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Re: StockItOut post# 61337

Tuesday, 06/27/2017 5:20:59 AM

Tuesday, June 27, 2017 5:20:59 AM

Post# of 63744
Agree, miners moving up here.....thanks.

The dollar and gold.
I have previously posted that Trump has complained to Japan and Germany. He has said that these exporting countries are deliberately pushing their currency.
For him, this was the explanation for a too strong dollar and the US trade deficit. If he gets support on this point then it can be that the US weaken the dollar.
Especially the euro and the yen would then rise. Despite zero interest rates.
In this scenario, so it comes, I can imagine a strong gold price.
Gold would be attractive to these countries with stronger currency.
The general stock exchange would not benefit there.

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