THE PERFECT STORM FOR GOLD WITH TRUMP IN THE EYE

GOLD THRIVES ON INSTABILITY,  TRUMP IS INSTABILITY PERSONIFIED.


THINGS GOLD LOVES THAT TRUMP IS PUSHING:

1) GLOBAL COMPETITIVE DEVALUATION OF CURRENCY.

2) NEGATIVE RATE ENVIRONMENT. (there is 15 trillion dollars of negative yielding debt )

3) INTERNATIONAL STRIFE SUCH AS TRADE WARS

4) LOSS OF CONFIDENCE IN GOVERNMENT

AND 5 - gold's stealth weapon - (as though it needed anything else) -

A GLOBAL PUSH FOR DEDOLARIZATION - which is untethering gold to it's anti-dollar role, and encouraging governments to increase their gold reserves.

Government’s around the world are becoming increasingly wary of the dollar’s hegemony in international trade, as Trump's polices become increasingly belligerent.  and they’re doing their best to distance themselves from the dollar  by stoking their gold reserves.

This process is already underway mainly in nations with strong anti-U.S. sentiment including Russia, China, Iran, Venezuela, Syria, Turkey, Qatar, India, Pakistan, Libya, Egypt and the Philippines among others.

Naturally, these countries are turning to gold since the yellow metal is not under lock-and-key like the greenback and other electronic payment methods.

This trend is abundantly clear when you look at central banks’ buying activity.

According to the World Gold Council, central banks purchased nearly 70 percent more gold during the first quarter of the year than they did during the previous year’s corresponding period.

That’s the most they bought since the first quarter of 2013.

And goblal central banks are pushing to settle traditional dollar denominated markets with non-dollars payments:  SOME HEADLINES{

In a challenge to longstanding American dominance of the oil industry, China is reportedly planning to launch a pilot program to pay for oil in its own RMB, potentially starting in the second half of this year.

Russia, China Sign Deal To Settle All Trade In Respective Currencies And Drop Bilateral Use Of US Dollars

Iran and China have found a way for China to continue buying Iranian crude and pay for it without risking a U.S. sanction breach, an Iranian official said.

"A Chinese bank will start its banking exchanges with the Iranian side on December 2," the head of the Iran-China Chamber of Commerce, Asadollah Asgaroladi said, adding "The Chinese side is due to introduce its second bank for exchanges with the Iranian side in a month." Sales of crude will begin next week, Asgaroladi also said.

China had a special bank dedicated to handling payments for Iranian oil during the international sanctions against Tehran earlier this decade, so finding ways around sanctions is hardly new