Gold Edges Up On Uncertainty

Written by Swiss America

gold is money 2430051 640Gold edges up after Trump’s impeachment, as traders await details on China-U.S. trade pact -Marketwatch
"Gold prices climb on Thursday in the wake of President Donald Trump's impeachment by the U.S. House of Representatives, but price moves are modest as benchmark bond yields push higher amid an easing of U.S.-China trade tensions. 'The gold market has lacked definitive direction this week as safe haven issues have been moderated at the same time that some signs of demand have surfaced, thereby limiting the market in both directions,' analysts at Zaner Metals wrote in daily note.

This Impeachment Folly -WSJ

Written by Staff Writer

ItoldyouImpeachmentThis Impeachment Folly -Wall Street Journal
"House Democrats voted Wednesday evening to impeach Donald Trump but, media high-fives aside, what have they accomplished? They have failed to persuade the country; they have set a new, low standard for impeaching a President; Mr. Trump will be acquitted in the Senate; and Democrats may have helped Mr. Trump win re-election. Congratulations to The Resistance.

China Deal Won't Win Voters

Written by Staff Writer

333px Donald Trump March 2015Trump's China deal won't win many voters -Yahoo Finance
"President Trump called his new trade deal with China 'tremendous' and 'phenomenal.' It's not. The '“phase one' deal - still not finalized - may reduce the threat of new tariffs and other protectionist measures that hurt economic growth. But it leaves in place most of the new tariffs Trump has imposed on Chinese imports....

All (Crypto) Tulips Must Wilt

Written by Swiss America

bitcoin 2057405 640All tulips must wilt -Techcrunch
"It's a bad day in the world of cryptocurrency. After recovering some during the summer, the value of bitcoin and other cryptocurrencies are sharply down over the last several weeks. Looking back a month, bitcoin was worth around $8,500 a coin. Today it's worth nearly $2,000 less.

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