Kitco News
(Kitco News) – Gold market has been treading water, stuck in a consolidation pattern for more than a month as political uncertainty has dominated the marketplace.
The post 2016 election gold price shocker, can it happen again? appeared first on WorldSilverNews.
Kitco News
(Kitco News) – Gold price, silver price latest market reaction to the Election Day 2020 updates.
The post Election Day 2020 LIVE UPDATES: Gold price latest market reaction appeared first on WorldSilverNews.
Kitco News
(Kitco News) – After months and weeks of uncertainty and turmoil Americans are now heading to the polls to cast their vote in what is expected to be an unprecedented Election Day.
The post How to take advantage of the impending commodity super bull cycle – Andy Hecht appeared first on WorldSilverNews.
Yahoo! Finance: SI=F News
Gold futures settle at their highest in a week on Tuesday as investors focus on uncertainty about the outcome of the U.S. elections and the Federal Reserve’s two-day policy meeting.
The post Gold prices mark 1-week high as investors brace for U.S. Election Day outcome appeared first on WorldSilverNews.
Keith Weiner
Tue, 11/03/2020 – 15:05
Market Watch/Shawn Langlois/11-2-2020
“If you look out the window, you’ll see printing presses everywhere,” Rogers explained in an interview with the Peak Prosperity blog. “You know what happened to all the other countries in history that have gotten themselves deep into debt… it hasn’t been pretty.”
USAGOLD note: We’ve always appreciated Jim Rogers straightforward, bottom-line analysis even when he wasn’t advocating gold and silver ownership. Now that he is – even better …… Not to beat the same drum unnecessarily, we would add that those printing presses will roll full speed no matter who occupies the White House in 2021.
The post The next bear market will be the worst in at least 78 years, warns Jim Rogers first appeared on Today’s top gold news and opinion.
Business Insider/Emily Grafeo/11-2-2020
“Black Swan” investor Nassim Taleb told CNBC no matter who wins the election, the coronavirus has permanently changed the economy and some businesses like corporate travel and commercial real estate will never recover.”
USAGOLD note: Taleb has a generally bleak view of our near-term chances against the virus and the future prospects of many businesses …… He believes that “the denial of the seriousness of the coronavirus and the false hope that a vaccine will quickly resolve the pandemic will continue to hurt the economy.” He offers a considerable food for thought in this interview.
The post Black Swan author Taleb says COVID has permanently changed the economy first appeared on Today’s top gold news and opinion.
Recent Better Business Bureau Client Review
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The post BBB Review first appeared on Today’s top gold news and opinion.
The Daily Reckoning/Jim Ricards
“I’ve also said that the former course (a conference) is more desirable — why not avoid the train wreck rather than clear up the wreckage? But the latter course (chaos) is more likely. A conference will probably be ignored until it’s too late. Either way, the price of gold soars.”
USAGOLD note: With respect to the options given – orderly or chaotic – Rickards says it will probably be chaotic. We do not see the gold standard as either practical or viable given the circumstances. The more direct course of action to weather the times is to put your portfolio on the gold standard instead.
Repost from 10-28-2020
The post New gold standard: Orderly or chaotic? first appeared on Today’s top gold news and opinion.
Financial Times/Martin Arnold
“The day after Christine Lagarde presents the European Central Bank’s latest monetary policy decision on Thursday, new figures are expected to show the eurozone sank into its third consecutive month of deflation — something it has done only twice before.”
USAGOLD note: One big bank economist asks the question of the moment: “Is monetary policy even working at this stage?”
Eurozone consumer prices
Chart courtesy of TradingEcononics.com • • • Click to enlarge
Repost from 10-28-2020
The post Europe sinks into third straight month of deflation, piles stimulus pressure on ECB first appeared on Today’s top gold news and opinion.