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The President Putin bull case for gold as explained by SP Angel

By Tom Winnifrith | Monday 14 October 2024


Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Though I pray for a victory on November 5 for Donald Trump I’d be among the first to admit that whoever wins the US election will continue running vast deficits which will undermine, perhaps fatally, the US dollar. And that ultimately is good for gold and why I own a raft of gold stocks in my portfolio. But is there also a Putin bull case for the yellow metal. Broker SP Angel suggests that there is and opines:
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