Gold’s rally gets booster shot as Trump picks doves for the Fed

Bloomberg/Ranjeetha Pakiam and Elena Mazneva

“Donald Trump has tapped two economists to the Fed’s board who are both seen as likely to support the president’s call for lower interest rates. . . .’The longer-term picture looks positive for gold,” Georgette Boele, coordinator of FX and precious metals strategy at ABN Amro Bank NV, told Bloomberg Television.”

USAGOLD note:  We made reference to this article in this morning’s DMR.  Worth a visit. . .

Repost from 7-3-2019

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