Strategists at Goldman Sachs say gold is a way to hedge inflation risks stemming from the U.S. election.

Their view is that a Republican sweep in presidential and congressional elections would present the biggest risks to inflation and bond returns, stemming from higher import tariffs; slower immigration; tighter
sanctions on Iranian oil; lower taxes; and, in Goldman’s phrasing, “stronger attempts to influence Fed policy.”

https://finance.yahoo.com/news/gold-help-hedge-inflation-risk-104700724.html

Twump wants to replace income tax with tariffs. Good luck, Americans.

"Make America affordable for billionaires".

--
"And off they went, from here to there,
The bear, the bear, and the maiden fair"
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Pelle Svanslös kirjoitti 24.6.2024 klo 19.51:

Strategists at Goldman Sachs say gold is a way to hedge inflation risks stemming from the U.S. election.

Could be, but gold is also expensive atm.

Their view is that a Republican sweep in presidential and congressional elections would present the biggest risks to inflation and bond returns, stemming from higher import tariffs; slower immigration; tighter
sanctions on Iranian oil; lower taxes; and, in Goldman’s phrasing, “stronger attempts to influence Fed policy.”

https://finance.yahoo.com/news/gold-help-hedge-inflation-risk-104700724.html

Twump wants to replace income tax with tariffs. Good luck, Americans.

"Make America affordable for billionaires".

Yes, tariffs add to inflation. Not that Biden hasn't raised tariffs as
well. Although Biden's handouts & debt are probably much bigger cause
for inflation. US is living on other people's money.

Slower immigration? Nonsense. It's a poor plan to reduce inflation by
bringing cheap labour & problems stemming from junk immigration.
Besides that drives up prices for housing market.

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