David and Kevin discuss President Trump’s recent visit to the United Nations, China’s decision to buy gold and oil in droves, and how the markets are reacting.
President Trump Visits the United Nations and Threatens North Korea
Listen to “The Kevin McCullough Show – Trump Drops a Bomb on the U.N.” on Spreaker.
Show Notes:
– President Trump appears before the U.N. and criticizes their wasted spending. Also threatens North Korea for continuing to pursue their Nuclear Weapons program. North Korea responds by promising to speed up their efforts.
– Markets showed no reaction to his visit or North Korea’s response. All 3 major indexes are up.
– China is shocking the markets by deciding to buy gold and oil and dump U.S. Treasuries. This is bad news for the U.S. Dollar but good news for gold and gold investors as increased demand will drive up the value of gold.