The money printing stage is ending. The issue is confidence and the money to flow on that confidence leading to inflation particularly with regard to China plus world wide infrastructure build out. Confidence is increasing daily. The amount of money created with a credible currency such as the US dollar is not the issue, the issue is confidence in spending it (according to Ben Bernanke). Inflation will follow. Especially because commodities will not only in be great demand but supply will once again take years to come on line because of EU fiasco over recent years created so much down turn. Add on top the reality that the US dollar must be in its zenith point considering it was bought up on lack of confidence and then bought up again on confidence especially with the Trump in charge. Short term pressure has notably turned the recovery in gold price downwards but its still on an upward trend for good fundamental reasons. Any move towards tax cuts is fiscal policy which has been lacking and was continually called upon to complement the monetary policy enacted by the Federal Reserve. Hence we are yet to see the created liquidity spent, especially on sorely needed infrastructure in particular, and the unavoidable inflation follows.
AQG Price at posting:
$2.19 Sentiment: Buy Disclosure: Held