market watch 2026

Theodosius Dobzhansky: Nothing in biology makes sense except in the light of evolution. 2026-01-22: Gold=$4863, Bitcoin=89K, S&P500=6K9, Dow=49K Guess there’s been an ongoing diversification away from US assets after Orange2.0. Gold is used in two ways against fiat currencies (inflation) and US dollars (uncertainty). Besides trade war, there’s a capital war. “If there’s a military move, it has capital-war implication.” Ray Dalio said at WEF Davos 2026. “Fiat currencies and debt as a storehold of wealth are not being held by central banks in the same way,” Dalio said. “The biggest market to move last year was gold — far better than the tech markets.” ...

January 19, 2026 · 3 min · un01s