In his opinion, the outcome of the US presidential election will not affect the pricing of precious metals. He held exactly the same opinion four years ago, when Trump first became president of the country.
He substantiated his point of view with the following words: “Four years ago, I was sure that the elections in the United States would not affect the precious metals market in any way. The economic problems in the country are so great that it doesn't matter who sits in the White House. "
“Naturally, some decisions can cause certain reactions in the gold market, but in general, the trend remains the same. The upward trend will continue in the market, regardless of which party will determine American policy, ”- this point of view was voiced by Morgan.
According to the expert's forecast, until the end of this 2020, the price of gold and silver will not experience large fluctuations. However, the long-term outlook for the precious metals market remains positive, as Central Banks continue their soft monetary policy. This is a dead-end situation, as each time they have to print more and more unsecured money to support the economy.