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Tariff Man Strikes Again

August 21, 2019

Brought to you by:

Advance Gold (AAX.V) - Sirios Resources (SOI.V)

Walker River Resources (WRR.V)

 

Trump is at it again, trying to fight a trade war with the America's largest trading partner. Not only is China a crucial trading partner, they sit on a mountain of US debt and US dollars.

 

You can find more on "Tariff Man" Trump's comments on the trade dispute with China in this article. https://www.cnbc.com/amp/2019/05/05/trump-says-tariffs-on-200-billion-of-chinese-goods-will-increase-to-25percent-on-friday.html?__source=iosappshare%7Ccom.apple.UIKit.activity.PostToTwitter&__twitter_impression=true

 

The currency market doesn't like the Tariff Man routine. I can see this put pressure on the USD dollar and cause a rally in gold.

 

All the best,

 

Allan

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