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Trump Cancels Stimulus Talks Until After Election!

Jason S
Oct 7, 2020
Trump Cancels Stimulus Talks Until After Election!

One set of late-night tweets sent both gold and stocks down 2%: Donald Trump called off stimulus negotiations until after he “wins the election,” instructing his representatives to stand down — with a promise of a “major Stimulus Bill” immediately after victory.

The reaction

Critics called it blackmail — holding the election hostage with stimulus as ransom — and pointed at the immediate damage: markets down, and hardworking Americans and small businesses left without support in the meantime.

Why gold fell too

Stimulus is gold’s fuel: new spending stokes inflation expectations. Cancelling talks cut that fuel line — so the metal dropped alongside equities, a rare same-direction day.

Market lesson: gold doesn’t always zig when stocks zag. When the shock is about LESS money entering the system, both fall together.

Headline whiplash is why we price on the live market — get today’s number, not last week’s.

Jason S

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