With the Trump euphoria pushing the broader markets to new all-time highs, it has impacted precious metals demand considerably… especially in February. Precious metals investors believing the White House “Grandiose plans”, of making American great again, have cut back seriously on their precious metals buying.
There seems to be a percentage of the alternative community that believe Trump will actually put the U.S. back to the way it was in the 1960’s. And that is, back to a manufacturing powerhouse with high-paying jobs. While this would be a wonderful thing to do, the disintegrating ENERGY situation in the future just won’t allow it to happen.
Regardless, Western demand for precious metals declined considerably in February versus the same month last year. I used to spend more time publishing articles on gold and silver demand, but have refocused my analysis on how energy will impact the precious metals, mining and the overall economy.
This article is for information purposes only.
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