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Stimulus talks in the US are on hold....if the Democrats win...

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    Stimulus talks in the US are on hold....if the Democrats win presidency, upper and lower house in the US. This will allow the Democrats to implement fiscal policy on their on own terms and not Trump's.

    Great day to buy, hopefully it falls further so we can accumulate some more.

    Good chance the US fed will implement further monetary policy as well when the US election is determined as well, probably holding back.

    If there is fiscal stimulus from the US government and monetary stimulus from the US fed, expect gold to shoot $2,000 plus.

    I wouldn't write off Trump yet, he has gained ground on some swing states...Ohio and Pennsylvania. Wait till the dust settles next week.
    Last edited by Lverty: 27/10/20
 
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