Gold price, page-13176

Interesting times ahead:
Trump is keen to keep the bubble going, devalue the US dollar and make manufacturing sector competitive.
He appointed a new Fed chairman who will be loyal to him and keep interest rate low for long.

The interest rate hike in December is expected by the market, however, the new tax reform is adding $1.4 trillions debt and sure with interest rate hike, things may become complicated for the budget and treasury.

There is a reasonable chance that interest rate may not go up this month and if it goes up, the comments from the Fed may signal less than anticipated hikes next year.

As I have mentioned in my previous post, I took advantage of the cheap Bdr and now sitting on nearly 2.5 m shares in my combined portfolio. I will keep adding while it is under 20c.

Confident of good times ahead for gold and waiting for correction in equities and bitcoin with money moving into the real safe haven, gold.

Cheers, Sydney