Gold is the hot asset class now, so Trump's leap onto its bandwagon means that the aspirational, wanna-be, know-nothing, Robert Kiyosaki-reading, suburban NASCAR dad, part-time real estate mini-mogul who bought a duplex last year and plans to flip it this year is going to start buying bullion. That crowd can't scrape up enough cash for a 32-oz. bar but that's okay. They'll be rushing on down to the corner pawn shop to drop cash on spare gold teeth and earrings that aren't acceptable as currency at your local grocery store. I hope they really go for it. They'll make it easier for me to reduce my GDX holdings at record high prices and build the cash pile I'll use to buy the real estate they won't need after they're bankrupt.
Full disclosure: Long GDX with covered calls.