According to ChainCatcher, BitMEX co-founder Arthur Hayes wrote: "The era of U.S. Treasury bonds (and to a lesser extent, U.S. stocks) as global reserve assets is coming to an end. Since Nixon decoupled the dollar from gold in 1971, the total U.S. Treasury debt has grown 85-fold. The United States had to create credit currency that matches global economic growth. This is beneficial to some Americans and detrimental to others. Trump's election was driven by groups who believed they did not share in the 'prosperity' of the past 50 years.

Once the U.S. current account deficit is eliminated, foreigners will not be able to obtain dollars to buy U.S. bonds and stocks. If countries begin to turn to 'national priority' policies to boost their own economies, they will sell their U.S. bonds and stocks to obtain local currency liquidity. Even though Trump later softened his tariff stance, no treasury secretary or head of state dares to bet that he will not change his mind again. Therefore, the world cannot return to its previous state. Every country must fight for itself.

Gold will return to the stage as a neutral reserve asset. The U.S. dollar will still be the global reserve currency, but countries will settle global trade by holding gold. Trump has already hinted at this because gold is tariff-free! In the new monetary system, gold must circulate freely and at low cost.

Today, those who have benefited immensely from the old system are mostly in denial, immersed in a fantasy that everything will eventually return to 'normal'. Absolutely ridiculous.

Those who want to adapt to the global trade order before 1971 should buy gold, gold mining companies, and Bit (BTC).