Consumer Expectations Soar Along with
Anticipated Changes from the Incoming Administration

Yet, the Near-Term Domestic Economic Outlook Remains Bleak,
Fueling New Fiscal Stimuli but Frustrating Fed Policies

With Resurgent Pressures on the Fed to Expand Quantitative Easing, and with
Global Markets Refocusing on Long-Range U.S. Treasury Solvency Issues,
Massive Selling of the U.S. Dollar and Stocks Is Highly Likely by Mid-2017

Serious Inflation Problems Should Accompany the Dollar Selling;
Precious Metals Remain the Primary Inflation Hedge

Since the Onset of the Millennium,
Gold Still Has Outperformed Stocks, Including Reinvested Dividends,
Despite Recent Heavy Gold Selling and Stocks near All-Time Highs