Post by mangomoney on Feb 1, 2017 16:16:18 GMT 7
Strange times. A (US) politician doing what he said he'd do 
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Gold Gains as Trump Shocks Markets by Doing What He Said He’d Do
by Luzi-Ann Javier and Eddie Van Der Walt
January 31, 2017, 12:55 PM GMT+7 February 1, 2017, 2:05 AM GMT+7
Fed seen ‘more cautious’ on rate path on Trump polices: RJO
U.S. leader’s actions on trade, immigration unsettle markets
President Donald Trump’s policies have brought gold back to life.
Gold futures rose for a second day, posting the biggest monthly gain since June, on investor concern over moves by Trump that included barring entry by citizens from seven predominantly Muslim nations and firing the acting U.S. attorney general for refusing to enforce the order. The dollar headed for a third straight decline against a basket of 10 currencies, and U.S. stocks slid.
Confusion over U.S trade and immigration policies has helped rekindle haven demand for gold, which in December capped its biggest quarterly decline in more than three years. Money is also flowing back to precious metals as speculation mounts that the Federal Reserve may be more cautious in raising U.S. interest rates amid concerns Trump’s policies could stifle economic growth. Protests from New York to Atlanta to Detroit were held Sunday.
more...
www.bloomberg.com/news/articles/2017-01-31/gold-set-for-best-month-since-june-as-investors-fret-over-trump
+++++++++++++++++++++++++++++++
Gold Gains as Trump Shocks Markets by Doing What He Said He’d Do
by Luzi-Ann Javier and Eddie Van Der Walt
January 31, 2017, 12:55 PM GMT+7 February 1, 2017, 2:05 AM GMT+7
Fed seen ‘more cautious’ on rate path on Trump polices: RJO
U.S. leader’s actions on trade, immigration unsettle markets
President Donald Trump’s policies have brought gold back to life.
Gold futures rose for a second day, posting the biggest monthly gain since June, on investor concern over moves by Trump that included barring entry by citizens from seven predominantly Muslim nations and firing the acting U.S. attorney general for refusing to enforce the order. The dollar headed for a third straight decline against a basket of 10 currencies, and U.S. stocks slid.
Confusion over U.S trade and immigration policies has helped rekindle haven demand for gold, which in December capped its biggest quarterly decline in more than three years. Money is also flowing back to precious metals as speculation mounts that the Federal Reserve may be more cautious in raising U.S. interest rates amid concerns Trump’s policies could stifle economic growth. Protests from New York to Atlanta to Detroit were held Sunday.
more...
www.bloomberg.com/news/articles/2017-01-31/gold-set-for-best-month-since-june-as-investors-fret-over-trump
