In an election outcome that will rock the American establishment and set a bold new course for the United States, Donald J. Trump was declared President-elect shortly before 3:00 am eastern (Pennsylvania put Trump over the finish line) in what will surely go down as one of the greatest political upsets ever.
Donald Trump, elected 45th President of the United States late Tuesday evening.
“I will be president for all Americans,” the blue collar billionaire vowed in a humble, graceful victory speech before supporters in New York.
The Washington outsider’s victory is a repudiation of the political and media elite, the status quo, and the “progressive”, globalist agenda.
A new type of American leadership is emerging.
“No dream is too big. No challenge is too great. Nothing we want for our future is beyond reach…we must reclaim our country’s destiny and dream big and bold and daring,” Trump declared.
“For those who have chosen not to support me in the past, of which there were a few people, I’m reaching out to you for your guidance and your help so that we can work together and unify our great country. As I’ve said from the beginning, ours was not a campaign but rather an incredible and great movement, made up of millions of hard-working men and women who love their country and want a better, brighter future for themselves and for their family.”
Trump will also have the support of a Republican majority in both the Senate and the House. Controlling Congress and the White House will let the GOP swiftly pass legislation that reverses many of President Obama’s policies that have suffocated the business sector in recent years.
Dow futures tumbled more than 800 points and Gold shot up by more than $50 an ounce as it became clear that Trump was positioned for victory. However, market jitters appeared to be put at ease with Trump’s Reaganesque speech that clearly struck the right tone in his first address as President-elect.
and the V-Shaped recovery began overnight.. oil was down 2 bucks now even.. like holy crapola!!! lets hope gold can hold 1300…what a ride!!
Comment by Jeremy — November 9, 2016 @ 5:02 am
oh and btw.. 6 states ratified recreational weed… look out above!!!!
Comment by Jeremy — November 9, 2016 @ 5:16 am
GBB drill results:
http://www.stockwatch.com/News/Item.aspx?bid=Z-C:GBB-2419621&symbol=GBB®ion=C
Comment by bob — November 9, 2016 @ 5:25 am
The sun is rising this morning, Jeremy, even for CNN and the CBC…
AND LOOK AT THE NUMBERS FOR WALKER RIVER RESOURCES THIS MORNING…
Highlights Include:
RC drill hole LC 16-10 intersected 77.6 grams per tonne gold over 12.2 meters uncut (15.4 g/t cut) from 54.9 to 67.2 meters.
A second zone in RC drill hole LC 16-10 intersected 48 grams per tonne gold over 13.7 meters uncut (7.2 g/t cut) from 1.5 to 15.2 meters.
RC drill hole LC 16-11 intersected 39.2 grams per tonne gold over 9.2 meters uncut (10.5 g/t cut) from 15.2 to 24.4 meters.
Comment by Jon - BMR — November 9, 2016 @ 5:31 am
Hey Jon.. WRR – wow for sure.. GBB.. not sure.. CNN was so funny.. they wanted to believe so badly that crooked HRC had a chance.. they werent hiding the fact that they were biased… was comical to watch!!!
the world is still standing today… even tho the cdn immigration website crashed:) LOL
Comment by Jeremy — November 9, 2016 @ 5:44 am
Just another normal day! I thought it would of been way more volatile
Comment by Greg — November 9, 2016 @ 5:59 am
Hopefully Gbb starts to move. Been waiting way too long on that one
Comment by Matt — November 9, 2016 @ 6:01 am
Gold only up 2%, and usd index back in the green. Wtf?
Comment by Sameer — November 9, 2016 @ 6:08 am
dow only down 200pts or so! Gold 1300…..
Comment by STEVEN1 — November 9, 2016 @ 6:10 am
COPPER MOVING UP THIS WEEK?!!!
Comment by STEVEN1 — November 9, 2016 @ 6:11 am
wow look at copper go!
