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Topic: Gold and Silver Under the Trump Presidency (Read 1159 times)

legendary
Activity: 2940
Merit: 1865
November 22, 2016, 08:31:06 PM
#25
...

Whether it would have been Hillary elected vs. Trump, either would have spent a whole lot more money, that means inflation will arrive if monetary velocity picks up.  People who have "money" are tending to not spend a levels seen before ("Money velocity" is down).  Should people decide that so much more "money" (currency) is going to be printed, they may decide to start spending...

That is when prices will start going up.

Gold is a good defense against rising prices.  Gold has proven its value through the last 6000 years over and over.

Bitcoin will likely do well too.
full member
Activity: 126
Merit: 100
November 22, 2016, 07:09:53 PM
#24
Gold is bearish
hero member
Activity: 994
Merit: 544
November 20, 2016, 11:48:04 AM
#23
I think many are going to be completely blown away by how many of the policies Trump holds true to. The Wall undoubtedly IS going to be built, and honestly, why not, it will be one of the greatest infrastructure projects of our time, that will benefit for generations to come. A nation without borders, is scarcely a nation at all.

Gold is staging a big turnaround from its surge after Donald Trump won his bid for the presidency.Gold is staging a big turnaround from its surge after Donald Trump won his bid for the presidency.In short, the bullish view on gold under Trump rests on the expectation that his policies would keep the world on edge, and that his fiscal spending plans would accelerate inflation.
legendary
Activity: 3248
Merit: 1160
Playbet.io - Crypto Casino and Sportsbook
November 19, 2016, 09:24:28 PM
#22
Just went through this article regarding blockchain.info wallet https://news.bitcoin.com/bitcoins-biggest-wallet-best-month-ever/
Quote
After Donald Trump’s shock win in the U.S. presidential election, gold and silver went up in value — as well as bitcoin.
Bitcoin is slowly being safe heaven for investors to stay in safe side from market disaster.

True, smart people(investor) understand that fiat will not survive it's value in the future but bitcoin will.
hero member
Activity: 854
Merit: 500
November 15, 2016, 10:46:11 AM
#21
Just went through this article regarding blockchain.info wallet https://news.bitcoin.com/bitcoins-biggest-wallet-best-month-ever/
Quote
After Donald Trump’s shock win in the U.S. presidential election, gold and silver went up in value — as well as bitcoin.
Bitcoin is slowly being safe heaven for investors to stay in safe side from market disaster.
legendary
Activity: 1540
Merit: 1029
November 15, 2016, 10:31:47 AM
#20
I think many are going to be completely blown away by how many of the policies Trump holds true to. The Wall undoubtedly IS going to be built, and honestly, why not, it will be one of the greatest infrastructure projects of our time, that will benefit for generations to come. A nation without borders, is scarcely a nation at all.
hero member
Activity: 490
Merit: 520
November 13, 2016, 03:27:57 PM
#19
The gold prices are going to appreciate considerably in the next few years, irrespective of the policies of Trump. Countries such as Russia and China are hoarding gold in record quantities. Also, demand is rising in countries such as India and Middle East.
Why would it be rising in the Middle East? It's not like there is a ton of a need for gold there and chances are they're not going to get anything out of having more of it tucked away. Not trying to be belligerent, just curious. Also would it be fair to assume the ME is namely Saudi Arabia and related countries?
legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
November 13, 2016, 02:28:14 PM
#18
The gold prices are going to appreciate considerably in the next few years, irrespective of the policies of Trump. Countries such as Russia and China are hoarding gold in record quantities. Also, demand is rising in countries such as India and Middle East.
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
November 13, 2016, 11:45:23 AM
#17
it seems like Trump is planning on improving US economy greatly so it is expected to many things change in the country under the rule of Trump Smiley

and i think that is why many people speculate about bitcoin being a good thing these days and it going up in price.

- we can only hope
hero member
Activity: 1414
Merit: 505
Backed.Finance
November 13, 2016, 10:26:12 AM
#16
Doesn't surprise me. Everyone is nervous about Trump mostly because he isn't someone who is going to follow through with the same thing everyone before him has, and he is talking about some considerably radical economic policies that can have huge effects on American jobs and businesses.

