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What the First Presidential Debate Means for the Markets

“We’re seeing volatility and uncertainty. It’s here to stay until we get some kind of resolution. Until we see who wins.”
— Damian White, Senior Precious Metals Advisor at Scottsdale Bullion & Coin

If you’re like most Americans, you have a lot of questions right now:

How long until the next stimulus bill is passed?

Who will win the presidential election and carry us out of this crisis?

When you tuned in to watch the first presidential debate for one of the most important elections in the history of America… You needed answers.

Instead you got chaos. Name-calling. Interrupting. Unfounded accusations. It was a complete mess rather than at glimpse at the nation’s next leader.

And you know what? That’s exactly how the markets responded. Precious metals were up. Precious metals were down. Equities were up. Equities were down. The overnight trading session mirrored the presidential debate, explained Scottsdale Bullion & Coin’s Senior Precious Metals Advisor Damian White and Information Consultant Joe Elkier.

Watch their analysis of last night’s presidential debate in the video above.

Get the answer to one of the most important questions of all: how to protect your wealth amid all this crisis and uncertainty.

CLICK HERE to request our FREE Wealth Preservation guide.

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Silver

Silver price to get a boost from higher gold price, improved demand into year-end, says Capital Economics

Kitco News

(Kitco News) – Silver will get a boost from higher gold prices and better industrial demand into year-end following a sharp price drop down to $23 an ounce in September, according to Capital Economics.

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Mexico Silver Mining Is Flourishing With New High Grade Silver Discoveries – PRNewswire

Mexico Silver Mining Is Flourishing With New High Grade Silver Discoveries  PRNewswire
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Silver

GR Silver Mining channel sampling show significant underground discovery at Plomosas Silver project – Proactive Investors USA & Canada

GR Silver Mining channel sampling show significant underground discovery at Plomosas Silver project  Proactive Investors USA & Canada
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Silver

The Sky Is Falling – Gold and Silver Are Following!

The Sky Is Falling – Gold and Silver Are Following!
SilverSeek.com
Wed, 09/30/2020 – 14:34
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Silver

JPMorgan fined $920 million for spoofing precious metals markets – CFTC

Kitco News

(Kitco News) – It’s not quite a billion dollars, but the Commodity Futures Trading Commission (CFTC) announced Tuesday that it has settled its spoofing charges with JPMorgan Chase & Company.

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Bidden has slight advantage Over Trump ahead of first debate – Fitch Solutions

Kitco News

(Kitco News) -There is no clear path to victory or the economic outlook for the U.S. as the two presidential candidates gear up for the first debate ahead of the Nov. 3 elections, according to one research firm.

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Silver Price Analysis: XAG/USD keeps upside break of 50-bar SMA above $24.00

Silver Price – BingNews

EUR/USD pressures weekly highs ahead of the US presidential debate The EUR/USD holds firm near 1.1750 as speculative interest keeps moving away from the greenback. Concerns about coronavirus outbreaks …

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Silver

This is the time to buy gold, says Wells Fargo

Kitco News

(Kitco News) – Gold prices saw a $200 tumble in September, which Wells Fargo is viewing as a great buying opportunity during a well-expected correction.

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Gold, silver up on weaker USDX, some safe-haven buying

Kitco News

(Kitco News) – Gold and silver prices are higher in midday U.S. trading Tuesday.

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