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 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]
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