JPMorgan: Gold price could surge on Biden blue wave

Financial News/James Booth

cartoon showing a boat riding the rising tide“Gold prices could jump by as much as five percent on a “blue wave” for the Democrats and their presidential candidate Joe Biden at next month’s elections, analysts at investment bank JPMorgan said.”

USAGOLD note:  That 5% might be a modest projection ……JPM sees a weaker dollar, lower yields.


Repost from 10-15-2020

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