Donald Trump – Bad For Dollar, Good For Gold?
Donald Trump's emergence as the Republican frontrunner and possible future U.S. President is causing some gold and investment analysts to suggest diversifying into gold according to the Wall Street Journal.
Donald Trump - Gage Skidmore via Commons.wikimedia.org
From the WSJ:
The other winner from Super Tuesday could be gold.
Via ConvergEx's Nicholas Colas,
With yesterday’s impressive equity rally, every trader is asking the same question: “Can U.S. equities go green on the year?” The S&P 500 is now down “just” 3.2% in 2016 and there’s nothing like a +2% one-day rally to hold out hope of actual gains before March 31.
Submitted by John Whitehead via The Rutherford Institute,
“The main problem in any democracy is that crowd-pleasers are generally brainless swine who can go out on a stage & whup their supporters into an orgiastic frenzy—then go back to the office & sell every one of the poor bastards down the tube for a nickel apiece.” ? Hunter S. Thompson
Politics today is not about Republicans and Democrats.
Authored by Brett Redmayne-Titley via ActivistPost.com,
“Tolerance and apathy are the last virtues of a dying society.” – Aristotle
Following the weakness in global PMIs, and yesterday's Chicago PMI collapse, US Markit Manufacturing PMI dropped to cycle lows at 51.3 from 52.5 (very slightly better than expectations of 51.2) with job growth at 5-month lows, production at slowest in 28 months, and work backlogs tumbling to the lowest since Sept 2009.