Since my last couple of posts we have had a few updates that are important to the future price action of Gold. President Donald Trump came out a few days ago with a statement regarding monetary policy. He said that the Federal Reserve should lower interest rates because they are going to hurt the economy by continuing QE. He also thinks that we should be doing more QE not QT. What President Trump did was put all the blame of any future financial crisis on the shoulders of the Federal reserve. This has put them in a bad position because if they continue on course with interest rate hikes then they will be solely to blame (by the masses at least) for the next recession. The Federal reserve will lose credibility and that is a big problem for their product, Debt and the US Dollar. I think By gaining the attention of the media and the masses via twitter and mainstream media, President Trump is going to force the Federal Reserve to do a complete 180 and start the next round of stimulus sooner than most people believe. I think that Donald trump and his administration are taking a more proactive stance on the economy where the Federal Reserve is, for the most part trying to maintain confidence and stick to their plan. Unfortunately their plan will end up forcing them to be reactive after the damage has already been done. I think that Gold will benefit most from this situation.