Gold price firms in holiday-thinned trade, spotlight on Fed and Trump policies
The yellow metal has gained 27% so far this year.
Donald Trump is now accepting payment in gold.
A commercial tennant who needed to make a security deposit in one of Trump’s New York buildings, 40 Wall Street, paid in three 32 oz. gold bars, equivalent to $176,000.
Trump, who flirted with a run for President as the Republican nominee, is a critic of the Obama administration.
”It’s a sad day when a large property owner starts accepting gold instead of the dollar. The economy is bad, and Obama’s not protecting the dollar at all….If I do this, other people are going to start doing it, and maybe we’ll see some changes,” Trump told the The Wall Street Journal.
Image by Gage Skidmore
