Dow and NASDAQ are now skyrocketing up, Gold is solid, anyone know why?

[TPC]

???
How come?

 

[RodnJen]

They are selling out of bonds, yields are rising.

 

[shueman]

<1% change, but better than the other direction !~!:thumbup:

 

[TPC]

Reversed earlier losses, strong & stabilizing.

 

[MissB]

They reported last night that we would likely see the dow down this morning. And one news outlet actually reported the market tanked this morning.... it was up this morning and gaining. Just another realization of the liberal media's outright lies.

 

[Dirtbag]

Simple.

Trumps speech last night. He was Humble. If he had been his typical self the market woulda went sideways.

For the first time he acted presidential. He talked about bringing people together from all sides. His speach last night set everyone who matters at ease. They know hes not gonna go apeshit and that hes gonna work to bring everyone together which he has done his whole life. The demeanor at which he delivered his speach and the fact he thanked Hillary for her service went a long way!

 

[Andy B.]

Simple.

Trumps speach last night. He was Humble. If he had been his typical self the market woulda went sideways.

For the first time he acted presidential. He talked about bringing people together from all sides. His speach last night set everyone who matters at ease. They know hes not gonna go apeshit and that hes gonna work to bring everyone together which he has done his whole life. The demeanor at which he delivered his speach and the fact he thanked Hillary for her service went a long way!

EXACTLY!!!!!

 

[JRS1939]

Speech, dirtbag, speech! &#128514;

 

[Uncle Dave]

A large part of the gold market sees the metal as a safe harbor- a hedge to currency.

IF Gold rises a lot that indicates at least in part that there is uncertainly about the dollar and the markets and one is better off placing in a " safe" place than holding US dollar or stocks.

I dont see much movement to indicate either way at the moment- its on a slow gentle climb likely to keep repeating the cycle of whats happened in the last 10 years.



UD

 

[Mandelon]

Republican control of both houses, white house and the courts.... should be stable and hopefully reign in the retarded spending of the past decades.

 

[LuckyDaze]

Republican control of both houses, white house and the courts.... should be stable and hopefully reign in the retarded spending of the past decades.

Just like the last time they reduced spending when they had a majority?

Wait... all both sides have done is bloat our spending and government presence.