GOLD 0.51% $1,391.7 gold futures

thanks averagejoe There is a good indication that Trump will...

  1. 105 Posts.
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    thanks averagejoe
    There is a good indication that Trump will scrape in the mid-term and also scrape in in 2020.
    The DOW has risen after every mid-term election since WW2 so the bullish assumption is that it will do so again.
    But the other critical question is....will the Federal Reserve raise interest rates in November or December. This will come on the back of an increasing budget deficit and federal debt that is approaching $US800B per year just in interest rate payments.
    On top of Trump's monetary war against China, and others, I think that the US is gearing up for a devaluation of the Dollar so they can export more.
    The unknown unknown is Trump's mind.
 
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