| Is gold’s momentum really dependent on the victor of the U.S. presidential election? According to RBC Capital Markets commodity strategist Chris Louney, a correlation has developed between Republican presidential candidate Donald Trump and gold.
Speaking with CNBC’s Futures Now, Louney said in an interview that "gold reacts when Trump's chances of winning rise above 40 percent or below 20 percent in the mainstream media.” Over first seven months of the year, gold really “glittered,” he said, with uncertainty surrounding monetary policy and Brexit fears...........................................Full Article: Source
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