President Trump said the U.S. wouldn't use force to acquire Greenland and was seeking negotiations on the acquisition of the territory, repeating his claim that only the U.S. is capable of defending it.
In an address in Davos, Switzerland, he said the reason the U.S. needs to take control of Greenland is purely for security and has nothing to do with access to minerals.
He opened his speech by saying Europe wasn't heading in the right direction, adding that “certain places in Europe are not recognizable” and criticizing the region's approach to energy.
He also touted the successes of the U.S. economy, saying it was in the midst of the “most dramatic economic turnaround in history.”
The speech came on the back of raised tensions between the U.S. and Europe over the president's designs on Greenland, a semiautonomous territory of Denmark, with terse exchanges between officials at the Swiss gathering.
Stock futures edged higher, while gold kept rallying.
It’s going to be a good year. Market like stability and less so with uncertainty.
DCA is the name of the game.