2) If Donald Trump really aims to bring manufacturing (and JOBS) back to USA, then, beyond other things, he must also think about additional preferences for future US exports (Exporters), including the benefit from a weaker national currency - USD.
Thus we have a case of cautiousness with rising rates combined with a necessity of lowering the USDollar value.
As always, only time will tell.
Extreme dollar pressure. Extreme. But the idea is still the same - short the Dollar, buy Gold.