Gold is Telling Us Trump's Transformation is Complete
There is a reason Gold is getting ahead of itself in terms of inflation in our opinion. It is the much discussed "safety" aspect. In this way, Gold and the USD both benefit from global uncertainty. The US is supposed to be the most stable of places, even as its policies destabilize other countries. It is not looking that way now.
So we ask you the reader, what is certain about Trump? He has flip-flopped on all promises. His financial policies can only end in inflation now. His foreign policies are overtly intended to destabilize other regimes.
How can this make the USD a safe place? The only thing certain about the U.S. is that it is being run by the same type it always has been run by. Only now, its leader has no qualms about being a tactless bull in a China shop. This is why we are thinking now that the USD may just continue to be the tallest global pygmy. But it will wither next to Gold along with every other FIAT currency as long as Trump is in office.
Interactive Chart HERE
As we've said before, POTUS does not change direction of secular trends. He can only change the speed of them. And despite promises to the contrary, Trump it would seem is actually accelerating the global reset through his bravado and narcissistic need to be accepted by the Elites.
gold will continue to benefit until it becomes obvious that Trump is a 1 term president. And even then, if the damage this man has done can not be corrected soon, Gold will continue to benefit.
- Soren K. Group
Trump Appears to Reverse Himself on Trade, Economy, Foreign Policy
(Carlos Barria / Reuters)
Over the past week, President Trump has reversed many of his closely held positions during the campaign. It began with the strike last week in Syria after Trump was apparently moved by images of children affected by the chemical-weapons attack in Idlib province. This week, Trump offered assessments of NATO (“not obsolete”) China (“They’re not currency manipulators”), low interest rates (“I do like” them), and the Export-Import Bank (“It’s a very good thing”). The reasons for the president’s change of mind is unclear, but they are likely to be U.S. policy for at least the near term. David Graham and Gillian White wrote last night about these changes in policy. David’s piece here; Gillian’s here
Comment:
Trump is Full of It. Always has been. He just wants desperately to not get kicked out of the club he has fought so hard to get back into. And that means Neo-cons, globalists, and Wall Street have to be appeased.
Swamp drainer my ass.
Yellen, Nato, USD, Syria- Trump Reversed on his Entire platform in a Day
- Yellen: She can Stay
- NATO: Not Obsolete any more
- USD- Strong isWrong now
- Syria - Screw it, Lets bomb them
Trump's USD statements are a possible death knell for his BAT idea and Tax cuts.
Candidate Trump is rolling over in his grave.
Rand 2020. Wake up Libertarians. You can't be passive small government sponsors. There is a time to step up. Kindness and reason is not enough in the face of psychotic enemies. You need government. Just the right type.
Rant over - For now
About:The Soren K. Group of writers are currently 5 persons writing collectively. Backgrounds are professional, ranging from Finance to Banking to Real Estate. Topics include politics, markets, and Global Macro situations with a libertarian bent. Some posts are collaborative, some individually written.
Email: Sorenk@marketslant.com
Twitter: @Sorenthek
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