Trump Honeymoon Ends Before Marriage Begins Ep. 221

Published: Jan. 18, 2017, 4:47 p.m.

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\\n \\t* As I said on a prior podcast, this could be the first Presidential Honeymoon to end before the marriage officially begins
\\n \\t* Donald Trump will not be sworn in until Friday
\\n \\t* Yet the Honeymoon already appears to be over for the Trump Trade
\\n \\t* The dollar continues to decline again today; gold continues to rise
\\n \\t* Confounding the experts who, at the beginning of the year, predicted the opposite
\\n \\t* Gold up again today about $14 it was up $4-5 yesterday, on the Martin Luther King holiday
\\n \\t* \\xa0We're now at about $1217 for the price of gold
\\n \\t* We're still below where we were the day Trump won
\\n \\t* But this is the highest we've been in about 6 weeks, maybe more
\\n \\t* It's certainly the highest for the year
\\n \\t* Dollar down across the board; dollar index at the low for the year
\\n \\t* Still up from Trump's victory but down quite a bit from the highs
\\n \\t* Of course, other currencies, even though the dollar index is down 2%
\\n \\t* You've got currencies like the Australian dollar up 4.5%
\\n \\t* So that currency has pretty much recovered everything that it lost based on the Trump victory
\\n \\t* Gold, although it hasn't recovered everything, it's still up almost 6% so far year to date
\\n \\t* Silver's up better than 7% year to date
\\n \\t* Gold stocks, look at the GDX, up 12% so far this year
\\n \\t* That means that gold stocks by far is the top performing sector in 2017
\\n \\t* They were by far the top performing sector in 2016
\\n \\t* I actually think the out-performance in 2017 will be even greater than 2016
\\n \\t* The Dow, down again, at one point it was down close to 100
\\n \\t* Dow transports ended down over 100
\\n \\t* I think the Dow is basically flat on the year - slightly positive
\\n \\t* The NASDAQ was down 35 points; S&P down as well
\\n \\t* So U.S. stocks are barely moving
\\n \\t* Foreign stocks - some of these emerging markets are up huge, especially priced in U.S. dollars
\\n \\t* All the foreign markets, thus far in 2017 are beating the U.S. market
\\n \\t* Again, that is not what all the experts were expecting from the Trump Rally
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