Goldman Sachs issued a report on Tuesday that the U.S. dollar is in danger of losing its status as the world’s reserve currency, which has made people increasingly worried about inflation in the United States. Goldman Sachs strategists said that the U.S. Congress will complete another round of fiscal stimulus measures to deal with the economic crisis caused by the epidemic, and the Fed has expanded its balance sheet by about $2.8 trillion this year. U.S. policies will trigger “worries about currency devaluation.” That may end the US dollar as the dominant force in the global foreign exchange market. Goldman Sachs’ strategists said, “Gold is the last safe-haven currency, especially in the current environment where the government is devaluing the legal tender and pushing the real interest rate to the lowest point in history. There is a real sense of the life of the U.S. dollar as a reserve currency. Worry.” Goldman Sachs analysts are not sure that this will happen, but it seems to confirm the current situation of the gold market this month. On July 13, Chain Wen reported that as investors flocked to safe-haven assets, the price of gold soared. , Reaching a nine-year peak on July 7, reaching $1,818 per ounce. Throughout history, gold has generally been regarded as a safe-haven asset, and will usually perform well when other currencies or commodities do not perform well. One of the reasons for the soaring gold is the safe-haven demand caused by the new crown epidemic and economic and trade wars. According to Ray Dalio, founder of Bridgewater Associates hedge fund, investors prefer stocks and gold to bonds and cash because of the existence of government-printed banknotes and negative-yield bonds.