Dollar devaluation versus gold: 60% move

Today, the Macro Minute tackles whether the AI trade is truly over—and why the answer is a resounding no. Darius explains how Paradigm C and the early steps into Paradigm D continue to fuel AI investment, capital-market buoyancy, and liquidity support. He breaks down the geopolitical catalysts pushing gold and precious metals to new highs, highlights the risks of crowded bullish positioning, and revisits the startling reality that the U.S. dollar has been devalued over 60% against gold this year.