gainesvillecoins declare : Gold Prices Steady Ahead of Trump Speech : 2017-03-01

collected by :Irax John

as mentioned in The rebound for gold and silver this morning erased the effects of some profit-taking as both metals were still hovering near four-month highs. The precious metals repeated their morning performance from yesterday on Tuesday, steadily recovering from overnight losses to push gold prices right back at $1,257 per ounce. Speculative interest in gold futures, driven largely by hedge funds, is now at an 11-week high. Though the latter initiative may prove an impossible hurdle, the speech will generally signal how aligned congressional Republicans are with the White House's agenda. Investor sentiment toward gold continues to show good signs, however.


as declared in Meanwhile, crude oil prices continued to tread water as expected absent fresh news-flow shaping expected supply trends. Chart created using TradingViewCRUDE OIL TECHNICAL ANALYSIS - Crude oil prices continue to mark time, failing to follow through after the completion of a bullish Triangle chart pattern. If the move is sizable, that may echo into USD-denominated oil prices. GOLD TECHNICAL ANALYSIS - Gold prices put in a bearish Dark Cloud Cover candlestick pattern after hitting the highest level in nearly four months, hinting a turn lower may be ahead. Alternatively, a turn below Triangle top resistance-turned-support at 53.64 exposes trend line support doubling as the Triangle floor, now at 52.26.
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Replace US Dollar With Gold As Global Currency: Trump

Heed Chairman Greenspan and do not just view but restore "gold as the primary global currency." President Trump: replace the dollar with gold as the global currency to make America great again. Mr. President: "No such thing as a global currency?" The dollar is the global currency. But there is no such thing as a global anthem, a global currency or a global flag. No "global currency?" Was this, with the poetic observation that "there is no such thing as a global anthem…or a global flag," just a trope? Replace US Dollar With Gold As Global Currency: Trump– Ralph Benko: Inside President Trump's otherwise "standard Trump stump speech" at CPAC was nestled what might be a most intriguing observation:Global cooperation, dealing with other countries, getting along with other countries is good, it's very important.

Replace US Dollar With Gold As Global Currency: Trump


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