"Trump 2.0", why is bitcoin skyrocketing while gold is plummeting.

Analysis suggests that 'Trump 2.0' may lean towards a 'small government' ideology, reducing government intervention and avoiding expansionary fiscal expenditures, which is bullish for bitcoin as a 'decentralized' asset. This cautious fiscal style also suppresses the safe-haven properties of gold, weakening its attractiveness as a hedge asset.

wallstreetcn10:39

Is gold bearish? Reports of Trump inviting trade hawks back to lead as the United States trade representative.

The Trump effect has prompted gold traders to take profit, with the world's largest gold etf experiencing the largest weekly fund outflow since 2022.

Golden10 Data08:36

Goldman Sachs: The market is in a reflation mode, continuing to be bullish on gold!

Goldman Sachs strategists believe that replacing the bond portion of the 60/40 investment portfolio with gold and european bonds is advantageous.

Golden10 DataNov 11 22:42

Gold and silver continue to fall, with gold down nearly $40 in the short term!

The analyst pointed out that the main reasons for the decline in gold prices are the strengthening of the US dollar, the rise in US bond yields, and an increase in financial market risk appetite.

Golden10 DataNov 11 22:14

What are the signals indicating the peak of the gold price?

According to historical experience, the core factors influencing the peak of gold prices are the contraction of the fiscal deficit in the usa (affecting the medium to long-term trend of gold prices), with secondary factors being the trend of the 10-year US Treasury bond yield (affecting the short to medium-term trend of gold prices), while short-term geopolitical pulse changes and other short-term factors usually cannot be used as signals for the peak (affecting the short-term trend of gold prices).

Zhitong FinanceNov 11 19:34

Wall Street is bearish on gold this week! Will the price of gold test $2500?

Analysts pointed out that after all major events come to an end, the price of gold may struggle for a week.

Golden10 DataNov 11 17:44