Gold & The 2024 Election: How Will Prices React? | The Gold Spot

Every four years, people's economic concerns are brought to the foreground as the US presidential election heats up. With this 2024 race set up to be one of the most contentious in recent memory, many investors are wondering how their finances will be affected.

In the run-up, Americans can expect the characteristic volatility that tends to
precede election day. Of course, this doesn't answer what might happen following a Republican victory.

Former President Donald Trump oversaw impressive economic growth and stability throughout most of his term. However, gold prices still made an impressive 54% jump. Although historic performance can provide some insights into the future, the real determining factor is the US dollar.

The green back has seen a concerning decline as US debt soars to new heights, personal credit card debt follows closely behind, inflation remains entrenched, and buying power is lost. The foundational issue is the government’s experimental modern monetary theory.

Watch this week’s The Gold Spot to hear Scottsdale Bullion & Coin Sr. Precious Metals Advisor Steve Rand and Precious Metals Advisor Joe Elkjer explore the impact of a Republican victory on gold prices, why it’s about the dollar instead of politics, and how investors should protect themselves moving forward.

👉 READ MORE HERE: https://www.sbcgold.com/blog/2024-election-impact-on-gold-prices/?utm_source=rumble&utm_medium=video&utm_campaign=goldspot_rmbl_06192024

👉 Grab a FREE COPY of our Modern Monetary Theory Report: https://www.sbcgold.com/free-mmt-report/?utm_source=rumble&utm_medium=video&utm_campaign=goldspot_rmbl_06192024

⭐ RELATED READING:

🔗 De-Dollarization 101: What to Know About the Global Shift Away From the Dollar: https://www.sbcgold.com/blog/de-dollarization-101-what-to-know-about-the-global-shift-away-from-the-dollar/?utm_source=rumble&utm_medium=video&utm_campaign=goldspot_rmbl_06192024

🔗 Central Banks Buying Gold at Record Rates: Why Investors Should Care: https://www.sbcgold.com/blog/central-banks-buying-gold-at-record-rates-why-investors-should-care/?utm_source=rumble&utm_medium=video&utm_campaign=goldspot_rmbl_06192024

🔗 Experts Raise Gold Price Predictions Following Massive Rally: https://www.sbcgold.com/blog/experts-raise-gold-price-predictions-following-massive-rally/?utm_source=rumble&utm_medium=video&utm_campaign=goldspot_rmbl_06192024

⭐ @sbcgold Precious Metals Advisors in this The Gold Spot video:

👤 Steve Rand: https://www.sbcgold.com/about/steve-rand/?utm_source=rumble&utm_medium=video&utm_campaign=goldspot_rmbl_06192024

👤 Joe Elkjer: https://www.sbcgold.com/about/joe-elkjer/?utm_source=rumble&utm_medium=video&utm_campaign=goldspot_rmbl_06192024