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POSTED ON November 11, 2020  - POSTED IN Key Gold Headlines

Gold has helped Indians weather the economic storm caused by the coronavirus pandemic.

The government response to COVID-19 has ravaged the Indian economy. As a result, many banks are reluctant to extend credit due to fear of defaults. In this tight lending environment, many Indians are using their stashes of gold to secure loans.

POSTED ON November 10, 2020  - POSTED IN Peter's Podcast

Stocks soared, and gold and silver sold off Monday after Pfizer announced success in stage III coronavirus vaccine trials.

During his podcast, Peter Schiff talked about the crazy day in the markets and suggested we might want to tap the brakes when it comes to the excitement about a COVID vaccine because there is no vaccine for what actually ails the economy.

POSTED ON November 8, 2020  - POSTED IN Videos

Last week, Peter Schiff appeared on The Claman Countdown on Fox Business along with Mark Matson, founder and CEO of Matson Money, to talk about where to invest with this overpriced stock market.

Peter said the big danger is inflation and it will decimate a lot of portfolios.

POSTED ON November 6, 2020  - POSTED IN Friday Gold Wrap

All eyes have been on the presidential election this week. It’s still not clear who will win – although it’s looking more like a Biden victory. Meanwhile, the Federal Reserve held its November meeting this week. In this episode of the Friday Gold Wrap podcast, host Mike Maharrey offers some analysis of both the election and the Fed meeting. And he argues that what’s going on over at the Eccles Building might be more significant than who ends up in the White House.

POSTED ON November 5, 2020  - POSTED IN Peter's Podcast

It looks like Joe Biden will ultimately win the presidential election, although it will likely be weeks before all of the official votes are in and the legal wrangling could go on even longer. One thing that is clear is that the polls were horribly wrong. They were projecting a Biden landslide. If Trump did lose, it was barely.

In his podcast, Peter Schiff offered some post-election analysis and said investors are as clueless as the pollsters.

POSTED ON November 4, 2020  - POSTED IN Original Analysis

How will the outcome of the US election impact the price of gold moving forward?

Of course, there is no way to know for sure. US politics is just one of the myriad factors that influence the gold market and you never know how things will play out. But there are reasons to believe the future will remain bullish for the yellow metal no matter who ends up sitting in the Oval Office.

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