In an excerpt from a soon to be aired interview with CNBC, Trump said Mnuchin’s comments about not giving a shit about the dollar were misinterpreted. Moreover, he says the strength of the nation will ultimately lead to a stronger currency.
As such, both gold and gold miners, as well as oil stock, are sinking in unison — sadly depreciating in value thanks to our evil leader.
To think that I was on the verge of making grandiose sums of money at the expense of dollarFAGS and now seeing those gains dissipate is disdainful to me. As such is the ultimate fate of all gold bugs, I too wallow in misery, watching with a calm normality of horror as my NUGT, EGO and EXK sink. The dollar is on the rise again, wiping out a strong euro rally — imposing our nationalistic zeal upon the Forex markets.
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EUO DRIP carry on
Huh…I just figured I missed the breakout and was on to the next one. Another failed break brings us a step closer to the real one.
Dollar is total garbagio. ELF is where it’s at
Just looked at my .999 bars I use as doorstops – still there doing their job; not sinking, not shrinking, not losing weight…just collecting dust.
At one point only three things were considered to have value. Gold, frankincense and myrrh. Gold being the least valuable at the time.
Today frankincense and myrrh are worth $1-2 per ounce.
Why hold gold? Shouldn’t you be short gold and long frankincense and myrrh?
There’s proper time for everything. This is the proper time for me to value elements hated and ridiculed by others. I never said I was short frankincense and myrrh.
Buy the dip in gold. Everyone knows Trump really wants a weaker dollar.
I’m out. Gold hasn’t resolved yet, weak trade.
You people are in and out faster than a sailor in Subic Bay on cinderella liberty.
Sunil Bay, where men are men and women are men
Manager won’t back up subordinates = loose cannon on deck. Though, no one ever said it would be easy managing deflation.
The dollar was due to bounce for a few days. Trump’s the excuse. If the dollar even pauses here, we should get a few days lower in stocks as the rush out of cash will lose it’s mo.
Gold Miners blow street cock.