The Financial Week In Review:: Gold Rises On Concerns Over Trump, Charlottesville, Fed Minutes, USD, North Korea & Barcelona

in #steemsilvergold7 years ago

Let us discuss the issues of the week which have triggered a return to the haven that is safe of gold.


This has seen a confluence of occasions which have acted to resume the decline in faith into the buck, the decrease in Donald Trump’s approval plus the admiration of gold week. Today let’s look at some of the conditions that are current to the occurrence.


All around the television news yesterday had been the political analysis associated with the violence in Charlottesville; one thing, it seems, that is becoming a pinpointing feature of this we construct that is social. The effect on the room that is economic came not much through the violence itself but from Trump’s response to it.


This is not as subjective as you may first imagine as his opinions, justified or elsewhere, led finally to your disbanding of two business councils which are the advisory escalating force from high profile CEOs. Commerzbank analysts remarked that

 “this quashes the initially big hopes that the Trump could continue an insurance policy that is business-friendly. Eventually, this can even prove damaging to the U.S. economy”.


As Trump's approval fell, gold rose. This is certainly interestingly a theme we’ve seen all year as captured within the plot that is after of Marin Katusa.

(Image not shown due to low ratings)

(Image not shown due to low ratings)






Images were hidden due to low ratings.
Sort:  

Congratulations @aliabbas! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of upvotes received

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!

Congratulations @aliabbas! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of upvotes received

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!