Trump just stated his desire for a weak dollar. Here’s what he said and why it matters for investors in general, and gold & silver prices specifically…
The US dollar.
You keeping score?
Of all of the flip-flopping?
Trump wants a strong dollar one day.
The very next day he wants a weak dollar.
I’m not sure where Trump recently stood on the dollar.
But on Saturday, we got a status update from the President
We learned his most current stance regarding US dollar “policy”.
If you weren’t aware, Trump is once again a “weak dollar” President.
Which means that goods & services cost more as the US dollar loses value.
But don’t take ‘Ol Half Dollar’s word for it, hear it from President Trump himself:
The two things are gold and silver, so, by extension, the President’s words are good for gold and silver.
That’s another reason there is a limit to how low the cartel can currently smash gold & silver prices.
Which brings up one more thing that gold & silver investors really should think about.
Let us assume the Deep State & globalist plan is to weaken the US dollar.
Furthermore, gold & silver prices have just pulled-back meaningfully.
So we have a US dollar that is about as strong as it will get.
Right now, those dollars can buy a lot of gold & silver.
Yet when the US dollar starts falling again?
What happens to gold & silver prices?
Gold and silver prices will rally.
Competing with the dollar.
Get more ounces now.
Less ounces later.
It is simple math.
An easy result.
– Half Dollar
About the Author
U.S. Army Iraq War Combat Veteran Paul “Half Dollar” Eberhart has an AS in Information Systems and Security from Western Technical College and a BA in Spanish from The University of North Carolina at Chapel Hill. Paul dived into gold & silver in 2009 as a natural progression from the prepper community. He is self-studied in the field of economics, an active amateur trader, and a Silver Bug at heart.