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Analysts are warning about the potential decline of the US dollar's dominance, raising concerns about wealth and investments tied to a weakening currency. The focus shifts from account balances to purchasing power. Mexico, a key trade partner, has begun de-pegging from the US dollar, and Saudi Arabia is considering accepting other currencies for oil, signaling significant changes in the monetary system. These developments suggest that financial institutions may be moving their resources into gold while encouraging individuals to keep their money in banks and markets. Lynette Zhang, Chief Market Analyst, aims to explain these trends and empower individuals to safeguard their financial interests.
