While broader macroeconomic trends are always what’s most significant for the gold price during any given election, some interesting trends emerge when you look at the numbers. And when an election is contentious, historic, or chaotic as 2024’s promises to be, the outcome is all the more significant for gold.
A startling disconnect as we edge closer to the 2024 general election: On one hand, so-called “experts” parade optimistic economic reports, but for the average American, the story is starkly different. In heated debates, economists squabble over whether the public is hoodwinking pollsters or if mysterious forces are at play.
Our guest columnist explains how the government is playing a smoke-and mirrors-game with the economy. It’s subtler than making up numbers. They’re pumping up GDP and job figures through hefty spending and hiring. Unlike the struggling private sector, the government can spend tax dollars and create deficit-financed jobs without having to prove their worth:
This March, Republican primary voters in Texas won’t just be choosing which candidates to represent their party in November – they will also be voting on a series of ballot propositions that while not legally binding offer a way for voters to guide their leaders.
Here’s why what is happening in Texas matters and what it says about the future of gold.
The Federal Reserve will play a pivotal role in the upcoming election and aim to boost President Biden or another Democratic candidate.