The economy is bad either way, so it'll be rough regardless.

Indeed and President Trump As far I can remember that he will take the jobs overseas to America. But we do not know if all compaies will follow,since a company wants only profit and cut expenses. I am also glad that gold surges after the Trump win, hope it will translate to investoes confidence. But still businessman are still waiting for his policies.
legendary
Activity: 3766
Merit: 1217
November 13, 2016, 08:37:08 AM
#15
Gold -3.43% today.
Silver -7.8% today.

Price action for the metals looks pretty similar to summer 2008. Going (much) lower before going (much) higher? A financial crisis on the way?

The gold prices are usually inversely related to the stock market exchanges. Right now, the DOW JONES industrial average is at all time high. So we can expect the gold prices to decline. Also, Trump seems to be more business friendly than Hillary. That means that the stock market indices will rise in the near future, and the bullion prices will go down.
legendary
Activity: 3276
Merit: 2442
November 13, 2016, 03:02:34 AM
#14
It seems gold have a very strong pressure on it and it is heading down.

Apart from the elections, it wouldn't have made any difference if Hillary had gotten elected anyway. American economy is doing good and they need that interest rate hike in December. That is why gold is heading down. And it will go a lot more. Like 1100$ or maybe 1000$. I will buy some at 1100$. Not all in, only some. Buy even more at 1000$. If i ever to see xxx$ prices, that's where i am going to go all in.
hero member
Activity: 994
Merit: 544
November 13, 2016, 02:56:14 AM
#13
The election and the new president elected does not primarily is affect the price of gold and silver. But there are more factors that dictates the price and that is the need for precious metals. The market in the end is determine by the traders that sells and buy gold. So lets just left the presidency behind except if there are declarations by the US president that will bring huge impact on gold and silver industry.
legendary
Activity: 966
Merit: 1006
November 13, 2016, 01:07:09 AM
#12
What all these markets are seeing is just a reaction effect after surprisingly Trump got elected as president. All have speculated that Trump will be building long walls on border, will take harsh decision regarding foreign refugees and emigrants thats why most of the asian markets were down. However it is also true forex market move wildly even on speculation.

On long term i am seeing bitcoin price going up and may be gold will also recover from dump.
legendary
Activity: 3528
Merit: 7005
Top Crypto Casino
November 12, 2016, 05:44:29 PM
#11
I wish silver would hurry up and get a move on ;(  im still waiting on it recovering back to £25 an oz when i bought back in 2009 i think.  Roll Eyes
Dang, you should have sold in 2011 when it was pushing $50!

Who knows what Trump is going to do?  Frankly at this point all the movement we've seen in metals, stocks, and bitcoin is just speculators speculating on what they think is going to happen under his rule.  It's all guesswork, and the gains and/or losses in stocks and bitcoin and metals are just short term.  We're goning to have to wait and see how much of a complete psycho he turns out to be.  Don't be surprised if he starts gassing Muslims.
full member
Activity: 126
Merit: 100
November 12, 2016, 05:32:10 PM
#10
Currently a on a downtrend. Markets have accepted Trump as president if he follows through with plans Gold should fall further. I do expect it to rise again but nothing major soon.

Hillary Clinton was a reason to see gold rise long term given her determination to go to war.

trade gold and profit on the wild swings

https://bitcointalksearch.org/topic/earn-1000s-plus-a-month-on-forex-trade-copier-join-for-200-one-time-fee-1664883
hero member
Activity: 706
Merit: 500
https://twitter.com/CryptoTrout
November 11, 2016, 02:20:55 PM
#9
long wall building materials instead


legendary
Activity: 1904
Merit: 1074
November 11, 2016, 01:16:12 PM
#8
People will run to any commodity that are seen as a Safe haven in times of political uncertainty. Bitcoin has also seen some action, because

some people saw Bitcoin as a Save haven to protect their wealth, when Trump won the election. I think all of this is a bit premature, and

