Financial, Political Uncertainty Ramps Up Yet Again In a rerun of the immediate shock felt when the United Kingdom voted to leave the European Union, gold prices rose nearly 5 percent the day after Donald J. Trump scored his stunning victory in the United States election. Indeed, it was gold’s biggest single-day gain since the “Brexit” on June 24, 2016, when it rose almost 8 percent. With the fallout yet to be determined (and will take years to fully appreciate) from the upheaval across the ocean, Americans now face the same sense of uncertainty for the future here at home. But, as you can read below in “The Take-Away”, this uncertainty will eventually turn to an unfortunate certainty that investors must be prepared to face. Another Delay on Interest Rates? The Trump victory is viewed by many as a catalyst for global economic uncertainty, which would surely play into the discussions of the United States Federal Reserve next month on whether to produce a long-antici...
from GoldBroker.com https://www.goldbroker.com/news/trump-wins-investors-turn-to-gold-1032
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