The gold market is up just a bit prior to the 2012 Romney / Obama Election. The markets seem to be holding back a bit until the outcome of the November 6th United States Presidential election. Some people are saying that if Obama is reelected they would sell off much of their business here in the United States due to large tax increases from a largely democratic government. Should this happen I'd expect to see a rush into precious metals simply for the fact that they are secure.
Currently, the global economy does not look so good across the board. Will the United States elections be a spark to stability or instability in the markets of gold, silver and stocks. Let us also remember the FOREX markets as well as they are all intertwined. Many believe the markets will be mixed after the elections as we will see some sell offs and let's face it the Dow Jones has been hoovering over 13,000 points for quite sometime. How long before it takes a good dip ?
Silver and Gold are solid financial instruments in these uncertain financial times. See the link below for up to the minute gold and silver news and quotes.
www.kitco.com
This is also a time with the hurricane that just hit, Sandy, to consider what is a secure bet ? Solar power is independent of the government. However, if your whole home is destroyed it will not matter. Click on the link above for more information on Solar Panels.
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