Nassim Nicholas Taleb, author of "The Black Swan": Gold is the new reserve currency

Wallstreetcn
2025.04.22 13:47
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Recently, the sharp rise in gold and the significant drop in the US dollar have formed a stark contrast, with Taleb declaring that "gold is the new reserve currency." On Tuesday, the author of "The Black Swan" posted that the so-called "Trump trade" has seen gold rise 35% against the US dollar, becoming the new reserve currency, as funds flee US assets. He also mocked Trump, saying, "I don't think anyone can destroy a country as quickly as Trump can."

Recently, the sharp rise in gold and the significant drop in the US dollar have formed a stark contrast, with Taleb declaring that "gold is the new reserve currency."

On Tuesday, the author of "The Black Swan" posted that the so-called "Trump trade" has seen gold rise 35% against the US dollar, becoming the new reserve currency, as funds flee from US assets.

He also mocked Trump, saying, "I don't think anyone can destroy a country as quickly as Trump."

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