So, now it is weekend and after a very volatile week the goldprice is resting after a hard pushback.
With this posting i want to share with you another point of view. Lets call it the "Trump-view". It is possible to analyze economic with stats,numbers and so on. But it is possible too to gain information with a switch/swift in point of view too.
The election caused many questions for investors. Is there something that will change? And will it be good for gold? Is Trump fighting the establishment, and did the establishment really lost with that election?
Trumps promises are easy to tell: He will bring back wealth for the "trash", he will make america great again, strength the american economy, will rule in the name of american people and drain the swamp in washington.
After three/four days, we can make here a very clear statement. No, nothing will change!
Why?
The first eyebrow raising: He suddenly is full of respect for hillary and nice words - before he called her criminal,corrupt and that she must! go to jail and if he is president, he would make an investigation against her. Of course, there never will be one.
The second eyebrow raising: Steven Mnuchin. Minister of economy by the wish of Trump. A man of Goldman Sachs and a very close partner to George Soros - who was shown in Trump clips as a criminal,corrupt part of the swamp. Oh boy, what a change - i always asked myself, when in hell a guy of Goldman Sachs would be part of goverment - thats so new, a real revolution! :-D
Round about 4000 jobs in Washington will get a new position owner. Mostly to Goldman Sachs, Walt Disney, Verizon,Aetna, Koch Industries. And here again - what a revolution! So new.... :-D
Other candidates for trump goverment: Rudi Giulliani, Newt Gringrich, Chris Christie. The absolute republican part of the establishment, Trump is fighting against so hard ... :-D
Another very nice point - The known friendship between Clinton and Trump. Because they havethe same social surrounding - like Jeffrey Epstein and so on.
But here, one more point: He said as elected president, they must strength the american army, because they are too weak and strength the secret securitys,because they were to weak.Ok, the US dont have a weak army, and no weak security service. But a nice way to sell the people the industrial-military-complex way. By the way - sp cheap, but it works :-D
And all that, because "we must know, what the hell is going on there" (syria,iraq and so on). Yes, of course, the US don`t know whats going on there - nice joke :-D
But why was the establishment media against trump? They never were against him. That hole was part of the big Show called election. They played their part in creating the Trump Image. They are the MAIN PART of that Image, becouse of the way they presented him.
What does that mean for gold? That nothing will change! Absolutly nothing! All the Bubbles are still there, all the debt is still there, the establishment power in washington will continue straightly, like before. Nothing has changed! Nothing!
The only new thing, that people really think and believe, something changed. That it was a victory against the establishment. They fooled them again! Wilson was elected, because he promised, there would be no war with him - after 3 weeks USA was in WW2. Bush promised to bring back honor to washington and help states to build democracy. Obama to stop Bush policy. Always the same rich mans trick.
So, if the positions did not change - the policy did not change. And when policy did not change, the game did not change. And when the game did not change - all reasons why you are invested in gold did not change. They become even harder.
Ok, ok, a little bit too long again. Sorry for that. I only wanted to share that point of view to the furture of goldprice. Hope, coulp help some with that.
Good luck to all
regards,
Auge
BDR Price at posting:
42.5¢ Sentiment: Hold Disclosure: Held
