Gold hits $3,340 as dollar crashes 11% - here's what traders need to know
Key Points
- Gold is soaring to $3,340 an ounce as the dollar faces its w...
Gold just hit $3,340 an ounce while the dollar is having its worst year since Nixon was in office. If you're wondering whether to panic or party, let's break down what's actually happening in this shiny mess.
Trump's $4.5 Trillion Tax Cut Creates Golden Opportunity
President Trump just pushed through a spending package that would make a lottery winner blush - $4.5 trillion in tax cuts paired with $1.2 trillion in spending cuts. The math here is delightfully simple: that's still a $3.8 trillion hole in the budget. When governments spend money they don't have, their currency typically gets...
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