After two days of significant increases across the board, metal values have slowed and even dipped for platinum and palladium.
The Uncertainty Surrounding Trump
Trump ran his presidential campaign on the promise that he would take action to rescue the economy, which included plans for tax reform, repealing and replacing healthcare, greatly reducing federal debt, massive spending on infrastructure, and more. However, he’s floundered or flip-flopped on several of these issues. Many people are uncertain about the administration’s ability to uphold their promises, and the market is reacting accordingly. US stocks have stalled since closing at an all-time high in early March. Investors are now flocking toward safe haven assets like government bonds and gold, which has increased seven percent in just one month.