FALLING GOLD AND SILVER PRICES FOLLOW TRUMP’S ELECTION
Donald Trump Elected 45th President of the United States.
Gold and Silver Crash, Dollar Strengthens, Dow Jones Hits All-Time High & Copper Soars.
Political uncertainty is good for the US dollar – even if its US political uncertainty.
Trump to replace global crony capitalism with nationalist crony capitalism?
Trump to create new class of voters through national infrastructure projects funded by government bonds?
Jamie Dimon for Secretary of the Treasury?
Media realignment? Breitbart/Infowars to Replace CNN/MSNBC at Press Conferences?
The top story of the week:
Donald Trump elected. India bans 500 and 1000 Rupee notes.
Top economic story of the week: Stock market and copper soars, gold and silver fall.
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Gold and silver
Gold closed last week at $1304.00 an ounce and closed this week at 1227.60( -5.9%)
Silver closed last week at $18.41 an ounce and closed this week at 17.36 (-5.7%)
The gold and silver ratio ended the week at 70:1
Chart of the week
You Tube Notes to this report
November 7 2016
U.S. Mint Sales Update
U.S. Mint reported selling 150,000 American Silver Eagles and 5,500 American Gold Eagles today.
MTD American Silver Eagles sold 370,000 & American Gold Eagles sold 22,000
YTD American Silver Eagles Sold 34,770,500/American Gold Eagles sold 687,500
You can compare pricing and shipping charges on American Gold Eagles coins of all sizes at these web sites: