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The ‘Mar-a-Lago Accord’ is bullish for gold, but not for the reasons you might think

From kitco.com

Gold prices are above $3,050 an ounce and continue to benefit from global economic uncertainty as President Donald Trump pushes forward with his America First policies, announcing 25% tariffs on all vehicles not made in the United States. According to some analysts, Trump’s global trade war is part of a broader framework to reorganize global financial and trading systems. The roadmap Trump is following was laid out in November in a 41-page essay written by Stephen Miran, chair of the White House Council of Economic Advisers. Many have dubbed this the ‘Mar-a-Lago Accord,’ which envisions the U.S. dollar remaining ... (full story)

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  • Category: Fundamental Analysis