Gold and bitcoin would go parabolic on the insane debasement implied by new government handouts. President Trump said every US adult will get a $5,000 dividend payment if Republicans win the House and Senate, which would add another $1.35 trillion of debt. x.com  x.com  x.com  x.com 

Bitcoin stands to benefit from a US fiscal trajectory that keeps moving one way regardless of who controls Washington. Per Kalshi, US national debt is forecast to reach $48 trillion under Trump, about $12 trillion of new debt in four years. That backdrop makes it hard not to be bullish on Bitcoin. x.com 

The US dollar will keep dominating until another nation becomes a world power. @CryptoTeca__ notes that 98-99% of the roughly $310-315B stablecoin market is dollar-denominated. x.com 

The dollar's longer-term prospects are very negative: 2008 showed the dollar-based system was built on quicksand, and 2026 showed the US has lost its leadership of the Western-oriented world. Both are very positive for gold. First, though, the dollar might rise on a flight to liquidity. x.com  x.com  x.com 

The US dollar looks set for a multi-year bear cycle because a multipolar world needs fewer dollars. Reserve managers are diversifying, trade settles in more currencies and central banks accumulate gold instead. Against an equally weighted basket, the dollar's half-century sequence of lower secular highs is topping again on its 7-to-10-year cycle. Every major commodity bull of the past century ran alongside a falling dollar, which could also bring a second inflation wave. x.com 

The US dollar is likely to hit a record against the Indian rupee, at about 100 rupees per dollar, as the oil crisis continues. x.com 

The dollar's global role is at risk as Washington uses the threat of removal from the dollar system as a cudgel over minor issues. Treasury Secretary Bessent said any airport or company that serves Iranian airlines will be knocked out of the dollar system. If and when the dollar falters, crypto-based settlement will become a major global standard, and most investors are under-allocated to it. x.com 

The US dollar index may extend a little further to 105.8 before heading down to 93-95, following the same playbook as before Trump's election, when it was searching for macro exit liquidity and then fell after he took office. As in late 2024, when crypto rallied while the dollar climbed, bitcoin could reach $90,000-100,000 before the midterms with the DXY near 105.8. Longer term, a world moving toward stable peace would reduce safe-haven demand and weaken the dollar. x.com 

The US dollar gets a tailwind from Japan's yen intervention, which @zerohedge says comes at a perfect time for the dollar. x.com 

The US dollar faces debasement because papering over the debt burden requires destroying its purchasing power to reduce debt-to-GDP. With no new buyer for US debt, bond rates will keep climbing: debt is $40 trillion versus $5 trillion in 2007, with a $2 trillion annual deficit and debt at 123% of GDP. Getting rates back to 2.5% would require a complete financial reset that destroys the dollar and inflates debt away; otherwise rates will climb to 6-9% in the short to medium term. x.com  x.com