Shae Russell speaks to Bron Suchecki from ABC Bullion. https://www.abcbullion.com.au/ They discuss the impact of the US election on Australian investors and the gold price. Bron believes that in the long term the US election is just a blip and would not have a major impact on the gold price considering the macroeconomic issues being faced would not change. They discuss the short-term volatility in gold and the smart money that has flowed into it. Bron believes the speculators are having a little bit of impact in the market based on the election and drop off in covid concerns. In the long term, he believes that gold will continue to go up… To gain access to the latest interviews that Shae Russell conducts with industry experts like Bron Suchecki, check out her investment products below: Rock Stock Insider – https://www.dailyreckoning.com.au/investment-services/rock-stock-insider-newsletter/ Bron Suchecki, Senior Precious Metals Analyst of ABC Bullion: Now it’s time for an Australian’s point of view. Bron Suchecki needs little introduction to the Rock Stock Insider audience. We’ve spoken a handful of times before. And I have sought out his opinion once again. For two reasons. After Jim, Bron happens to be one of our most-watched interviewees. There are few people that know the Aussie gold market like Bron does. He’s been working in the Australian gold bullion market for over two decades. Or in ‘gold terms’, that’s two bear markets and one bull market… Because of his extensive experience, he tells investors to look past the election noise. Essentially, the next eight weeks of the US election is a blip for gold. As Bron says today, ‘the long-term structural problems will remain’. No matter who is elected, or the policies that follow, they provide support for a rising gold price over the long term. =====Follow The Daily Reckoning Australia On===== Facebook: https://www.facebook.com/DailyReckoningAU/ Visit our website – https://www.dailyreckoning.com.au/ All content is © 2020 Fat Tail Media Pty Ltd All Rights Reserved. Financial Services Guide Please keep this guide for future reference. A copy is available from us on request or can be downloaded from our website at fattailmedia.com.au/financial-services-guide/. If you do not understand anything in it, or require more information, please feel free to contact us IMPORTANT: We provide general financial product advice only. The advice published by Fat Tail Media has been prepared without taking into account your objectives, financial situations or needs. Before acting on our recommendations, you should consider their appropriateness to your specific investment objectives, financial situation and needs. If you are uncertain as to what your objectives and needs are, you should contact a financial adviser or stockbroker who is licensed to provide you with personal financial product advice. Editor: Noel Gamo #Gold #Investing #Finance |
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