It’s a while since I last posted on this website and suggested investors follow two of Keynes’s pithy suggestions:
1: Anticipate the actions of others and 2: follow Keynes’s advice and, when, the facts change, change your strategies..
When Trump was elected President in 2016 the Republicans won both Houses of Congress. Subject to meeting the objections of elected Republicans Trump could achieve his policy objectives.
Since the Democrats won the House in the mid term elections, the facts have changed big time. Contentious issues will now face legislative gridlock and from January 2nd 2019, next Wednesday, Trump will have to answer to House Democrats with subpoena powers.
Small surprise that financial markets are tanking . Investors are changing their strategies. With increased demand the gold price has risen by about 5% recently and, with renewed interest in gold, I am being urged to develop again an independent and unbiased source of information on the range of issues affecting demand for gold and gold prices. A resource without the hype or information overload found in many gold related information sources
Please let me know if you have any suggestions for content on this web site that you would find useful.
Best wishes to all friends and followers for a happy New Year.