Despite the price of gold today (Friday, Feb. 3) falling 0.1% to $1,218 this morning, the metal is about to cap off a big weekly gain thanks to the recent craziness in the White House.
In the second week with Donald Trump in the oval office, there’s been no shortage of political events bringing instability and volatility to the markets.
And this is likely just the beginning.
The new president has already signed no less than 19 executive orders, impacting many aspects of Americans’ and non-Americans’ lives.
Perhaps the most controversial is the temporary ban on people entering the United States from one of seven majority-Muslim nations. This led to large protests, scores of people unexpectedly stuck in foreign and U. S. airports, and the firing of the acting attorney general for defying the travel ban.
Layered on top this were executive orders to build the Mexican border wall, rebuild the military, and reorganize the National and Homeland Security Councils.
This post was published at Wall Street Examiner on February 3, 2017.
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