Trump will likely try to pressure the Fed to bring rates down more aggressively. While lower rates might stimulate the economy, they also risk putting upward pressure back on inflation.
ETF gold holdings globally increased for the sixth straight month in October. Big flows of gold into North American and Asian ETFs offset outflows from European-based funds.
As the U.S. faces the aftermath of a Trump victory, sound money principles may take a backseat to politically expedient choices, especially at the federal level.
The rush to sell gold and silver might be a bit premature for a few reasons, including the ever-growing national debt driven by the fiscal train wreck in Washington, D.C.
The world is starting to look like it did in the 1930s. We’re heading towards World War III. Securing your assets is important, but physical safety is critical.
The action in gold and the dollar is consistent with what is happening in the bond market. The price action in all three is contradictory to Fed attempts to lower interest rates.
