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BETAPRO SP500 VIX ST FTRS 2X DLY BULL T.HVU



TSX:HVU - Post by User

Comment by bulltraderron Nov 13, 2016 6:03pm
79 Views
Post# 25454957

RE:RE:RE:RE:RE:RE:RE:Trump effect on stocks market and gold

RE:RE:RE:RE:RE:RE:RE:Trump effect on stocks market and goldOvernight decision by the GOI (on Nov 8) could bullish for Gold in the long term IMO. India is the biggest gold buyer & in the recent days Indiaa Government decided apply restrictions on any undeposited cash. Public has only few days to deposit the old bills of RS 500 & RS 1000 with a proof of income.  Because of these restrictions in place to deposit, tons of people are throwing these bills in garbage & burning their RS 500 & 1000 who cannot find anyway to deposit this Cash. Plus nobody in India is accepting these bills anymore except the banks anymore. I guest the biggest Currency Note/Bill in India is RS 1000.  These efforts are to control all the black money & bring that cash back into the economy. People in general will relay on Gold in the future who relays on this kind if business IMO.  Instead of accepting the cash, they might prefer the Gold payments. Who knows but this is my 2 Cents. Just Google it to find more. DYDD before investing in anything.
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