Gold’s On A Tear

Since the begining of 2017, gold has risen over 10% in price at the same time as the DJIA has risen five percent. Some people are counting on long term pain in the era of Trump. I expect USD to plunge if Trump’s bad maths ever makes it into the budget. He’s promising to cut taxes, boost the military, slashing State and EPA, while maintaining entitlements and building infrastructure. Oh, he promises to make Mexico pay for the wall and get “business” to build the infrastructure. Yes, that will boost the economy, tolls on everything…. Chuckle.
 
See Spot Gold

About Robert Pogson

I am a retired teacher in Canada. I taught in the subject areas where I have worked for almost forty years: maths, physics, chemistry and computers. I love hunting, fishing, picking berries and mushrooms, too.
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3 Responses to Gold’s On A Tear

  1. ram says:

    Gold is NOT “going up”, the fiat currency continues to collapse.

  2. The Miser of Manitoba wrote, “When was the last time you counted your shekels Robert?”

    I don’t have any. I do know the value of my pension portfolio however. It’s OK. It’s getting better.

  3. The Miser of Manitoba says:

    When was the last time you counted your shekels Robert?

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