Summary
Trump’s trade war and disengagement from global trade is effectively ‘America's Brexit'.
For pound/dollar, ‘America’s Brexit’ will cancel out ‘Britain’s Brexit’.
Hence, a new structural position is long pound/dollar with a price target of $1.60.
Investors will also switch out of the ‘fiat’ dollar into ‘non-fiat’ gold and bitcoin.
But given bitcoin’s market value is less than one tenth that of gold, bitcoin has considerably more upside...
...with our price target at $200,000+
