Gold Price is One Tweet Away from New Highs
Commodities / Gold and Silver 2017 Jan 31, 2017 - 04:18 PM GMTBy: The_Gold_Report
President Trump's recent comments on Mexico and building a wall should give gold investors optimism, says Daniel Ameduri, cofounder of Future Money Trends.
President Trump's recent open display on Twitter regarding Mexico and the wall should give gold investors a surge of optimism.
Over the next year, it's highly likely that we will see trade wars erupt with the U.S. and several of its major trading partners, like Mexico, China and the EU.
The counterstrike, as many readers can imagine, could be fatal for the U.S. dollar and global markets.
It could result in everything from the selling of U.S. treasuries by trading partners to igniting price inflation as new import taxes get baked into the goods coming into the U.S.
Canceled treaties, trading agreements and longstanding criminal activity by central banks could all be shattered by President Trump.
His Twitter account could prove to be even more lethal to the stock market as he attacks individual companies and business leaders.
Trump is a real change agent, but the fact is that the entire monetary system is held together by the oligarchs—a global fraud machine.
As the new president attempts to make changes, there will absolutely be some pain and blowback, which I believe will be a major catalyst for a higher gold price during his first term in office.
The fundamentals for gold are already there, and it's in a technical bull market.
So although gold is not dependent on the changes Trump will enact, his "in your face, get it done" style will be like pouring gasoline on a fire for gold, especially from his Twitter feed.
FutureMoneyTrends.com will be releasing our top three gold stocks to profit from in February.
Last year, we saw sizable gains of up to 634%, and this year, we see the potential to be a lot higher.
We've hand-selected the proven winners of the industry that come with strong shareholder support from all the top fund managers.
Something everyone here reading this needs to understand about junior gold stocks is that 95% of them are either scams or run poorly.
This is why when we do have big runs in the gold price, the top juniors move up 10 to 15x faster.
Even though there are hundreds of companies, you really have about seven or eight companies that are the real deal, run by the right people.
As money flows into the sector on any movement in gold, the smart money is actually flooding into only a sliver of the market. It's why when the GDXJ (VanEck Vectors Junior Gold Miners ETF) was up over 100% last year, our top silver company was up over 557%!
In my opinion, right now is the time to take strategic positions in gold stocks, and then allow the gold bull market to develop, with the understanding that at any moment, President Trump could very easily give this sector a very heavy dose of steroids.
Daniel Ameduri is the editor of the Wealth Research Group and the cofounder of Future Money Trends Letter, FMT Advisory and Crush The Street. After warning family and friends in 2007 about the coming market and mortgage collapse, Ameduri started his own YouTube channel, VisionVictory, which has received 10 million video views. On March 18, 2008, Ameduri called for Dow 8,000, the collapse of Lehman Brothers, AIG, and Washington Mutual. During the mortgage crisis, he helped people buy Put Options on Countrywide Mortgage; these Puts saw a gain of 1,400%.
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