The U.S. dollar has surged because the U.S. unemployment rate has dropped, the employment situation is good, and expectations for U.S. dollar interest rate hikes have increased in the future, so the U.S. dollar has surged. The relationship between data such as the U.S. unemployment rate and gold is very complicated. As the unemployment rate decreases and the economy improves, the demand for gold increases. However, rising expectations of U.S. interest rate hikes make the U.S. dollar appreciate, and gold falls. This is the result of a market game, whichever aspect has greater motivation. I don’t advocate fundamental analysis. In today’s complicated financial environment, I buy your bonds, and you use the bonds I sold you as collateral to go public and trade. Even Goldman Sachs cannot see through such a complicated relationship at a glance. Great relationship.
What about us?