gold, page-130743

  1. 11,406 Posts.
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    2 minute on the game as we still wait for a volume ramp up.
    Looking at the Trump situation and its unlikely he will seek a strong dollar as his intention is to build up the US manufacturing base for exports so he will probably "persuade" other countries its in their best interests to raise the value of their own currencies. He will also seek lower rates to stimulate the economy. The Banksters will find it even more difficult under Trump for these reasons alone, never mind the rest of whats happening.
    Either way we are in for an interesting ride, particularly in the short run.

    https://hotcopper.com.au/data/attachments/6748/6748313-d1695f339b4189f2e9c92d5d1f577d91.jpg


    A daily on the US Dollar which has yet to hit target. If we get a reversal here to the downside then things will no doubt get more interesting in the gold space and particularly gold shares.

    https://hotcopper.com.au/data/attachments/6748/6748371-01bb178642ac27349891c2d36e1c3330.jpg

    Looking at the 10 year yield with the obvious Bankster intervention albeit from an overbought state as rates were once again hurting..

    https://hotcopper.com.au/data/attachments/6748/6748403-6fa2f6c2c3ba914ae83b70d76c64fa7d.jpg




 
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