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Trump and Gold

Donald Trump's election as next US president has given the gold price a short-term 'uncertainty' trading boost. However, Trump's keen interest in the gold standard is a trend worth watching over the next 4 years.

Stunned Global Markets Wake Up To President Trump

As it dawned on markets that they had been caught dead wrong for the second time in half a year, first with Brexit and then with the historic election of Donald Trump, their reaction was identical: a slow selloff at first, followed by a furious dump, which led to a limit down halt in NASDAQ and Emini future trading. However, turbulence calmed as investors reassessed the effects of Donald Trump’s surprise victory in the U.S. presidential election.

Former Bank of America Banker Found Guilty Of Two Murders, Jailed For Life

The defendant was “so morally corrupted by pornography, drugs and alcohol, and a general life of debauchery with a huge salary to fund his depravity,” judge Stuart-Moore said. Jutting was considered “a high risk person” and “the repetition of the offence of murder is highly likely if he is given his liberty in the future,” he said.

The Day Arrives: Global Stocks Higher, US Futures Lower As America Begins Voting

The day has finally arrived and as of minutes ago voters in eastern states have begun voting for the next US president. Polls are open in eight states, including battlegrounds Virginia and New Hampshire, as well as in New York, where Clinton votes at a public school in Chappaqua, Trump at a public school in Manhattan.

In Surprising Move China Replaces Finance Minister, Ending Hope For Reform

In a stark and unexpected development, one which could have significant consequences for the future of China's economic reform push, on Monday Beijing unexpectedly removed Lou Jiwei, its highest-profile finance minister in years. His removal raises questions about whether reform-minded officials are being sidelined as Beijing prioritizes short-term growth over major overhauls.

US Futures Flat, Rebound From Session Lows On Rising Election Jitters

Asian stocks, S&P futures and European shares trade flat as a tightening race for the U.S. presidency spurs demand for haven assets including the yen while weighing on stocks and Mexico’s peso. A turbulent overnight session saw some early risk off following the plunge in Facebook shares and the Fox News report that an FBI probe into the Clinton foundation may lead to a "likely indictment."

How Politics Poisoned The Economy

There was only one officer for every 10 enlisted men when the U.S. won World War II. Now there are twice as many officers and four times as many generals – and we haven’t won a war since. As President Reagan’s chief budget advisor David Stockman foresaw 30 years ago: we are seeing the final “triumph of politics.” The elections are just a sideshow.