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How The Next President Could Affect Commodities ETFs

Posted on 09 November 2016

Despite all the commotion about this being a good year for commodities, the iShares S&P GSCI Commodity-Indexed (ETF) is flat year-to-date. That condition is unlikely to persist after the results of Tuesday’s presidential election start trickling in.
As has been widely documented, gold and perhaps some other precious metals are believed to me the only potential near-term beneficiaries of Republican challenger Donald Trump claiming the White House. A legitimate case can also be made that given her harsh rhetoric aimed at the coal industry and the Democrats’ lengthy history of hostility toward the oil industry, the oil patch does not want to see Democratic nominee Hillary Clinton win the presidency…………………………………….Full Article: Source


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VRS - who has written 48800 posts on Opalesque Commodities Briefing.


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