Sprott Inv on Gold and Gold Stocks, and the General Markethttps://sprott.com/insights/sprott-gold-report-us-dollar-decline-and-fall/?utm_source=insights&utm_medium=email&utm_campaign=sprott-digest&_cldee=arAURFIOGASuMUrDd1BvFbQBQMFaFk6z-kdigMd7lT7olFre2p-9vkUX0-i6HsNF&recipientid=lead-f784a495b93cec118c62000d3af3e52c-2dc0b39bf0e84939ac24b91fef96d4dc&esid=85ea9b87-1d49-ef11-accd-0022483bc090
This analysis will be no surprise to Gold stock investors. Still, it is worth knowing Sprott Inv concurs.
It's worth wondering how Trump' adm will effect the Big Picture, such as the US dollar, interest rates, commodity and esp. Gold prices.
We are getting close to September when the market expects the first rate cut. And, the US govt is likely to do whatever it can to try to prop up the Biden Adm, and therefore Harris.
I find it hard to believe that Harris could win the election, but, as Nancy Pelosi , ace stock investor ( on inside knowledge of favorable govt policy to companies she invests in), has been quoted that she could get a glass of water elected, if there was a 'D' attached to it.
And, then there is the curiouser and curiouser assassination attempt of president Trump.
But, my sense is that Trump will win his third straight presidential election ( if this one is not stolen, too).
The Sprott article has some pointers on how a new Trump administration would effect gold prices.
Note that a significant portion of Black men are going to be voting for Trump. (I just talked to one yesterday, Someone I didn't know). It may be as much as 20%. And, the entire Hispanic cluster of citizens is moving toward Trump. It may be 50/50 now, whereas before it was 70/30 in favor of the Ds.
I don't see how the Ds can win with that amount of slippage from these two minority groups. The Black men are waking up to their community just being taken fir granted by the Ds - used by the Ds. And the Hispanic community are hard workers and very entreprenuerial.....and conservative and religious. They really have no place in the D party, which has been taken over by what I refer to as the Leftist Cult, which is the antithesis of the Hispanic community's values.
Prepare for a new, envigorated Trump regime bent on cleaning up the deep state swamp, and focusing on the REAL problems of the American nation, instead of the nonsense of Trandgenderism, Catastrophic man made global warming, and all the assorted other nonsense they and the media spew.
So, we are entering a new phase in the governmental background environment as it applies to Gold. I suspect that of Harris dies win, gold will be in a strong uptrend due to a n understanding that all yhe factors of the collapse in the trust of govt and the insanity of govt policy will be on steroids.....If Trump wins, I think the effect on gold will be more complicated.