Looks like the best ‘the markets’ can hope for on the Trade War front is a
so-called ‘mini deal’ consisting of China buying a heap of US ag products - for which they are desperate with their swine flu issues and boundless appetite for soy beans - some sort of pact regarding currency manipulation, and the US agreeing to suspend further tariffs.
If this mini-deal is done, Gold will take a hit. No doubt. Likely to be temporary.
If no deal done, Gold will soar and markets will be roiled.
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