Silver Market Morning: Dec 19 2016 - Gold and Silver Stabilizing?

Snippet: 
We feel that the dollar has run too far, for too long on the back of hopes under the Trump administration. It is certainly against the interest of the U.S. to have a strong dollar at this point in the U.S. With the Yuan continuing to fall we may well see our forecast of 7.00 against the dollar reached by the end of this year. In 2017 we expect more falls in the Chinese currency. Let’s be clear on this, if the dollar continues to strengthen much more, the likelihood of import controls via stringent tariffs increases.

Gold Today

Monday, December 19th

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First published here: Silver Market Morning: Dec 19 2016 - Gold and Silver Stabilizing?

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