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Precious metals now seem to have become options for shorting Trump.
The more chaos Trump causes, undermining the credibility of the dollar, the independence of the Federal Reserve, and invading other countries, the more buying of precious metals there is. Today, I heard some news that not only Asian market funds are buying in, but also oil baron funds are purchasing precious metals. It’s very much like the German oil baron capital before World War II buying precious metals for safe-haven.
This vividly turns safe-haven assets into risk assets' rally😂