By: Neils Christensen
(Kitco News) – Gold’s rally in 2017 will depend entirely on how effective the rollout of President Donald Trump’s economic and fiscal policies – dubbed Trumponomics – will be, which is making one portfolio manager slightly more bullish.
Michael Pento, president of Pento Portfolio Strategies
In an interview with Kitco News, Michael Pento, president of Pento Portfolio Strategies, said that there was a lot of euphoria in financial markets after Trump’s election win; however, reality is starting to set in now and there is growing concerns that Trump’s proposals will be watered down and delayed, reducing their effectiveness.
By: Neils Christensen
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