Why A Trump Win Could Be A Headwind For Gold
Portfolio Pulse from David Pinsen
The article discusses potential deflationary impacts of Trump's policies on gold prices, including tariffs, deportations, increased domestic drilling, and peace efforts. It suggests hedging strategies for gold investors, such as selling IAMGOLD Corporation calls and buying puts on SPDR Gold Shares.
October 23, 2024 | 1:11 pm
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NEGATIVE IMPACT
SPDR Gold Shares may face a decline due to Trump's deflationary policies. Investors are advised to hedge by buying puts.
The article advises buying puts on SPDR Gold Shares to hedge against a potential decline, suggesting a negative short-term impact due to Trump's deflationary policies.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
IAMGOLD Corporation's stock may be impacted by potential deflationary policies under Trump, leading to a suggested strategy of selling calls for profit.
The article suggests selling IAMGOLD calls to take profits, indicating a potential decline in gold prices due to Trump's policies. This implies a negative short-term impact on IAG's stock price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70