⛏ Trump Sweeps and The Dollar Rallys

The Resource Roundup

Good Reads

Trump Sweeps and The Dollar Rallys
Gold prices fell overnight by 2% after Trump’s sweeping win, spurring a dollar rally and reshaping markets. BMO analysts suggest gold might face short-term declines as investors rotate portfolios, but expect long-term support from emerging markets as de-dollarization continues. Read on »

Central Banks Maintain Strong Gold Buying Amid Economic Uncertainty
With 694 tonnes bought so far this year, central banks' gold acquisitions underscore gold's appeal as a stable reserve asset. Emerging markets, especially in Central Europe, Asia, and the Middle East, lead this demand, while reported buyers, including Poland, Turkey, and India, emphasize the role of gold in offsetting currency risk, economic volatility, and sanctions. This momentum shows gold’s continued ascent as a crucial central bank asset. Read on »

Trump Victory Propels Bitcoin to $75K
In a market shift following Trump’s election victory, Bitcoin surged above $75,000 while gold and silver saw sell-offs due to a strengthening dollar. Bitcoin supporters are hopeful that Trump’s pro-crypto stance could favor long-term crypto adoption and possibly add Bitcoin as a U.S. reserve asset. Analysts foresee broader regulatory clarity, setting up the U.S. as a potential crypto hub. Read on »

Community News

  • Why State Action Trumps Federal Rhetoric Link>>

  • The S&P 500 Makes Up 51% of Global Stock Market Value Link>>

  • Copper Price Sees Biggest Drop Since May Link>>

  • Seven State Legislative Victories in 2024 Link>>

  • Decision 2024: Gold and Silver Win! Link>>

  • The Only Issue More Important Than The President Link>>

Reply

or to participate.