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U.S. Dollar Strengthens on Likelihood of Trump Nomination - Nathan McDonald

From the archives of sprott money news

May 4, 2016

 

The U.S. dollar is moving sharply higher. This may come as a surprise to many, as it is widely known among the precious metals community just how abused and taken advantage of this fiat currency is.

 

Yet, as of this morning, it is indeed moving higher. Why is this? Could it have something to do with the unfolding news around the Republican nomination? This is incredibly likely.

 

Just last night, it has been all but guaranteed that Donald Trump, the hard-nosed, say it as it is, contender for the White House, will be the nomination for the Republican party. Decimating his one true remaining rival Ted Cruz in Indiana, he has forged a path forward that will see him taking on either Hilary Clinton or Bernie Sanders in the race for the White House.

 

So what does this have to do with the U.S. dollar moving higher? It has a lot to do with it, as Donald Trump has not been shy about what he plans on doing once in power. He plans on doing something that hasn't been done for decades in the West - he plans on taking care of HIS country first and HIS people first, rather than trying to be the watchdog and policeman for the rest of the world.

 

These past actions and ongoing actions have resulted in an America that is completely and utterly broke, morally and economically. The people know this and are ready for some real change. They are ready to start rebuilding themselves and their country.

 

Despite the almost never-ending attacks from his own party and the mainstream media, Donald Trump has been able to persevere, proving the fact that people are indeed ready. The U.S. dollar is further reinforcing this, as "taking care of America first" means that the hollowing out of America will cease and manufacturing will return back home, causing a boom in job growth.

 

This will result in a flourishing economy, the likes of which hasn't been seen in America for decades. If this trend is able to reverse, then America just might have a chance of turning off the path of total collapse that it currently finds itself on.

 

This is a lot of "what if's" and "maybes" but unfortunately, the loud-mouthed Donald Trump is the best shot that the West has for getting back "on track" and hopefully, eventually turning things around and getting us back on the path towards prosperity.

Don’t miss a golden opportunity.

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About the Author

Nathan McDonald is a libertarian, entrepreneur and precious metals enthusiast. He has always taken a keen interest in free markets and economics since an early age, which naturally led him to become a true believer in precious metals and all that they stand for.

Nathan served eight years in the Royal Canadian Navy as an electronics technician, seeing the true state of the world, before starting his first successful business. He has since gone on to create a number of businesses, all of which are still in operation and growing.

In addition to this, Nathan runs a network of successful precious metals blogs, and a growing newsletter that has attracted readers from all around the world. He is a regular and highlighted writer for the highly respected Sprott Money Blog, which covers world events, geopolitics and of course precious metals.

*The author is not affiliated with, endorsed or sponsored by Sprott Money Ltd. The views and opinions expressed in this material are those of the author or guest speaker, are subject to change and may not necessarily reflect the opinions of Sprott Money Ltd. Sprott Money does not guarantee the accuracy, completeness, timeliness and reliability of the information or any results from its use.

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