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Wednesday, May 17, 2017

GOLD HITS 2-WEEK HIGH

It looks like the market is responding to chaos in the white house.  The New York Times report said President Trump tried to influence an FBI probe into links between his inner circle and Russia.  It doesn't look promising for Trump's growth agenda.

Gold for June delivery gained $22.30, or 1.8%, to settle at $1,258.70 an ounce.  The U.S. dollar fell 0.4% to 97.69.  Silver briefly hit 17.00 an ounce this afternoon.

More Trump drama to come?


Mike      

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