April 4, 2018

Gold got a bump this morning and is trading at $1,346.40, up $13.30, as fears of a trade war escalated last night after President Trump announced tariffs on approximately $50 billion in Chinese imports.  China responded by announcing tariffs on over 100 US products ranging from soybeans to automobiles.  Equity markets are responding to the escalating situation with pre-market futures down significantly across three major indices.