An interesting future for gold indeed, as gold is sensitive to every hiccup in the world, and Mr. Trump is promising to shake things up everywhere. His focus is extremely money-centric. Lower taxes, trade re-negotiations, massive infrastructure spending, military spending, and deregulation.
It all adds up to widening deficit and more inflation.
Even higher federal interest rates will seem moot as burgeoning debts steal the limelight.
I cannot deny the unpredictability of Mr. Trump. Unpredictability means gold volatility given the subject of his interest. Such volatility will scare some away, but bring in new blood too.
The Spreading Bondfire And The Rising Price Of Gold - By Daryl Robert Schoon November 22, 2016 0 Today’s rising interest rates and trillion-dollar losses in global bond markets are prelude to what is to come, i.e. rising inflation with higher interest rates ending in the bursting of the global government bond bubble and the long awaited breakout of gold.
An interesting future for gold indeed, as gold is sensitive to every hiccup in the world, and Mr. Trump is promising to shake things up everywhere. His focus is extremely money-centric. Lower taxes, trade re-negotiations, massive infrastructure spending, military spending, and deregulation.
It all adds up to widening deficit and more inflation.
Even higher federal interest rates will seem moot as burgeoning debts steal the limelight.
I cannot deny the unpredictability of Mr. Trump. Unpredictability means gold volatility given the subject of his interest. Such volatility will scare some away, but bring in new blood too.