Commodity Trade Mantra

Posts Tagged ‘President Trump’

Will Gold Trump Politics In 2017? Prospects for Gold Investors in a Trump Economy

What is Trumponomics? And do you think it’ll be bullish or bearish for gold? If Trump thinks China is keeping its currency too cheap & he’s going to do something about it, that means the dollar is going to get cheaper which is usually a tailwind for gold. The dollar price of gold is simply the inverse of the strength of the dollar, So, weak dollar usually means a higher dollar price for gold.

US Dollar Headed Significantly Lower with Lower Highs & Lower Lows

Lower highs and lower lows mean one thing — a downtrend. That’s what the US dollar is in now. This downtrend is happening despite anticipated rate hikes. So maybe ask yourself, what if the Fed doesn’t hike rates? What will the US dollar do then? We’ve had some good news on consumer confidence and manufacturing. But that’s the icing on a pretty disappointing economic cake.

India's Obsession & President Trump to Boost Gold Demand

The return of physical gold demand in India after two successive droughts is a huge cushion for international gold prices and with the ongoing wedding season and the upcoming list of festivals, the prospect of a further rise in gold demand looks bright. Appreciation in the Indian rupee has come as a blessing in disguise for buyers who were postponing gold purchases.

Replace US Dollar With Gold As Global Currency & Make America Great Again: Trump

Mr. President: “No such thing as a global currency?” The dollar is the global currency. Want prosperity? Heed Chairman Greenspan and do not just view but restore “gold as the primary global currency.” President Trump: replace the dollar with gold as the global currency to make America great again. We have the gold.

Silver Prices Hold Regardless of Dollar Strength - Dips will be Well Supported

The fact silver prices have managed to accelerate higher while the dollar has been strengthening is noteworthy. With base metals generally rallying too, it looks as though silver is attracting industrial buying. A show of dollar strength may act as a headwind, so we would not be surprised to see prices consolidate at lower numbers; but we expect dips will be well supported.

Is Trump Bad News for Gold? The Prospects for Gold under President Trump

Trump or not, the fundamental problems remain deep seeded in the US economy. “Draining the swamp” and “making America great again”, are easier said than done. This is why a serious investment into gold is for the long haul. Look beyond the short-term speculations & projections. Its clear that conditions will not be favorable either way & things appear increasingly dismal.

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