Just curious what people think. One the one hand - he would make government smaller and reduce the Fed's power (if he could). Two things which would greatly lower the thread of inflation and monetary instability...which would hurt the price of gold/silver (IMO). But, on the other hand, he is big on a gold standard and might take steps to try and implement it...which would probably drive up the price(s) strongly.
From what I've seen, almost everything makes gold better, except if our nation had a complete turn around I don't think you could expect much except the current trend. Gold is almost always a strong thing to invest in. Its not a piece of paper claiming to be valuable, its actually valuable.
It would have no affect on gold prices. The USA is not the main focus of any catastrophic monitary collaps. The USA will alwasy print money and the USD will always be the currency of the free market. Remember, 12 years ago the USD had started it's decline against the Euro and the Peso. During the 1990s countries of China, and India, as well as som smaller countries like the Phillipines had been buying up American US Dollars in cash money for investments just like jewish people hoard up gold as investments. But since 2000 the USD had declined in value significantly in the world, and those who hold US Paper as investments are at a significan loss. It is unlikely the USD will rise ever again as long as there is massive debt and no potential for US economic growth. But one thing you can bet on, is, the Fed and Tereasury will continue to print money to keep the doller alive and circulating throughout the world. In fact, some investors across the globe actually have been buying the USD in cash for novelty investments, hoping it will rise again. Have you bought into the gold market as you were speculating? If so I hope you purchased real gold, and not get into any Bogus digital virtual metals investment funds. They are doomed and you will lose money investing in funds. Why? because it's all digital and they don't actually own any tangible gold, they just trick people into thinking they do. They basically just trade shares like traders trade shares of IBM. And when the price goes down you lose and pay a commission, and when the price goes up you pay for comission both ways. the share price of the funds do not equate to the real gold price of the market. Hence, gold could go up $100, but your share price may go up only $1.20. If you invest in gold get the real thing.
Yes, I have bought a LOT of gold and silver (as a % of my net worth). And no, I have not bought 'virtual' gold/silver...but I appreciate the advice.
