* As I said on a prior podcast, this could be the first Presidential Honeymoon to end before the marriage officially begins

* Donald Trump will not be sworn in until Friday

* Yet the Honeymoon already appears to be over for the Trump Trade

* The dollar continues to decline again today; gold continues to rise

* Confounding the experts who, at the beginning of the year, predicted the opposite

* Gold up again today about $14 it was up $4-5 yesterday, on the Martin Luther King holiday

*  We're now at about $1217 for the price of gold

* We're still below where we were the day Trump won

* But this is the highest we've been in about 6 weeks, maybe more

* It's certainly the highest for the year

* Dollar down across the board; dollar index at the low for the year

* Still up from Trump's victory but down quite a bit from the highs

* Of course, other currencies, even though the dollar index is down 2%

* You've got currencies like the Australian dollar up 4.5%

* So that currency has pretty much recovered everything that it lost based on the Trump victory

* Gold, although it hasn't recovered everything, it's still up almost 6% so far year to date

* Silver's up better than 7% year to date

* Gold stocks, look at the GDX, up 12% so far this year

* That means that gold stocks by far is the top performing sector in 2017

* They were by far the top performing sector in 2016

* I actually think the out-performance in 2017 will be even greater than 2016

* The Dow, down again, at one point it was down close to 100

* Dow transports ended down over 100

* I think the Dow is basically flat on the year - slightly positive

* The NASDAQ was down 35 points; S&P down as well

* So U.S. stocks are barely moving

* Foreign stocks - some of these emerging markets are up huge, especially priced in U.S. dollars

* All the foreign markets, thus far in 2017 are beating the U.S. market

* Again, that is not what all the experts were expecting from the Trump Rally


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