Oil ETF USO is short from $11.40. As of this writing it is trading at $10.09. If still holding, it is time to book profits and exit the position.
COULD GOLD FALL TO $850 AN OUNCE IF TRUMP MADE AMERICA GREAT AGAIN? $GLD $SLV $DUST $NUGT $GDX $GDXJ #TRUMP #CLINTON #GOLD
The sole objective of this article is to help investors make money on gold while staying politically neutral, so I am arguing neither for Donald Trump nor for Hillary Clinton as the next president of the U.S.
A call from ABN Amro on July 22 for gold to rise to $1,850 an ounce if Trump becomes president made eye-catching headlines. (Gold traded at about $1,328 on July 26.) The Netherlands-based bank said a Trump presidency would weaken the fundamentals of the U.S. economy and, thus, drive up the price of gold.
Not so fast, ABN Amro. There is a contrasting scenario in which a Trump presidency would strengthen the U.S.… Please click here or the title below to read more.
July 26, 2016