Published: 2020.11.11. Gold: 3-month correction will end soon

Gold: 3-month correction will end soon - Preview

Now analysts are wondering if the situation in the country can remain calm in the near future. There is a high probability of the outbreak of a real civil war, since the American society is very much divided. Financial markets now behave as if Republicans have already resigned themselves to defeat. But the Democrats have no plan to overhaul the entire American system.
At best, we will witness a lengthy trial. At worst, the United States will plunge into chaos. If you remember what happened in the summer, when groups of looters were given full freedom of action, then there is a high probability of a repetition of this development of events in the near future, especially given the ideological disunity of American society.
One thing is certain: Bitcoin has become the winner of recent weeks. In a short time, the rate of this cryptocurrency has grown to record values ​​since January 2018.
But how will the current situation in the United States affect financial markets? In general, the political calm is a positive factor for the markets, as politicians have not yet intervened in the economy. In any event, central banks will continue to flood the financial markets with liquidity to defuse any signs of instability and anxiety.