In my view, nothing is a coincidence. And the foreign countries like UK, Canada, Europe, Switzerland, Australia etc, and the shadow global gov’t, whoever it is, have been taking advantage of the USA for many decades.
So I have to assume they are totally against Trump and overriding the tariffs, with a strong Dollar to make their exports to the USA cheaper, and naturally put headwinds in front of gold, or it would be over $5,000 today.
Who really cares? Let them knock themselves out trying take wealth away from the USA. We already have a $40 trillion national debt, and we can’t afford to support them anymore.
https://finviz.com/futures/charts?t=CURRENCIES&p=d
And if you talk to the know nothing liberals, they are against the tariffs because they will have to pay more for imports. But meanwhile they don’t know about the stronger Dopey/Dollar.
When I got out of high school, EVERYTHING was made in the USA. All the prices were very high, and so were our paychecks. I had to pay a weeks pay for a US made calculator, and a WEEK’S pay for a US made vernier caliper with a dial on it.
Then suddenly the calculators and calipers were coming from Japan. They were one DAYS pay each. And they were just as good. It was the beginning of “feel good” bad drug habit that killed this nation, and will be very hard to reverse going cold turkey.
That was around 1970 when the imports slowly infecting us, and I knew it was going to be a bad thing for us. Back then I was making $2 per hour, making a new three year car payment and married, two kids and wife not working, even with all the “expensive” US made things.