{"id":15300,"date":"2017-05-18T18:29:36","date_gmt":"2017-05-18T22:29:36","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=15300"},"modified":"2017-05-18T18:29:36","modified_gmt":"2017-05-18T22:29:36","slug":"trump-turmoil","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2017\/05\/18\/trump-turmoil\/","title":{"rendered":"Trump Turmoil"},"content":{"rendered":"

Discussion of a possible impeachment action against President Donald Trump is rife in the media<\/a> and seems to have spooked financial markets.<\/p>\n

The Dollar Index fell through support at 98.50, signaling another decline. The long-term target is 93.00.<\/p>\n

\"Dollar<\/p>\n

Gold rallied, breaking through resistance at $1250\/ounce. Follow-through above $1300 would signal another advance, with a target of the 2016 high at $1375.<\/p>\n

\"Spot<\/p>\n

Dow Jones Industrial Average retreated from resistance at 21000. Expect a test of medium-term support at 20400. Reversal below 20000 would be cause for concern.<\/p>\n

\"Dow<\/p>\n

The S&P 500 is headed for a test of medium-term support at 2320. Breach would likewise signal a strong correction.<\/p>\n

\"S&P<\/p>\n

We are likely to get a secondary correction but I expect the bull market to continue. Impeachment of Trump would be a temporary setback and would make me more bullish on the long-term outlook.<\/p>\n

\n

It’s probably better to have him inside the tent pissing out,
\nthan outside the tent pissing in.\n<\/p>\n

\n~ President Lyndon Johnson on FBI Director J. Edgar Hoover whom he mistrusted\n<\/p>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"

Discussion of a possible impeachment action against President Donald Trump is rife in the media and seems to have spooked financial markets. The Dollar Index fell through support at 98.50, signaling another decline. The long-term target is 93.00. Gold rallied, breaking through resistance at $1250\/ounce. Follow-through above $1300 would signal another advance, with a target … <\/p>\n

Continue reading “Trump Turmoil”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9,57,34,35],"tags":[1073,1113,3010,3204],"class_list":["post-15300","post","type-post","status-publish","format-standard","hentry","category-gold-precious-metals","category-stock-markets","category-us-canada-countries-regions","category-us-dollar-index","tag-dollar-index","tag-dow-jones-industrial-average","tag-sp-500","tag-spot-gold"],"yoast_head":"\nTrump Turmoil - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trump Turmoil - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Discussion of a possible impeachment action against President Donald Trump is rife in the media and seems to have spooked financial markets. The Dollar Index fell through support at 98.50, signaling another decline. The long-term target is 93.00. Gold rallied, breaking through resistance at $1250\/ounce. 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Bitcoin plunged to below 70,000, warning that markets are shedding risk. Gold recovered above $5,000 per ounce amid growing investor demand for a safe haven. The\u2026","rel":"","context":"In "Cryptocurrency"","block_context":{"text":"Cryptocurrency","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/forex\/cryptocurrency\/"},"img":{"alt_text":"Dow Jones Industrial Average","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2026\/2026-02-10-dow.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2026\/2026-02-10-dow.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2026\/2026-02-10-dow.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":61734,"url":"https:\/\/thepatientinvestor.com\/index.php\/2025\/05\/21\/gold-rallies-as-the-dollar-weakens-2\/","url_meta":{"origin":15300,"position":2},"title":"Gold rallies as the dollar weakens","author":"Colin Twiggs","date":"May 21, 2025","format":false,"excerpt":"Summary The S&P 500 is consolidating below 6000, and financial market liquidity is improving However,\u00a0US stocks are underperforming their global counterparts Gold rallies as LT Treasury yields rise and the dollar weakens The S&P 500 is consolidating between 5800, its former primary support level, and 6000 on the weekly chart\u2026","rel":"","context":"In "Banks & Interest Rates"","block_context":{"text":"Banks & Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"S&P 500","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-05-21-spx.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-05-21-spx.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-05-21-spx.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":62125,"url":"https:\/\/thepatientinvestor.com\/index.php\/2025\/07\/14\/silver-spikes-on-trump-tariff\/","url_meta":{"origin":15300,"position":3},"title":"Silver spikes on Trump tariff","author":"Colin Twiggs","date":"July 14, 2025","format":false,"excerpt":"Summary Silver spikes as Trump announces 30% tariff on imports from Mexico Stocks are bullish, while the dollar and Treasuries remain bearish Gold edges higher on dollar weakness Donald Trump announced a 30 percent tariff on imports from Mexico and the European Union starting on August 1, the latest escalation\u2026","rel":"","context":"In "Banks & Interest Rates"","block_context":{"text":"Banks & Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"Spot Silver","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-07-11-silver.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-07-11-silver.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-07-11-silver.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":9958,"url":"https:\/\/thepatientinvestor.com\/index.php\/2014\/05\/29\/gold-tumbles-as-treasury-yields-fall\/","url_meta":{"origin":15300,"position":4},"title":"Gold tumbles as Treasury yields fall","author":"ColinTwiggs","date":"May 29, 2014","format":false,"excerpt":"Overview: Treasury yields fall The Dollar strengthens slightly Stocks are rising Gold breaks support Interest Rates and the Dollar The yield on ten-year Treasury Notes broke primary support at 2.50 percent, warning of a decline to 2.00 percent*. Reversal of 13-week Twiggs Momentum below zero confirms weakness. Recovery above 2.80\u2026","rel":"","context":"In "Fixed Income"","block_context":{"text":"Fixed Income","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/fixed-income\/"},"img":{"alt_text":"10-Year Treasury Yields","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/2014-05-29-tnx.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/2014-05-29-tnx.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/2014-05-29-tnx.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":62114,"url":"https:\/\/thepatientinvestor.com\/index.php\/2025\/07\/11\/bitcoin-blast-off-bullish-for-sp-500\/","url_meta":{"origin":15300,"position":5},"title":"Bitcoin blast-off bullish for S&P 500","author":"Colin Twiggs","date":"July 11, 2025","format":false,"excerpt":"Summary Bitcoin reaches a new high The bullishness is expected to spill over into stocks Bitcoin blasted through resistance at 110K, reaching a new high at 117.6K, signaling a surge of animal spirits in financial markets. The result is bound to be bullish for US stocks. The S&P 500 recovered\u2026","rel":"","context":"In "Banks & Interest Rates"","block_context":{"text":"Banks & Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"Bitcoin (BTC)","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-07-10-btc.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-07-10-btc.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-07-10-btc.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/15300","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=15300"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/15300\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=15300"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=15300"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=15300"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}