Only thing missing in this story is the usual "Indian Wedding Season" stuff....
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"Geopolitical risk" was higher the day after Trump got elected if you think about it....and gold sold off.
IMO gold is mostly higher because the Fed is sounding more dovish and the $US is flat/down.Treasuries are still forecast to move higher (yield)
The only other "safe" spot for $$ would be Yen...but its already historically quite high.
PS
The Globe should discuss the effects of Japan's economy/currency/huge US Treasury holdings etc more often.