Tag: impeachment

DOJ Asked to Examine New Systemic Risk in Gold & Silver Markets

DOJ Asked to Examine New Systemic Risk in Gold & Silver Markets

Impeachment circus lows and stock market highs dominated the news cycle this week, and precious metals are quietly attempting a recovery. Bulls still have some work to do to repair the technical damage inflicted on both metals during last week’s selling. Gold and silver still face some overhead resistance and the potential for concentrated short selling by financial institutions in the futures markets. Significant price bottoms are usually reached after the commercial sellers force the speculative longs to capitulate. We certainly saw some of that last week. Whether there is one final washout ahead remains to be seen. Futures market manipulation of precious metals prices remains an obstacle to free […]

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What Happens to the Price of Gold if Trump is Impeached?

The impeachment of Trump has been a revolving issue for quit a long time. What does impeachment mean? Impeachment is the process of getting rid of a president outside of election time. It is a long and difficult process at that – first, the House of Representatives has to vote by a majority to impeach a president and; second, it goes to the senate where two-thirds vote is required to actually remove the president. So, what happens to markets if the US President gets impeached? In the history or America, two presidents have notably gotten themselves into trouble, Clinton and Nixon. These lead to the resignation of Nixon and the […]

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How Would Markets React If Trump Is Actually Forced Out of Office?

How Would Markets React If Trump Is Actually Forced Out of Office?

Donald Trump’s policy agenda – and his very presidency – are in jeopardy… …at least if you believe the chatter on cable television. Yes, for weeks now, the big media outlets have been stirring up talk of impeachment. One narrative after another – Russia, Comey, Kushner, etc. – yet no conclusive evidence of any “high crimes and misdemeanors.” Still, Democrats in Congress smell blood in the water… and they have readied articles of impeachment for introduction as soon as an opportunity presents. But investors don’t seem particularly concerned about the implications of political turmoil intensifying in Washington. The stock market keeps edging higher with minimal volatility. The only hint of […]

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Trump Turmoil Grows, Prompting Flight to Safety

Trump Turmoil Grows, Prompting Flight to Safety

Donald Trump has been dogged by efforts to undermine his presidency since winning the election in November. Deep State operators and political partisans have been working around the clock to hang a scandal around the president’s neck large enough to ruin him. If markets are any indication, they got some help last week from former FBI director James Comey. Comey’s leaked memo asserting the president tried to interfere with the investigation of Michael Flynn, the former National Security Advisor, prompted a selloff in stocks and a boost in precious metals. Democratic Congressman Al Green became the first in Congress to actually call for impeaching the president on the House floor. […]

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