Aggressive tariff threats. Punishing historic allies. Disregarding Danish sovereignty. Perhaps in President Trump’s mind the ends justify the means.

This week, Trump’s high stakes push to acquire Greenland quickly escalated into a geopolitical hubbub. On Tuesday, Greenland’s Prime Minister Jens-Frederik Nielsen told authorities to start preparing for a possible military invasion.

Trump’s motivation includes security and control of the G-I-UK Gap (the northern Atlantic gap between Greenland, Iceland and the United Kingdom) and ownership of vast amounts of rare earth elements. These ambitions all fit perfectly within the framework of the Donroe Doctrine and the objective of asserting undisputed American supremacy throughout the Western Hemisphere.

Denmark, however, remains stubbornly resistant to these advances. So far, the big chill emanating from these frigid northern waters is being felt directly in the fluctuating value of the U.S. dollar.

Typically, when the world gets nervous, the dollar acts like a comfortable weighted blanket that everyone hides under for safety. But this time, that blanket has holes in it as investors grow tired of the extreme diplomatic posturing. Continue reading →