It can no longer be used as an intermediary to make universal equivalents our transactions.

Since the end of the Bretton Woods system, the dollar has not been linked to gold.

On the contrary, when the dollar status is threatened, the United States will suppress the price of gold.

Because he wants the international community to use the US dollar as its main reserve asset and hold the US dollar instead of gold.

Gold has plummeted twice before, both of which were instructed by the US government to do by Wall Street bosses.

However, after the US financial crisis in 2008, the US dollar was damaged and its international status plummeted, so the demand for gold was naturally in short supply.

But Wall Street can no longer be suppressed, because now Wall Street is seriously damaged, and its assets can no longer compete with so many international assets.

But because of this, both the dollar price and the gold price have risen, instead of the unilateral plunge of the dollar, the gold price has risen.

The main reason is that international buyers have to hold dollars before buying gold, which leads to a great increase in demand for dollars. It is natural for dollars and gold to rise together.