Aftermath

The U.S. election result has sent the bond market reeling and the POSX soaring. As such, you can imagine... and I'm sure you've already seen ...the reaction in gold, silver and the entire commodity complex. It's a damaging day but it's just that...a day. Let's try to assess the situation and keep our wits about us as we begin to look ahead to what another Trump presidency implies for the "markets".

Let's begin with the results from yesterday. Thankfully, the margin of victory was large enough that we won't have to endure days and weeks of legal challenges and questions. Instead,...