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Gold Wins in a Currency War

From rmegold.com

There are two takeaways from today’s’ commentary. Let me share them with your right up front: • Takeaway #1: President Trump wants to have a currency war with China, and ultimately with the rest of the world. • Takeaway #2: The big winner in currency wars is gold. In addition to continual calls from the administration for all the elements of a currency war, specifically for the Federal Reserve to lower rates further, for more Quantitative Easing (money printing), and for tariff regimes, the President recently tweeted, “China will be pumping money into their system and probably reducing interest rates, as always, in ... (full story)

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  • Category: Fundamental Analysis