Fundamentals have changed, page-34

@Hyperion Silver


Not too phased about Gold prices...

We have the Italian elections coming this week, they will vote probably no....the Prime Minister will resign next the far right party will win and will have a vote on the EU/Euro dollar. Italy will vote against reform and further its banking problems. How this plays out remains to be seen.

Next year we have Netherlands and France elections key players in the EU, whether the far right parties rise up remains to be seen. If they do expect a EU referendum soon afterwards. Though watch the ECB more closely.....and EU member bond yields.

Last of all we have the inauguration of Trump presidency, low taxes increased fiscal spending which will increase inflation, the US dollar will increase against foreign currencies and US bond rates will spike upwards.

Dow jones at record HIGHs LOL.......and Nasdaq shares way overvalued.....2017 going to be a good year.

Too many factors in Gold's favour to go up.