Just initiated a short position on [email protected], will double down if FED caves in. After Hillary takes White House, you know what will happen to precious metals.
I thought that if Trump wins, then Gold will be skyrocketing higher ? But if it is Hillary won the presidency, then Gold will be "normalize" or down since the stock market will be going up higher. AS per Jim Rickards analysis, the US Financial market is set for Hillary not for Trump victory.
Clearly Leon think Hillary is going to win. I agree with Jim that this is a fairly Hillary-positive market and that it won't go too far down if she wins but no doubt it would drop a little. I think that would be a risk worth taking though, given the potential up side if Trump takes office.
u.s. dollar reaction pull-back, if it moves higher again this week it will push the 99 mark shortly......if this happens, Leon could be on the money, gold will push lower....I'll stick with Leon on this one.
Whoever believes Trump can win, is just an idiot. As I am writing, GLD @122.08 and keeps dropping; my short position is in the money and hallelujah !
Well-a, well-a, well-a, uh! Tell me more, tell me more Was it love at first sight? This bromance lovers tiff has gone on way too long. I wan't you and Leon to kiss and make up.