BullMarketRun.com

Gold has moved little on this historic day with Donald Trump now in the White House, though the trend over the past couple of hours has been a gradual firming up in bullion and some weakness in the greenback…as of 11:00 am Pacific, Gold is up $1 an ounce at $1,206…Silver is unchanged at $16.98…Copper is steady at $2.59…Nickel has slid another 6 cents to $4.39…Crude Oil has climbed $1.16 a barrel to $52.53 while the U.S. Dollar Index is down one-fifth of a point at 100.96…

The Barack Obama era is now over…Donald J. Trump was sworn in as the 45th President of the United State this morning and then delivered a powerful populist message with the shortest inaugural address (1,433 words and just 16 minutes) in 40 years:  “We are transforming power from Washington, D.C., back to you, the people,” Trump proclaimed early in his speech…

President Trump will turn Washington upside-down given the fact he enters the White House with very different life experiences and a unique perspective on how government should operate…how that impacts the markets will be fascinating to watch…he’s the only President who has never had previous government or military service – for that reason, he has a tremendous opportunity to become one of the most transformational Presidents in American history…he has started a movement, one that could gain much more acceptance over the next couple of years depending on results…

Donald Trump was sworn in this morning as the 45th President of the United States.

At a time when partisanship should be put aside and all Americans should celebrate the blessing of a peaceful transition of power and wish the best for a new President, as they rightly did for Obama in 2008, many Democratic members of Congress boycotted today’s inauguration…that will be their loss, however, when the history books look back at this important day…

Meanwhile, on his first full day in office, President Trump will be greeted by what could be one of the largest political protests in the U.S. in recent memory…throngs of demonstrators, perhaps 200,000 or even more, are expected to gather tomorrow morning for the Women’s March on Washington, D.C. – likely just the beginning of anti-Trump protests and definitive proof that many alt-left groups see the new President and Republican Congress as a serious threat to reverse much of the Obama “legacy”…the “establishment” is also nervous, and so it should be…it’s time to start doing things differently and the blue collar billionaire will be a man of action in the Oval Office, often unconventional, just as he has been in business and since launching his political career only 18 months ago…countless people have made the mistake of underestimating him (many still are)…

Canadian Prime Minister Justin Trudeau issued a congratulatory statement as Trump was sworn in as America’s new President:

“On behalf of the Government of Canada, I would like to extend my congratulations to Donald J. Trump on his inauguration as 45th President of the United States of America.  Canada and the United States have built one of the closest relationships between any two countries in the world. This enduring partnership is essential to our shared prosperity and security. Together, we benefit from robust trade and investment ties, and integrated economies, that support millions of Canadian and American jobs. We both want to build economies where the middle class, and those working hard to join it, have a fair shot at success. Canada and the United States have unparalleled cooperation on matters of national security, and have always worked side by side to protect our citizens and ensure our shared border is secure.  We look forward to working with President Trump, the U.S. Administration, the 115th Congress, and officials at the state and local levels to restore prosperity to the middle class on both sides of the border, and to create a safer and more peaceful world.”

Crude Oil Update

After yesterday’s International Energy Agency’s monthly report suggested global oversupply is easing, Crude Oil got another boost today on expectations that a weekend meeting of the world’s top Oil producers would demonstrate compliance to a global output cut deal…Saudi Arabia’s energy minister said that 1.5 million barrels per day had already been taken out of the market…

Oil futures held gains after Oilfield services firm Baker Hughes reported within the last hour that its weekly count of Oil rigs operating in the U.S. increased by 29 to 551, compared with 522 at this time last year…that marked the largest weekly increase since a recovery in the rig count began in June, and the 11th week in 12 that drillers added rigs…

In Today’s Morning Musings…

1. Tinka takes off to a 2-year high…

2. “No other place like this on the planet” – new insights on the “Heart” of the Golden Triangle…

3.  Globex and Natan release impressive high-grade channel sample results from the Montalembert Gold Property…

4. Daniel’s Den – a superb new growth stock, and “Friday’s Footnotes” with updates on 6 juniors…

Plus more…click here to read the rest of today’s Morning Musings and all BMR exclusive content, through a risk-free Pro, Gold or Basic package, or login with your username and password…