Called 2 Action - Steve Mnuchin contradicts the President in Davos
Show Notes:
David appears @ 29:30
- Steve Mnuchin visited the World Economic Forum in Davos, Switzerland. Stated a weaker dollar is good overall for worldwide trade and American exports. This went against what President Trump stated a week earlier about needing to have a strong dollar to make America great again.
- David thinks they're both right. Thinks it's unusual that the Treasury Secretary and the President are saying different things.
- The dollar has been weakening since Nixon took us off the gold standard. Meanwhile, gold has been strong and increasing in value.
- For more including the Bond market shaking up and turning into a bear market, listen to the full interview.
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