As gold soars, the dollar sinks: Forbes warns US headed towards 1970s-style inflation nightmare
1. The dollar is weakening, potentially leading to future inflation. 2. Gold prices have soared, indicating market anxiety over the dollar's strength. 3. Tensions from tariffs are expected to slow down economic growth. 4. Fed's interest rate cuts might be delayed amid rising inflationary pressures. 5. Investor uncertainty could lead to a recessionary economy.