Trump's interventionism sparks concerns over de-dollarization; Jefferies is optimistic about gold's safe-haven properties

Odaily Planet Daily reports that Jefferies economist Mohit Kumar stated in a report that President Trump’s interventionist regime could accelerate the de-dollarization process, weakening its status as the world’s reserve currency. He pointed out: “Under the new political order, countries will reduce their reliance on the US dollar as their reserve currency.” Kumar believes that the best way to diversify away from US dollar risk is to increase holdings of gold and bulk metal assets. (Jin10)