As Presidential Race Tightens, the Price of Gold Rises

03.11.2016 • Politics and War

By Kris Sayce – Port Phillips Insider (Australia) –

Two years ago, the idea would have been ridiculous. That Donald J Trump, host of The Apprentice TV show, could be within touching distance of the US presidency.

But today, it’s not such a ridiculous idea.

Some of the latest polls have him ahead, with the possibility that he could move further ahead.

And if you think it doesn’t matter to you whether Trump becomes president or not, think again.

It’s not a coincidence that the Aussie market is down 3.8% since early last week. Remember, the poll number had started to move in Trump’s favour before last Friday’s FBI announcement.

Another asset moving fast is gold. It’s up US$30 since we told you about the ‘Trump Trade’ a couple of days ago.

If Trump wins, it could go even higher. To check out the ‘Trump Trade’, go here.

Subscribe to read more here. (paywall)

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