Gold prices are down almost 10% from Trump victory highs, testing down towards $1200 once again and pressing 5-month (pre-Brexit fear) lows. At the same time the USD Index has spiked back above 100 - the highest in over a year - as Offshore Yuan crashes to over 6.85/$, the weakest since inception... Simply put turmoil continues.
..USD Index tops 100...
As offshore Yuan crashes to record lows...
And precious metals are being battered...
The performance from pre-election is fascinating - the risk-off moves as Trump looked like he was winning... until he won Florida and then the panic-buying stocks, dumping bonds...
