It wouldn't surprise me if Trump would devalue the dollar as a next monetary planning step.
That's just the anti speculation - strategy that central planning performs since 5 decades.
Goal is to keep currency values (all of the cooperating governments) within certain limits.
A first modern times - example case was
https://en.wikipedia.org/wiki/Snake_in_the_tunnel
Essentially this is a "degree" of (one could say a disguised) pegging several currencies together.
The current situation is:
- dollar on a 15 years high
http://finviz.com/futures_charts.ashx?t=DX&p=m1
- euro on a 15 years low
http://finviz.com/futures_charts.ashx?t=6E&p=m1
- yen on a 20 years low
http://finviz.com/futures_charts.ashx?t=6J&p=m1
- british pound on a 15 years low
http://finviz.com/futures_charts.ashx?t=6B&p=m1
Seen from this strategy, a near future (within Trumps term) dollar devaluation would be what is just to expect.
And also current situation: stock markets on decades record highs.
To me, it all looks like a Donald Trump-term "crisis" is what to expect.
Speculators try to avoid the currencies-based theft by the central planning and its interest groups.
We, are speculators, and those are our "enemies".
So, trying to see things from an enemies perspective, could be quite helpful in beating them.
Those that expect Trump to be different, may quite be disappointed.
They all talked about changes and they all made promises.
None held them, and they all were handed excuses to not do so.
It's a classical trick: one government entity blaming another government entity blocking it as an excuse for the promised to not happen.
They all say to oppose eachother. State divisions as well as political parties.
Yet, after elections they all did and will continue the same as they before elections so-called opposed, rendering the opposing to a played soap.
Imagine this had been Obama's second term, From aboves perspective, a same dollar devaluation would take place.
Also, it doesn't need an actual devaluation (as a direct measure) to change the dollars value, just some US side crisis triggering, It's dead easy for the central planning to orchestrate a crisis as a method to make owners of US denominated value assets, concern and flee to the bogus alternative sides, and just another decade(s) cycle will start.
All geared towards making currency owners lose part of their savings value, so that their in the future competing purchasing power waters away, allowing the central planning to maintain their studied inflation targets.
Cash may be king, but the kings term tends to be very short, and one need to be very lucky to frontrun the frontruns of the central planning and their interest groups' entities, that have big data avail at their hands.
Again current situation: which speculation allowing - market isn't frontrunned at the moment?
Can't see many.
Since a couple years, I collect secondhand stuff at giveaway prices. Costs me alot of time and work and will take alot further work to sell again, but the easiest things in life tend to come at a hefty cost. Especially true the zero sum situations that alot markets are these times.
About gold, all it takes to brings its price down, is some of worlds governments to switch back to net selling.
And they will do so as soon as their data indicates that their major enemies, speculators, prominently sell their 'physical', as to inflict them less dollars just like they inflicted speculators less ounces when they bought.
It's all a matter of ... time.