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.

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Why the First Presidential Debate Signals Continued Market Volatility

It’s a high-stakes election year. But you wouldn’t have known it from watching last night’s first presidential debate. Because it was pure chaos, resembling a verbal brawl more than a debate between two politicians competing for the task of carrying this country out of the worst economic crisis since the Great Depression.

And that chaos permeated throughout the markets, rattling equities and precious metals. When will it end? Watch the video to find out. See Scottsdale Bullion & Coin’s Senior Precious Metals Advisor Damian White and Joe Elkier deconstruct the debate and its impact on the markets.