Gold at Another Record High

 Huge money printing is coming.  Gold is going up because of what everyone can see.  But would Trump or Kamala have a bigger deficit if elected?  This analyst thinks Trump will be twice as bad if elected.  We’ve said it for some time now, a politician in America can’t be elected unless he promises free stuff, lower taxes, etc…. All of which ad to the deficit and bring us closer to financial collapse.

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Gold is maintaining its strength despite rising U.S. Treasury yields and slightly easing geopolitical tensions, with the driving force for gold tied to bets on a potential Trump victory in the presidential election, Pepperstone strategist Dilin Wu says.

The analyst noted the "alarming" U.S. fiscal situation, with the deficit hitting $1.8T for the fiscal year ending in September; while both presidential candidates are touting expansionary fiscal policies, Wu says a sweep for Trump could see U.S. debt skyrocket by $7.5T over the next decade, more than double the $3.5T forecast under a potential Harris administration.

Given the "Trump trade," the path of least resistance for gold seems to be upward, according to Wu.

https://seekingalpha.com/news/4221565-gold-futures-hit-new-record-high-analyst-sees-trump-trade-pointing-to-surging-us-debt