RE:RE:US tax reform passed , US dollar strong , gold downOn the very contrary: Less tax receivables equals to less USD yield -> DXY down.
If the gov gets less USD from its people (tax slaves) to pay down its debt (actually interest only),
then the value of the currency is being less backed up and shall fall.
Gold should continue to walk up.
Just read a note where Russia + China will create a real physical gold benchmark,
in contrast to London - i.e. price discovery via real physical trades as in just paper gold
starting in 2018.
Another 2018 forecast is gold sport to be above $1300/oz.
Besides gold, companies saving some cash due to this tax reform may benefit of course,
that goes without saying - but the USD is surely the victim here.