Trump’s Political Pivot And A Weaker Dollar Drive Gold Higher? – Rory Hall/Dave Kranzler

April 13, 2017

Question: How can you tell when a politician is lying? Answer:
His/her lips are moving. In the last few weeks Trump has become another
puppet of the Deep State and his new policies suspiciously resemble the
campaign platform on which Hillary Clinton ran for president – at least
on the big geopolitical and economic issues. To be sure, at least for
now
there
appears to be some differences between a Trump White House and a
hypothetical HRC White House on domestic and social issues.
there
appears to be some differences between a Trump White House and a
hypothetical HRC White House on domestic and social issues.

Those of you who voted for Trump as a vote not to elect Hillary have
ended up with “Hillary.” Those of you who voted for Hillary, and thought
you lost, have wound up in many respects with a surrogate for Hillary.
It took less than 12 weeks since the inauguration for Trump to adopt the
stance of a true Washington politician. This is where the “elected”
official pivots away from the public interest and toward the interests
of the Deep State: Big oil, big defense, big healthcare and, of course,
Too Big To Fail Wall Street. Congratulations Donald. You’ve passed the
Beltway Test. Welcome to “The Club.”

Of course, you were “blind” if you didn’t think this would happen
once Trump took office and let Hillary and her gang of criminals and the
Clinton
Slush Fund Foundation off the hook after threatening her with prison during the election debates.

Anti-gold apologists will attribute the remarkable move higher in the
price of gold this week to the heightened geopolitical tensions between
Russia and the U.S. over Syria plus the North Korea situation. While
this might have had some influence on the price move in gold, the
primary drivers are economic, financial and structural.

By “structural” we mean the quiet implementation of digital gold
accumulation system between Shanghai, Dubai and Europe. In China, this
system will let the public buy a “digital” form of gold in tiny
increments and go into
any bank and take possession of
that gold. Rory Hall has presented two important interviews on this
topic on The Daily Coin that merit attention on this topic:
Gold, China, Trump and Economic Collapse, with Ken Shortgen, and China Moves 30% More Funds Into Physical Gold, with Jeff Brown.

While geopolitical and economic factors are pushing the price of gold
higher, the extreme dislocation between the western Central Bank short
position in gold via several different forms of paper gold and the
amount of available physical gold to deliver into buyers’ hands is going
to move gold in a way that will shock and awe everyone except maybe the
hardiest gold “bugs.” The two interviews posted above will help explain
why.

Finally, as we presented here after Trump was elected, a newly
implemented weak dollar policy will springboard the price of gold
higher, which is what we witnessed yesterday after Trump affirmed that
his administration favors taking the dollar lower in an inevitably
failed attempt to revive the competitiveness of U.S. exports. The Shadow
of Truth explores these issues in more detail in today’s episode:


Rory Hall, Editor-in-Chief of The Daily Coin, has written over 700 articles and produced more than 200 videos about the precious metals market, economic and monetary policies as well as geopolitical events since 1987. His articles have been published by Zerohedge, SHTFPlan, Sprott Money, GoldSilver and Silver Doctors, SGTReport, just to name a few. Rory has contributed daily to SGTReport since 2012. He has interviewed experts such as Dr. Paul Craig Roberts, Dr. Marc Faber, Eric Sprott, Gerald Celente and Peter Schiff, to name but a few. Visit The Daily Coin website and The Daily Coin YouTube channels to enjoy original and some of the best economic, precious metals, geopolitical and preparedness news from around the world.


Dave Kranzler

Dave Kranzler spent many years working in various Wall Street jobs. After business school, he traded junk bonds for a large bank. He has an MBA from the University of Chicago, with a concentration in accounting and finance, and graduated Oberlin College with majors in Economics and English. Dave has nearly thirty years of experience in studying, researching, analyzing and investing in the financial markets. Currently he co-manages a precious metals and mining stock investment fund in Denver and publishes the Mining Stock and Short Seller Journals. Contact Dave at dkranzler62@gmail.com.


The author is not affiliated with, endorsed or sponsored by Sprott Money Ltd. The views and opinions expressed in this material are those of the author or guest speaker, are subject to change and may not necessarily reflect the opinions of Sprott Money Ltd. Sprott Money does not guarantee the accuracy, completeness, timeliness and reliability of the information or any results from its use.

Source: Sprott Money