Trump again = higher prices for PM?I am Dutch, so I may not be able to judge it as well as precious metals experts in the USA or Canada, but what do you think of the idea that if Trump becomes president again, the value of gold and silver may increase even more?
First, because the budget deficit is likely to increase even more due to tax cuts. Also, further stimulation from the arms industry and other industrial applications of silver in particular will increase the demand for that precious metal even more.
I also think that even more pressure will be exerted on the government of Mexico from the USA to allow the relatively cheaper production from the open mines again.
I'm curious about others' opinions on this.