Gold is President Trump’s ‘Trump’ Card

Gold is President Trump’s ‘Trump’ Card

$GLD, $XAU, $USD FLASH: Gold could 2X overnight, especially if President Trump uses it as a weapon in his battle Vs the Fed. The Fed controls the Buck, the Buck is the world’s trading currency, and so the Fed controls the world. A stronger USD hurts the world’s growth prospects. It also hurts President Trump’s […]

Fed Mins ‘Dovish’, No Interest Rate Increases This Year and Into 2020

Fed Mins ‘Dovish’, No Interest Rate Increases This Year and Into 2020

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: The majority of Fed officials last month believed that economic conditions would likely warrant keeping its Dovish monetary policy unchanged for the rest of this year. Several officials said their view could shift in either direction based on incoming data, according to minutes of the meeting released Wednesday. Weaker growth […]

President Trump’s Fed Noms Moore and Cain on Track

President Trump’s Fed Noms Moore and Cain on Track

FLASH: Top White House officials Sunday defended President Trump’s plan to name 2 political loyalists to the Fed’s board of governors, brushing aside controversies over their personal lives and qualifications to help run the world’s most powerful central bank. White House economic adviser Larry Kudlow and acting White House Chief of Staff Mick Mulvaney used […]