by Kris Sayce
Daily Reckoning
Over the past several weeks, there have been two topics on investors’ minds.
One is the US presidential election.
The other is the gold price.
We’ll leave the election chatter to others. (Although we’ll admit that it’s great for entertainment value.)
For us, the action in the gold price is far more important.
The issue is: Where is the gold price heading next? Up or down? It may not seem important, but where the gold price goes next could provide a major clue on the health (or otherwise) of the world’s economy.
We’ll explain what we mean below…