The dollar has been gaining against major non-BRICS currencies and falling against BRICS currencies, adding to US inflation and increased raw material cost for American industry that require non-dollar denominated imports. Since the election, the US$ has been stable against major non-BRICS currencies and gaining since Latin American interventions in recent days. However, Euro and Japanese Yen are still under pressure, which is likely to worsen if overspend and support for a lost war at unsustainable levels continue while the local economies in Europe are in a tailspin.
Gold has been appreciating in value over the 9 months prior to the US elections to the tune of 28%. Overall indicating little confidence in US foreign policy to wanting to resolve current conflicts peacefully. Recent noise about not coming back to a more reasonable stance in some conflict areas has also increased the price of Gold to a new peak of $4,630 an ounce (current $4,600 per ounce), over 21% for the last 6 months and as the messaging for all-out war between NATO and Russia increase so does the price of gold.
Europe and NATO countries escalating conflicts and preparing for a physical World War III will further reduce the value of the Euro especially against gold-based and natural-resource based currencies.
The only conclusion can be that US (US$38.2 trillion), Europe (€15.5 trillion) and UK (US$3.8 trillion) are so hopelessly in debt that the only way they believe they can consolidate themselves is to take it from other nations like Russia, India, Africa and China rather than curbing their unsustainable exuberance.
Bitcoin
The future of Bitcoin will be that of any Ponzi-Scheme, as long as more people invest into the illusion as there are people wanting to take their investment out of Bitcoin it will appreciate in perceived value. However, as soon as the volume of people taking their investment out of bitcoin overtakes those that want to further invest into the illusion, it will collapse.
On conception Bitcoin was meant to be a way of storing your bitcoin outside the control of a state or bank and use it as a worldwide value exchange mechanism.
This effort was thwarted by the big banking lobby in all of the significant countries. By adding unfair taxes and criminal charges if an individual other than a bank were to execute transfers without declaration, the necessary licenses and taxation.
This is why today Bitcoin is merely a Ponzi-Scheme if you use it as an investment. Any moneys paid to people or organizations selling Bitcoin does not add to the value of bitcoin but is lost (to the sellers). Bitcoin is only backed by its speculative value - the sellers have no obligation to buy your Bitcoin back.