* As I said on a prior podcast, this could be the first Presidential Honeymoon to end before the marriage officially begins * Donald Trump will not be sworn in until Friday * Yet the Honeymoon already appears to be over for the Trump Trade * The dollar continues to decline again today; gold continues to rise * Confounding the experts who, at the beginning of the year, predicted the opposite * Gold up again today about $14 it was up $4-5 yesterday, on the Martin Luther King holiday * We're now at about $1217 for the price of gold * We're still below where we were the day Trump won * But this is the highest we've been in about 6 weeks, maybe more * It's certainly the highest for the year * Dollar down across the board; dollar index at the low for the year * Still up from Trump's victory but down quite a bit from the highs * Of course, other currencies, even though the dollar index is down 2% * You've got currencies like the Australian dollar up 4.5% * So that currency has pretty much recovered everything that it lost based on the Trump victory * Gold, although it hasn't recovered everything, it's still up almost 6% so far year to date * Silver's up better than 7% year to date * Gold stocks, look at the GDX, up 12% so far this year * That means that gold stocks by far is the top performing sector in 2017 * They were by far the top performing sector in 2016 * I actually think the out-performance in 2017 will be even greater than 2016 * The Dow, down again, at one point it was down close to 100 * Dow transports ended down over 100 * I think the Dow is basically flat on the year - slightly positive * The NASDAQ was down 35 points; S&P down as well * So U.S. stocks are barely moving * Foreign stocks - some of these emerging markets are up huge, especially priced in U.S. dollars * All the foreign markets, thus far in 2017 are beating the U.S. market * Again, that is not what all the experts were expecting from the Trump RallyOur Sponsors:* Check out Infinite Epigenetics: https://infiniteepigenetics.com/GOLD* Check out Justin Wine and use my code SCHIFF20 for a great deal: https://www.justinwine.comPrivacy & Opt-Out: https://redcircle.com/privacy

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“What did the council decide on item 42?” — answered with the speaker and the moment.

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