Gold: We Will Have A Bull Run Next Year

I think we will have a big bull run next year. I think next year gold will finish the year strong as opposed to having this Trump related sell-off. (SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX), Market Vectors Junior Gold Miners ETF (GDXJ), Newmont Mining (NEM), Barrick Gold (ABX), Goldcorp (GG), NovaGold (NG))

We Cannot Stop The Bubble From Popping Nor Should We Try

People are ignoring that the things they think are going to happen are impossible: "Now we are going to get fiscal stimulus, we do not need monetary stimulus." If we get the fiscal stimulus we will need the monetary stimulus more than ever to make it possible. There is no way to finance these deficits unless the Federal Reserve steps up and does it.

Of course, this is a mistake, they should not do it and that is why we are in so much trouble. But I do not think there is any way Trump can fix these problems. They are unfixable! We cannot stop the bubble from popping nor should we try.