David Morgan on a Better Year Ahead and the Silver Fix
Snippet:
On election night, gold surged nearly 5 percent–its biggest single-day gain since June 2016. But when Trump took to the stage a few hours later, the price of gold plunged to $1,302.42. Gold dropped even further to $1,217.25 on a stronger US dollar and an anticipated Federal Reserve interest rate hike in December.
David Morgan on the gold and silver rally after the US presidential elections, the silver fix and its repercussions, and the effect of a Fed rate hike.
Last time INN spoke to The Morgan Report author David Morgan was right after Donald Trump won the US presidency, and prices of commodities were surging. He says, “A lot of people anticipated a rally, but it happened in a space of 24 hours.”
Wednesday, December 14th
First published here: David Morgan on a Better Year Ahead and the Silver Fix
