Economy
Gold surged to a new all-time high on 21 January 2026 as markets repriced rising geopolitical and macroeconomic risks. President Trump’s threats of new tariffs on European allies, alongside provocative rhetoric over Greenland and Canada, revived a “Sell America” trade, triggering sharp losses in US equities, Treasuries and the dollar.
Geopolitical
According to Bloomberg Reported, The leader of Greenland on Tuesday warned his people to prepare for a US invasion. And having reportedly conceded that he wants to annex the massive island in part for “psychological” reasons (a 1951 treaty already gives the US free rein there militarily), the 79-year-old US president further stoked outrage with a middle-of-the-night social media post alluding to his supposed desire to annex Canada, too.
