StreetSmart Live! Presents Frank Holmes’ Virtual Junior Mining Expo on 11/12/2020. Learn More

Get the Latest Investment Ideas Delivered Straight to Your Inbox.

Gold Will Be the Real Election Winner
Contributed Opinion

Share on Stocktwits

Source:

Bob Moriarty Bob Moriarty of 321gold and Frank Holmes, CEO and chief investment officer of U.S. Global Investors, will hold a webcast the day after the election to analyze the impact of the U.S. presidential election and provide an outlook for gold in the months to follow.

If you're like me, you're not betting on either the Republican or Democratic candidates for president. Government spending is already out of control. Replacing Trump, the self-proclaimed "King of Debt," with Biden, a 47-year career politician, is unlikely to improve matters.

Whoever wins, we lose.

That's why I'm putting my money on gold. Other investors appear to have done the same. The yellow metal is up 26% for the year, almost three times higher than the S&P 500.

I see only additional upside potential. The gold price has been trading sideways for weeks now, but I expect this to change as more government stimulus is rolled out and even more money is printed.

So how can you play the rally?

That will be the topic of discussion during my upcoming webcast with Frank Holmes, CEO and chief investment officer of U.S. Global Investors. The webcast will be held at 1:00 pm Central Time, on Wednesday, November 4.

That’s the day following the election, and it's entirely possible we may not even have the election results at that time. But no matter—Frank and I both believe the real victor will be gold.

To register for the FREE webcast, click here. I hope you’ll join us!

Bob Moriarty
President: 321gold
Archives
321gold

Bob Moriarty founded 321gold.com, with his late wife, Barbara Moriarty, more than 16 years ago. They later added 321energy.com to cover oil, natural gas, gasoline, coal, solar, wind and nuclear energy. Both sites feature articles, editorial opinions, pricing figures and updates on current events affecting both sectors. Previously, Moriarty was a Marine F-4B and O-1 pilot with more than 832 missions in Vietnam. He holds 14 international aviation records.

[NLINSERT]

Disclosure:
1) Statements and opinions expressed are the opinions of Bob Moriarty and not of Streetwise Reports or its officers. Bob Moriarty is wholly responsible for the validity of the statements. Streetwise Reports was not involved in the content preparation. Bob Moriarty was not paid by Streetwise Reports LLC for this article. Streetwise Reports was not paid by the author to publish or syndicate this article.
2) This article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.
3) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the decision to publish an article until three business days after the publication of the article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases.

Want to read more about Gold investment ideas?
Get Our Streetwise Reports Newsletter Free and be the first to know!

A valid email address is required to subscribe