Trump vrs Harris = Gold? When it comes to investments I stick to real politic. I ask who will most likely be in power and try and think through how it will impact the economy and politics abroad. The race between Trump and Harris is neck and neck for now Trump has a slight edge should he debate Harris it will hurt him.
(1) Trump. He means market uncertainty. Geopolitics up in the air. Especially for Russia Ukraine. And I think his meddling in the Middle East might make things worse. Chinese trade? More terrifs. Putting the globalist genie back in the bottle will cause inflation. Good for only part of the economy. A net positive for gold.
(2) Harris. Status quo with China. Neo liberal policies remain in place. Same geopolitical position as Biden. Neutral for gold. Likely better for economy
The FED is in control, but contained. Gold and silver will move up with rate cuts. Government debt relief is badly needed. Chances are Powell will need to let inflation run hotter. This is just as important as the coming political landscape. We will see
Gold and silver have a long runway here.