U.S + Global Economic Uncertainty Bodes Well for Gold Prices
Obama's legacy will be that he successfully doubled the total U.S debt in his mandate versus the past 240 years before him while Hillary's legacy til now has been successfully destabilizing the middle east under her watch in her position in Obama's administration. Another 4 years with the Democrats could mean bankruptcy for the U.S economy, while a Trump victory might mean a major war in the offing whether it be of conventional means or trade. Personally, I believe jobs and national security trumps any political correctness, and the left wing label machine may become less significant when the middle class finally asks themselves if they are better off now than they were 8 years ago. (What has political correctness done for you lately when there are 43 million people on food stamps). Trump may certainly represent the last hail mary for the U.S empire. As well, add the economic uncertainty of Europe, (with possible future Brexits), the Italian banking crisis, and problems in Greece. Add to this Japan has twice the debt per capita as the U.S, add the Chinese debt situation, and the Chinese Shadow banking problems, and Gold will continue to shine well, particularly when future reserves continue to be diminished.