce, and the market believes that today's increase seems to be the same as former US President Downer A "strong message" about gold posted by Donald Trump on the social platform Truth Social is closely related. The golden rule of negotiation and success: whoever has gold sets the rules. The Golden Rule Of Negotiating And Success: He Who Has the Gold makes the rules This post is mainly a strategy to announce U.S. tariffs to the world, "the one who has the cards is the winner", but the outside world has different interpretations, many Wall Street gold bulls began to quote this post, in order to show that Trump will make the United States a country that supports gold assets, but more netizens are beginning to question, This is another case of Trump operating the market: "We should check whether the whole family and Trump have been trading gold recently." Gold has hit an all time high after Trump said: He who has the gold makes the rules pic.twitter.com/LjrQ9Fh86u — unusual_whales (@unusual_whales) April 21, 2025 Safe-haven demand surges: the dollar plummets The explosion in demand for gold prices may be related to another key factor, the decline of the dollar, the current dollar against the euro has reached a new low in a year in recent days, the United States has a rare decline in U.S. stocks, U.S. bonds, and the dollar, which is like the world economy is getting out of the control of the dollar system, and Trump's recent threatening remarks against Federal Reserve Chairman Jerome Powell in his position at the central bank. It also adds to market uncertainty. And the stock market data shows that over the past 25 years, whenever the global stock market (in the case of the S&P 500 S&P 500) has experienced significant stress, gold has always performed well, such as during the 2008 global financial crisis, the S&P 500 index plunged 57%, while gold prices rose 39%; At the beginning of the pandemic in 2020, US stocks plunged 35%, while gold rose 32%; Against the backdrop of the current trade war, the S&P 500 has pulled back nearly 20% from recent highs, while gold prices have risen more than 25% over the same period, demonstrating its safe-haven power. After gold reaches new highs, bitcoin often rises after a period of time, just as bitcoin has become a safe-haven secondary asset recognized by the market. Short-term outlook: focus on three key variables The short-term trend of gold and bitcoin depends on the progress of tariff negotiations between the United States and China, the political uncertainty of the US Federal Reserve Chairman Jerome Powell, and finally the direction of the US dollar, which may affect and pull each other, such as the weakening of the US dollar in favor of the rise in the price of gold denominated in US dollars. Among these three factors, the most predictable is the weakening of the dollar, Trump mentioned at a White House press conference that the decline of the dollar is not necessarily a bad thing, because it will make the cost of dumping by trade manipulators higher and the competitiveness of US exports stronger. As for the other two factors, depending on how Trump's comments are observed in the later period, there are still great uncertainties, and if this uncertainty is eliminated in the future, it is likely to usher in a wave of sharp corrections. Related reports Gold soars to new highs" historical statistics: Bitcoin will usually follow up in 100~150 days Gold hits a new all-time high! Market "capital hedging" Trump's global tariff war, oil and U.S. debt volatility intensified, rich dad shouted: early warning that a crash is coming! It's not too late to buy bitcoin, gold, I'm sure BTC will exceed $1 million in ten years 〈Trump shouts the golden rule "gold price breaks through $3380", another case of market manipulation? This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Blockchain News Media".

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