Gold should rise as U.S. election turns into a farce
Duncan Richardson, News Editor
11 Oct 2016, 10:48 a.m.
Love him or hate him, but you can’t deny Donald Trump has caused a political earthquake. Clinton and Trump have divided a nation and regardless which candidate wins the presidency on the 8th of November America’s economic and social problems will remain.
Market insiders believe a Trump victory will result in extreme market volatility with a run to safe havens such as U.S. Treasury’s and gold. John Ing President of Maison Placements in Canada is predicting an immediate $100 swing to the upside in the price of gold should Trump prevail. Ing believes the U.S. election result is still in the balance despite recent polls indicating a clear win for Hilary Clinton.