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FRANK26: "GOLD WILL CHANGE MANY CURRENCIES SOON.".......F26
Economist: Trump is changing the rules of the economic game through gold
1/26/2025
Economic expert Basem Jamil Antoine considered that the statements of former US President Donald Trump regarding gold reflect “a trend towards speculation instead of focusing on the industry.”
Antoine told {Euphrates News} that: "Trump's recent statements about resorting to gold in the economy may subject this process to speculation by major capitalists and influential people who head to areas of power and profit and convert gold into homes and real estate, away from industrial sectors and production that need a long time to build."
He added, "The ground from which Trump came is his original work as a speculator and he does not believe in industrial work and the main goal is to achieve profits and gain from the United States from gold, oil or weapons, and this is a non-industrial process."
Antoine explained that "industrialists have a long breath and Trump's breath goes to deals that achieve imaginary profits in a short period of time."
The statements of former US President Donald Trump about gold came in the context of his talk about global economic transformations.
Trump indicated that the US economy may witness a transformation if there is a greater trend towards using gold as an economic tool, instead of relying on paper currencies.
He considered that this trend may encourage major capitalists and investors to transfer wealth into gold and real estate, instead of investing in productive sectors that need a long time to grow.
Raghad
He added, "The ground from which Trump came is his original work as a speculator and he does not believe in industrial work and the main goal is to achieve profits and gain from the United States from gold, oil or weapons, and this is a non-industrial process."
Antoine explained that "industrialists have a long breath and Trump's breath goes to deals that achieve imaginary profits in a short period of time."
The statements of former US President Donald Trump about gold came in the context of his talk about global economic transformations.
Trump indicated that the US economy may witness a transformation if there is a greater trend towards using gold as an economic tool, instead of relying on paper currencies.
He considered that this trend may encourage major capitalists and investors to transfer wealth into gold and real estate, instead of investing in productive sectors that need a long time to grow.
Raghad
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