Trump's strategic retreat in EuropeListen to this articleIf anyone wonders why gold prices have surged past $4,900 and silver has touched $90 per ounce, the answer lies in Donald Trump's appearance at the World Economic Forum in Davos this week. Yet Trump didn't back down, referencing Venezuela where the new government immediately struck a deal after a show of American force. This is perception management: calming markets short-term while maintaining pressure on Europe. Trump could assert tariffs are negotiating leverage if the court accepts this reasoning in the landmark case it is now deciding. Trump's deal-making involves: start with high demands (seizing Greenland), demonstrate strength (invade Venezuela), use economic tools (tariffs), then negotiate for special rights without using force.

Source: Bangkok Post January 24, 2026 00:22 UTC