Did the headline of today’s post make you think, “That headline must be a mistake… why would anybody be happy if gold prices fell into the basement?” But there might be reasons for gold traders to rejoice if gold prices fall. We will explore some of them in today’s post.
Read MoreIf you have a small quantity of old jewelry, you’re not alone. Many people have dresser drawers or old jewelry boxes that contain a jumble of chains, cufflinks, pins, rings, and even small bits and pieces like earring clasps. If you have items like that lying around, you’re probably stalling about figuring out exactly what you have. It’s all just costume jewelry, right, so why hurry?
Read MoreDid you ever have a best friend you relied on through thick and thin? We’ve all had friends like that. And as recent news stories have documented over just the last few weeks, gold serves as that kind of steady friend for investors. Just look at a few recent headlines…
Read MorePeople around the world aren’t waiting breathlessly to make financial decisions until after our election. They’re already buying and selling gold, buying and holding gold, and applying all kinds of strategies to profit from the metal. Just recently, for example, China acquired an estimated 11 tons of gold and salted it away, which helped drive up prices. Russia is buying up reserves of gold too. So chances are pretty good that those activities will continue, so the trading price of gold isn’t about to fall anytime soon – not even after our November election.
Read MoreWhen we set out to find out whether gold prices more typically rise or fall more under Democratic or Republican presidents, we came up with some surprising statistics, as you will see below. But before you get your hands dirty by digging into our findings, how useful are they? Can you use them to conclude that gold prices will rise more if our next president is a Republican, for example?
Read MoreNonetheless, we still get to ask a “what’s next?” question about gold prices when our next president, whoever that may be, takes office. Today, we’d like to look at only two candidates – Hillary Clinton and Bernie Sanders. What could happen to gold trading prices if Hillary or Bernie wins?
Read MoreWhat will happen to gold prices if Donald J. Trump becomes our next president? We don’t have a crystal ball and we don’t know for certain. But it is still interesting to look at the platform that he has posted on donaldjtrump.com, his campaign website. He lists a number of actions that he says he will take if he gets elected. Let’s see how they might affect gold markets.
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