President Trump just gave a 75-minute speech at the New York Economic Club. He talked about the administration’s achievements in the fields of unemployment, tax cuts, deregulation, energy deals, trade deals and many other topics.
First of all, gold stocks aren’t dead at all. They’re under pressure, since the markets are trading at all-time highs and the trade war is looking like it is gearing up for a truce, but they’re not toast.
Today, I’m going to drop some heavy bombs on you, which might cause you to rethink many of the notions that both the mainstream press and the alternative media have put in front of you in the last 11 years, since the Great Recession happened.
The Federal Reserve has paused, once again. From here until the end of 2020, the FED is projected to make just one more rate cut, if any.
The Trump administration is doing anything it possibly can to feed the goose, and it looks like it keeps on eating the positive progress news regarding the Phase 1 deal with China.