PM Fund Manager Dave Kranzler joins SD to provide a run down on Trump’s first couple week’s as President. Kranzler says Trump is not “draining the swamp.”
Many of the executive order will get repudiated in some manner, he says. Other than creating an apparent “political frenzy,” Trump is not going to change things fundamentally.
But how will a Trump presidency impact the precious metal markets?
Kranzler says Trump’s policies will lead to high inflation which will push gold and silver higher. Kranzler also sees China’s demand for gold will be greater in 2017 than in 2016, which should also be bullish for gold.