Trevor Gertst boss Fund Goldco Precious Metals, talks on the topic of how to behave in the yellow metal, depending on who comes to power - Trump or Clinton - on AMarkets materials.
In any case, if you win Trump, volatility in financial markets increased strongly.This means that investors will shift their money into defensive assets. First in line asset of this kind - gold. And what will happen with the yellow metal, if Hillary wins? Experts believe that Clinton plans to expand into infrastructure projects costs will lead to higher inflation. The first instrument to protect the money from inflation - gold. That is, if Clinton wins, as demand for the metal will rise. Although the surge in demand is not as sudden as in the case of Clinton's victory. Gertst believes that demand for gold will rise up to the elections on the segment coming weeks - and it does not matter, whose chances of winning - Ms. Democrat or Republican Mr. Rich - will seek upward. Gold, among other things, still strongly underestimated. It is necessary to wait for the increase of interest in gold from long-term players. In the particular, from individuals who are seeking to diversify their retirement savings well. Against the background of weakening the reputation of Treasuries and low interest rates is especially important. Accordingly, the gold in the near future rise in prices is very relevant.