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Gold bugs blindsided by Trumpflation

Posted on 22 November 2016

Investors wrongfooted by second major surprise that prompted a flight from havens. What’s bugging gold? The election as US president of a political neophyte with questionable temperament was supposed to be a sweet moment for gold, perhaps the best-known haven when markets or politics get a little hairy.
And it was, briefly. The yellow metal shot up 4 per cent in the early hours of November 9, as investors digested the year’s second major political upset after the UK’s vote for Brexit…………………………………….Full Article: Source


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