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I think Trump is in a difficult position with the equity markets seizing up shortly prior to the mid-terms

If the falls in the share market continue the President might need to make some sort of interim settlement with the Chinese on trade and/or apply a blowtorch to the feet of the Fed reserve in the hope they scale back their schedule of rate hikes. Either of these would obviously be great for gold.

Worst case scenario is that neither of these options comes to pass, and there’s a significant stock market correction. In this case I expect we’d see USD surge and POG hit fresh lows