January 4, 2021

GEORGIA ELECTION — GOLD INDICATION — MOMO DEPARTS FROM CONVENTIONAL WISDOM

To gain an edge, this is what you need to know today.

Georgia Election

Please click here for a chart of gold ETF (GLD).

Note the following:

  • I am politically agnostic. My sole job is to help investors.  This post is about the impact of the Georgia election on investments and not about politics.
  • The Georgia runoff election has the potential to have a major impact on the markets over the next year.
  • If Democrats win, they will have control of the Senate — borrowing and spending will go through the roof.
  • If Republicans win, Republicans will have control of the Senate — borrowing and spending will increase but not as much as if Democrats win.
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