TL/DR
Trump’s Economic Reality: While the plan is ambitious, political constraints and market dynamics suggest compromises are inevitable.
Weak Dollar is Central: If tariffs cannot be implemented, a weaker dollar becomes the primary tool for achieving Trump’s growth agenda.
Market Implications: Investors are already adjusting to this reality, with dollar weakness leading the charge. The USD will weaken, Gold and Silver will continue rallying
Outlook for Gold, Silver, and the Dollar
Gold and Silver: Prices will likely remain influenced by dollar movements. If the dollar weakens further, both metals should see more upside even though their downside ignored USD strength this past year.
The Dollar: The market is already pricing in the challenges Trump faces in implementing his full agenda. A weak dollar *strategy* appears increasingly likely as a fallback to support exports and mitigate political resistance.
Contents:
Intro: Trump Declares War on The Fed
Pod: Why Gold and Silver Keep Rising
Podcast Outline
Written Version
Intro: Trump Declares War on The Fed
Good morning. In light of Trump's statement yesterday, in the attached video, strongly conveying his desire for lower rates and suggesting that Fed Chair Powell will give him those lower rates, this is very timely. War has effectively been declared on the Fed as part of Trump's plan to make America great again, fiscally. The simple point is this:
