We really need to think about getting out of USD/US asset and buy gold/silver now due to constitution crisis

We have been debating whether this is a financial crisis for US, then we start to discuss whether this is a currency crisis, and now we need to discuss whether this is a constitution crisis. Today, Trump rejected the ruling from the superior court to bring back a US citizen and discussed to send more US citizens to El Salvador.

This may seem to be another thing we can laugh at, but it is not. This throws out an important assumption that we have: nobody is above the constitution. The constitution protects our safety, our property, and our rights, but it is no longer been enforced.

This means Trump may start using unimaginable methods to push his agenda, including revoking license from CBS, closing down companies, removing China stocks from U.S. market or any stocks he doesn’t like, fighting a war on Iran and any action that may save his face.

This injects additional uncertainties into the stock market, the bond market, and the trust in USD. EUR, JPY, CNH and their related stocks may not be safe in the near term either, since he can easily slap a 25% tariff on Japan or Europe. I am planning to shift a bit more position to gold, silver, platinum and palladium, and hold my FXI positions for now and wait to see this developing.

I can’t believe 10-year yield actually dropped today to 4.36%.