November 2016 - Week 4 Edition
The Public Debt Problem is Not Yet Solved!
Barring a miracle, huge federal debts will continue under the new President and Congress, pushing gold prices back up in time. The weekend Barron’s published a cover article, “Saving American, Part 1,” which begins, “The U.S. is headed for a major financial crisis if it does not restrain the growth of its debt burden.”
November 2016 - Week 4 Edition
The Public Debt Problem is Not Yet Solved!
Barring a miracle, huge federal debts will continue under the new President and Congress, pushing gold prices back up in time. The weekend Barron’s published a cover article, “Saving American, Part 1,” which begins, “The U.S. is headed for a major financial crisis if it does not restrain the growth of its debt burden.”
November 2016 - Week 3 Edition
Why Didn’t Gold React Better to Trump’s Win?
Our assumption – along with many others – was that gold would soar on a Trump victory. At first, gold exceeded $1,350 overnight, while the Dow index lost 800 points, but those markets reversed the next day and have gone in opposite directions ever since – with gold down to $1,222 and the Dow at record highs.
November 2016 - Week 3 Edition
Why Didn’t Gold React Better to Trump’s Win?
Our assumption – along with many others – was that gold would soar on a Trump victory. At first, gold exceeded $1,350 overnight, while the Dow index lost 800 points, but those markets reversed the next day and have gone in opposite directions ever since – with gold down to $1,222 and the Dow at record highs.
November 2016 - Week 2 Edition
Stock Market Likely to Decline in 2017
The stock market traded down 800 points overnight, but the real stock market did not open until 9:30 am Wednesday morning. It opened up slightly before turning down. There may be some initial celebration of the Republican sweep, but America tends to be suspicious of new Presidents, especially Republicans replacing Democrats in the White House. When this happens, the market tends to decline significantly.
November 2016 - Week 2 Edition
Stock Market Likely to Decline in 2017
The stock market traded down 800 points overnight, but the real stock market did not open until 9:30 am Wednesday morning. It opened up slightly before turning down. There may be some initial celebration of the Republican sweep, but America tends to be suspicious of new Presidents, especially Republicans replacing Democrats in the White House. When this happens, the market tends to decline significantly.
November 2016 - Week 2 Edition
Stock Market Likely to Decline in 2017
The stock market traded down 800 points overnight, but the real stock market did not open until 9:30 am Wednesday morning. It opened up slightly before turning down. There may be some initial celebration of the Republican sweep, but America tends to be suspicious of new Presidents, especially Republicans replacing Democrats in the White House. When this happens, the market tends to decline significantly.
November 2016 - Week 2 Edition
Stock Market Likely to Decline in 2017
The stock market traded down 800 points overnight, but the real stock market did not open until 9:30 am Wednesday morning. It opened up slightly before turning down. There may be some initial celebration of the Republican sweep, but America tends to be suspicious of new Presidents, especially Republicans replacing Democrats in the White House. When this happens, the market tends to decline significantly.
November 2016 - Week 2 Edition
Stock Market Likely to Decline in 2017
The stock market traded down 800 points overnight, but the real stock market did not open until 9:30 am Wednesday morning. It opened up slightly before turning down. There may be some initial celebration of the Republican sweep, but America tends to be suspicious of new Presidents, especially Republicans replacing Democrats in the White House. When this happens, the market tends to decline significantly.
November 2016 - Week 2 Edition
Stock Market Likely to Decline in 2017
The stock market traded down 800 points overnight, but the real stock market did not open until 9:30 am Wednesday morning. It opened up slightly before turning down. There may be some initial celebration of the Republican sweep, but America tends to be suspicious of new Presidents, especially Republicans replacing Democrats in the White House. When this happens, the market tends to decline significantly.
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