I reckon Putin may be the biggest enemy to a rising gold price. It seems that Russia seems to want to take over the void left by Trump wanting to get out of Syria and wanting to distance the US from international turbulence and be inward focussing.
So Putin could become a great influence on reconciliation between players in the middle east and I see him having more chance than someone like Trump who can't help himself pissing off other leaders.
I think that there is likely improving sentiment on Iran with Russia's influence and also a possible resolution in Syria as they unite to kick the Turks all
the way back to the Turkey side of the border with the Kurds being the loser but stability the winner.
Now we need Putin to solve all the other hot spots in the world such as North Korea, Hong Kong, Afghanistan, Myanmar and the biggest problem Dutton's war on boats and refugees( tongue in cheek on this one).
So Putin will have a calming affect on the international scene which will lower price of gold if he is successful.
Christopher
SAR Price at posting:
$3.26 Sentiment: Hold Disclosure: Held
