I think the correction in the price of gold is over but I do think there is some psychological resistance around this 1,300 level but we are going to blow through it and have a quick march up to 1,350. (SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX))
Apr 19, 2017
Apr 18, 2017
The U.S. Dollar Is Overvalued
I believe Donald Trump is correct. The U.S. Dollar is overvalued but he is wrong in his view of how the overpriced U.S. Dollar impacts the U.S. Economy. Because the dollar is overvalued we have an artificially high standard of living and when the dollar starts declining is going to take the American standard of living down with it!
Apr 12, 2017
Trump Rally, Recession
We are not getting the Obamacare repeal, we are not getting the comprehensive tax reform, I mean we are not getting anything and still the stock market has not surrounded any of the gains from the Trump rally that was based on the expectation of a bunch of things that will not happen. What is going to happen is a recession! (SPDR S&P 500 Index ETF (SPY), SPDR Dow Jones Industrial Average ETF (DIA), Nasdaq 100 Index ETF (QQQ), iShares Russell 2000 Index ETF (IWM))
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