In a Friday interview with The Wall Street Journal, Trump said the US dollar, which touched a more-than 14-year high about two weeks ago, has gotten “too strong,” against the Chinese yuan. He told the WSJ, “Our companies can’t compete with them now because our currency is too strong. And it’s killing us.”

The US dollar sank soon after and stock markets in Asia, Europe and North America were mostly down on Tuesday. Gold, silver and bitcoin all skyrocketed.

Gold was up nearly 1% on the day and is up just over 4.84% year to date.

While silver was up over 2% on the day and over 5.2% year to date.

Bitcoin had a tremendous 2016, rising over 129% and spiking up to an average high of $1129.87 on January 4th. It then dropped dramatically after the Chinese government threatened to crack down on bitcoin exchanges, but has now risen nearly 17.5% in the last 7 days!

COULD 2017 BE AN AMAZING YEAR?

Will 2017 be a great year for the precious metals and bitcoin?

It’s all how you look at things and how you are positioned. Some on the internet admonished that “2016 was the worst year ever” because aging celebrities passed away. These people clearly have no idea what a “bad year” looks like.

Of course, it is true, we stand at the edge of a gaping chasm of debt. But, if you are prepared it can not only be survivable… but it can be profitable. Instead of worrying about what might happen, be like in the cartoon below: Purchase precious metals and bitcoin and don’t worry about Trump.

By worrying you are emitting negative energy which only attracts more negative energy. It also creates a lot of stress on your body which manifests in physical ill health.

Educate yourself by registering for our free live webinar on January 24th when TDV’s Senior Analyst, Ed Bugos, will release his top mining stock pick for 2017. It is trading at mere pennies but Ed thinks it will rise exponentially in the next 1-2 years.

Then claim your seat for our all inclusive full day TDV Internationalization & Investment Summit to be held on February 24th in Acapulco, Mexico. You can see it here:

Anarcho-Capitalist. Libertarian. Freedom fighter against mankind’s two biggest enemies, the State and the Central Banks. Jeff Berwick is the founder of The Dollar Vigilante, CEO of TDV Media & Services and host of the popular video podcast, Anarchast. Jeff is a prominent speaker at many of the world’s freedom, investment and gold conferences as well as regularly in the media.

© 2016 Copyright Jeff Berwick - All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

Jeff Berwick Archive

Only logged in users are allowed to post comments. Register/ Log in

The Market Oracle is a FREE Financial Markets Forecasting & Analysis web-site.
(c) 2005-2024 MarketOracle.co.uk (Market Oracle Ltd) - Market Oracle Ltd asserts copyright on all articles authored by our editorial team and all comments posted. Any and all information provided within the web-site, is for general information purposes only and Market Oracle Ltd do not warrant the accuracy, timeliness or suitability of any information provided on this site. nor is or shall be deemed to constitute, financial or any other advice or recommendation by us. and are also not meant to be investment advice or solicitation or recommendation to establish market positions. We do not give investment advice and our comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to enter into a market position either stock, option, futures contract, bonds, commodity or any other financial instrument at any time. We recommend that independent professional advice is obtained before you make any investment or trading decisions. By using this site you agree to this sites Terms of Use. From time to time we promote or endorse certain products / services that we believe are worthy of your time and attention. In return for that endorsement and only in the cases where you purchase directly though us may we be compensated by the producers of those products.