Global Tariffs, Gold Surge, and a Loss of Faith in U.S. Leadership Weaken the Dollar
PatriotR Daily News 08/11/25
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Learn from this investor’s $100m mistake
In 2010, a Grammy-winning artist passed on investing $200K in an emerging real estate disruptor. That stake could be worth $100+ million today.
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US NEWS
Global Tariffs, Gold Surge, and a Loss of Faith in U.S. Leadership Weaken the Dollar
Gold futures hit a record $3,500 per ounce after news that Switzerland’s gold exports will face a 39% U.S. tariff, part of a sweeping wave of trade penalties targeting former allies and major economies. Macquarie’s Thierry Wizman says the dollar’s 9.4% year-to-date drop reflects a growing global “loss of faith in U.S. leadership,” fueled by President Trump’s push for a weaker dollar and aggressive tariffs—50% on Brazil and India, 100% on semiconductors, and more. The escalating trade tensions risk driving BRICS nations and others closer together to reduce reliance on the U.S. dollar, while even neutral nations like Switzerland may pivot toward the EU to ease trade pressure. Markets reacted with modest gains in U.S. and European equities, while Bitcoin climbed to $116.5K. Read More.
US NEWS
Map Reveals Safest and Most Dangerous U.S. States in a Nuclear Blast Scenario
As World War III fears grow, a new Newsweek map based on Scientific American data models the radiation exposure risk from a nuclear strike on U.S. missile silos in the heartland. States such as Montana, Wyoming, Colorado, Nebraska, South Dakota, North Dakota, Iowa, and Minnesota face the highest danger, with exposure estimates reaching lethal levels above 8 grays. In contrast, parts of the East Coast and Southeast show much lower exposure levels, under 0.5 grays. Experts caution that while some regions may face less immediate risk, no location would be completely safe from fallout, contamination, and long-term radiation effects. Read More.
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