I took about €1m out of US stocks around the same time. It's cost me but I sleep OK

As a corollary, all these new deals working away from the US are waters lifting all boats, while the isolationist US sinks. Trump may be the best thing to happen to the world economy in a hundred years, at the expense of the US economy.

A year ago I moved my pension from a combination index fund consisting of mostly US company ran index funds to a different combination index fund that consists of mostly European ran index funds (and had a slightly less American stocks in it). Complex pension system, most index pension funds ran by our banks here consist of 5-6 different index ETFs. It's a special category of fund that you invest into automatically each month from your taxes, and the government also contributes too. This is deducted from your taxable income and you pay reduced income tax on it when you retire (or maybe it was no income tax, I forgot)

Now I moved out of the bank-composed index fund altogether and in the month of May (you can only move funds 3 times a year on predefined dates and have to plan it well in advance), the existing monies will be reinvested in a selection of ETFs I selected to specifically have no US stocks. As for fund managers, I have a tiny bit in one iShares fund and one WisdomTree one because they were a bit unique (the WisdomTree one is Europe defense industry), but the rest is all Amundi, which is French. Any new deposits are already going into my selected ETFs.

If Trump truly fucks up the US economy and the US dollar, my retirement fund should be fairly safe after this move is complete. Unless Europe and Asia also crash and burn. But I have a few decades left to build more value anyway, I'm 30 and won't be able to retire until at least 65 (the retirement age was set to rise gradually so the later you were born, the older you'll have to be to retire, yaaaay)

Trump is going to replace Jerome Powell with some asshole who will cut interest rates and vastly increase money printing. And, most countries are moving away from using the US dollar in trade, down by 10% just in 2025.

They're dumping the USD on purpose. But they're going to get more than they bargained for.

That's not investing, it's gambling. Might as well sports bet.

Define "American propaganda platforms"

What is it and what type of returns are you seeing?

Paper gold would suffer from the exact same problem as all other fiat currencies - it would be entirely backed by trust on somebody or some institution and hence could collapse if that trust was abused, same as it seems to be happening with the USD as the US Administration abuses the trust placed in them which amongst other things backs the value of that currency.

The thing with actual physical Gold is that one can't just print more of it and after millennia its stores are spread out all over the World thus there's no one single major owner, so its pretty hard to manipulate (the closest to it, funny enough, is manipulating Gold Futures - i.e. paper - though that only seems to work for inducing short-term market movements that end up naturally corrected).

IMHO people would be better of spreading their savings across a basket of geographical locations and currencies than using paper gold.

Oh yeah I remember that time well! I signed up for a job with a UK company (I'm french) and just lost 10% salary overnight :'(

Yeah, Gold price in EUR right now is well above the all-time-peak from 2 weeks ago.

Thanks, I didn't know it increased that rapidly. However, I still think some people was buying gold after they saw that it increased a lot and they could have lost money.

how?