people are over-reacting. We will certainly see some drama in the months to come..  Roll Eyes
legendary
Activity: 1652
Merit: 1057
November 11, 2016, 12:39:22 PM
#7
Usually a new president will reform economic policies just to encourage his nations growth, so obviously dollar will advance. When dollars up surge, we cannot expect alternative investments like gold and silver to shine.
sr. member
Activity: 434
Merit: 250
November 11, 2016, 12:38:47 PM
#6
Copper prices are up.
Large infrastructure projects have been one of Trumps main talking points recently.
There are people saying that the $500-700 billion roads/ bridges package Obama wanted to pass would be approved if Trump proposed it.
legendary
Activity: 1218
Merit: 1007
November 11, 2016, 12:16:06 PM
#5
Doesn't surprise me. Everyone is nervous about Trump mostly because he isn't someone who is going to follow through with the same thing everyone before him has, and he is talking about some considerably radical economic policies that can have huge effects on American jobs and businesses.

The economy is bad either way, so it'll be rough regardless.
hero member
Activity: 756
Merit: 503
Crypto.games
November 11, 2016, 12:15:29 PM
#4
I wish silver would hurry up and get a move on ;(  im still waiting on it recovering back to £25 an oz when i bought back in 2009 i think.  Roll Eyes
Yep. Long Term. ^^

OP, Thanks for the news.
Anyway, after reading “To preserve your financial health, you will need the precious metals at some point in your life.” and "cautiously optimistic" , basically translated what he had left  to say into yada, yada yada analyst.  Undecided

By the way, why such big fonts?  Hard to read.
hero member
Activity: 1106
Merit: 521
November 11, 2016, 12:12:54 PM
#3
I wish silver would hurry up and get a move on ;(  im still waiting on it recovering back to £25 an oz when i bought back in 2009 i think.  Roll Eyes
legendary
Activity: 1610
Merit: 1183
November 11, 2016, 11:15:25 AM
#2
It's going to be very interesting times for metals and specially bitcoin. Now the markets are recovering because they think Donald Trump is not going to do pretty much anything of what he said. They think he will not build the wall, they thing he will not deport all the illegals etc... I think they are wrong. Donald Trump doesn't fuck around, he's going to do it all, and the markets will react, and metals and bitcoin will go up. Personally I would go up all in within Bitcoin. Metals are useless if you want to get rich.
legendary
Activity: 1540
Merit: 1029
November 11, 2016, 09:10:38 AM
#1

Analyst, author and speaker David Morgan was interviewed by INN CEO, Nick Smith, about the impact of the United States presidential election of 2016 on the price of gold and silver. In the interview, Morgan also detailed his outlook for the precious metals sector as well as copper in 2017.

On Donald Trump’s victory over Hillary Clinton, Morgan said, “It doesn’t really matter [which] candidate gets the presidency in the United States. The economic and financial conditions are entrenched so deep, and so far, and so wide that we have a precious metals bull market. That doesn’t mean there won’t be some short-term iterations, as we already experienced.”

Indeed, gold surged nearly 5 percent on the night of the US elections, and had its biggest single-day gain since June. Mere hours after – when Trump took to the stage for his victory speech – the price of gold plunged to $1,302.42.

“We had a huge percentage increase in gold that was basically washed away within a matter of hours. So that is a precursor, I think, to going back to the fundamentals. And the fundamentals are, there is a systemic problem, worldwide, based on a lie that you can print wealth. It’s been experienced through all the market places.” says Morgan. He adds that “To preserve your financial health, you will need the precious metals at some point in your life.”

Morgan’s outlook for 2017 is positive. However, When asked about the steady increase in gold and silver prices, he said “I am more favourable to a longer consolidation period but 2017 will definitely see a lift throughout the year.”

He is cautiously optimistic; when asked about the continued rise in the price of precious metals, here’s what had to say “I was asked recently if I thought that the peak of the precious metals would be on the four-year presidency of Trump, and I said no.”

However, he does see a higher price for precious metals in 2017 as compared to 2016.

Morgan suggests that investors should diversify if they are leaning towards the precious metals, and says “and then that portion of your portfolio, which I then recommend 10 maybe 20 percent if you are a full-fledged gold or silver bull.”



Click here to watch this video:

http://davidmorganblog.blogspot.ca/2016/11/gold-and-silver-under-trump-presidency.html
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