The Republican Candidate for President revealed he is all for scrapping pretty much all taxes - at least those on corporations, firemen, policemen, everyone in all branches of the military including national guard, coast gard etc, as well as on tips, anyone working overtime, social security, and pretty much everything else.
So, with no income, the Federal Government must simply print up trillions and trillions to pay for anything and everything especially all those concentration camps for the evil immigrants, subsidies to all oil drillers, deportation programs and an greatly expanded military.
Add to that a massive Tarrif program that will raise the price of everything stoking massive inflation and killing global trade while the President takes over the Fed and drops rates back to Zero.
It's no wonder gold is making new highs every day.
It's hard to imagine the Democrats being a whole lot more fiscally conservative. Escpecially when many of them have expressed the opinion that MMT works just fine. So at least everone agrees on that. At least everyone in US Politics.
So I really wouldn't worry about much of a pullback in gold until someone with a modicum of common sense decides to run for office in this country.
Don't hold your breath
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