Gold prices were already on a tear amid wild pandemic, economic and electoral uncertainty, with big banks predicting $3,000 gold …
Or even $5,000 gold …
Right before Biden’s electoral victory, JPMorgan had called another 5% price hike in a “blue wave”.
Though Trump loves gold and adorns everything with the precious metal, the precious metal itself was banking on a Biden win.
Why? Because what it loves more than anything is the Biden-backed promise of monetary stimulus.
Historically,…
Source link