3 more states where pot is legal
http://www.nytimes.com/2016/11/09/us/politics/marijuana-legalization.html
Comment by Mmurphy — November 9, 2016 @ 6:39 am
Trump played this like a true politician – sells the people by pulling on their heart strings then the minute he’s elected he’s all politician – I don’t expect to see much change he will change his colours and fit in with the rest of Washington – he pretty much states that in his acceptance speech by reaching out the to republicans he stepped on for their help. Gotta hand it to him, well played. All that reality TV experience sure helped his acting.
Comment by Mmurphy — November 9, 2016 @ 6:57 am
a grand slam for the republicans.
I was sure that trump would win. the American working people have spoken, much to the” disarois ”of CNN CBS NBC … and katy paris… lol.
Comment by herman — November 9, 2016 @ 7:02 am
Why trump won Florida. I have some first hand history from this. It was close with broward county waiting to come in. Broward county is a democratic section of florida. (Miami area, all Latino’s). I was there in April. Talked to a Peruvian lady working in a gas station. She talked her displeasure about Cuban’s getting automatic citizenship as soon as their feet touch american soil. The Latino community in Miami is outraged over this. They knew trump would correct this. Broward county threw Hillary out to the wolves and voted Trump.
Comment by dave — November 9, 2016 @ 7:04 am
Yes, agree President-elect Trump’s speech was smart and helpful. Change is good. Jon, now that WRR has released results (nice numbers at that) and 4200m of 6000m to take place, i would be interested in your/BMR analysis of the results and the charts moving forward. Clearly new level of support and curious about new levels of resistance.
Thanks kindly
Foz
Comment by Foz1971 — November 9, 2016 @ 7:18 am
Indeed, they have spoken…Hillary’s “basket of deplorables” revolted big-time, a lesson she and other elitist politicians should never forget…Trump has a chance to be one of the greatest transformational Presidents in American history, a lot of raw talent and a new way of looking at things as a businessman and non-politician…people need to give him a chance – he deserves that after what the media and others have put him through…
Comment by Jon - BMR — November 9, 2016 @ 7:20 am
I am having a hard time in not thinking a billionaire who grew up with a silver spoon living a life in excess (trump tower) with a model is not elitist?
Comment by Mmurphy — November 9, 2016 @ 7:25 am
Completely agree murphy
Comment by Sameer — November 9, 2016 @ 7:29 am
Hi Jon, thanks, I see an update forthcoming on WRR in morning musings….
Comment by Foz1971 — November 9, 2016 @ 7:31 am
I think a lot of the wannabe Celebrity Apprentices who voted for Trump will rue their votes.
Everything he has said has been chosen only to garner votes to be elected and to further his narcissism. He has no program. His economic proposals are a cipher other than to give a ton of money back to the 1% like himself and then proceed with the magical thinking that things will be ‘great’. What’s needed instead, is to take money from the super elite and give some breaks to the middle class so they can afford to buy things.
The Democrats inherited a world economic fiasco, in danger of complete collapse, and have done pretty well, in spite of Republican complete stonewalling. The world economy is in a fragile, dangerous state. Lets’s hope that with a Trump return to gilded age economics and unclear threats to world trade, that we don’t wind up with a D. Hoover Trump.
Foreign policy wise it gets worse—the reason dozens of former Republican foreign policy people were against him. There are many powder kegs developing in the world and you expect this guy to handle things in a calm, rational manner?
To the Canadian Trumpsters–nuclear fallout wouldn’t stop at the border.
Comment by Carl — November 9, 2016 @ 7:40 am
Well put Carl – “Everything he has said has been chosen only to garner votes to be elected and to further his narcissism”
and the people fell for it hook line and sinker.
Comment by Mmurphy — November 9, 2016 @ 8:03 am
Dave, any thoughts on PMA? You mentioned BMO accumulating a few days ago and today at $0.055 on really low volume.
Comment by omega — November 9, 2016 @ 8:06 am
“the election is rigged”. but hey, ill take that office just the same. this is gonna be a weird 4 years
Comment by david — November 9, 2016 @ 8:41 am
I still like PMA. TA showing down. Should have a strong december.
Comment by dave — November 9, 2016 @ 9:27 am