{"id":27749,"date":"2019-12-23T05:16:47","date_gmt":"2019-12-23T13:16:47","guid":{"rendered":"https:\/\/goldco.com\/?p=27749"},"modified":"2022-12-28T08:12:40","modified_gmt":"2022-12-28T16:12:40","slug":"effect-will-president-trumps-impeachment-gold","status":"publish","type":"post","link":"https:\/\/goldco.com\/effect-will-president-trumps-impeachment-gold\/","title":{"rendered":"What Effect Will President Trump\u2019s Impeachment Have on Gold?"},"content":{"rendered":"

With the House of Representatives having impeached President Trump last Wednesday, the natural question is: what effect will that have on markets? Judging by the way stock markets reacted in early trading on Thursday, not much. The Dow Jones shot up over a hundred points in early trading to start the day, shrugging off the widely anticipated impeachment. Will gold react any differently?<\/p>\n

Again, the answer is likely no. Gold rose also in early trading on Thursday, which is understandable. Even if Trump\u2019s impeachment were to be seen as a negative sign for the economy, that would trigger safe haven buying in gold which would boost the gold price. In fact, there\u2019s just about no scenario now in which bad news for President Trump would have a negative effect on gold.<\/p>\n

Of course, there\u2019s still a lot that has to occur before seeing whether there are any long-term effects of impeachment on the price of gold. The Senate trial won\u2019t occur anytime soon, particularly as House Speaker Nancy Pelosi has announced that she\u2019ll delay sending the articles of impeachment over to the Senate until she has more evidence.<\/p>\n

If impeachment and possible removal from office has an effect on anything, it will likely be greatest on stock markets. Markets have loved the fact that Trump is President, and they\u2019re fearing the possibility of a Bernie Sanders or Elizabeth Warren victory<\/a> in 2020. The greater the likelihood that Trump will be removed from office, or that he\u2019ll lose his reelection bid, the worse stock markets will perform. And as everyone knows, the worse stock markets perform, the better gold performs.<\/p>\n

We\u2019re in a time now when the stars are aligning and everything is moving into position for gold to make some pretty tremendous gains. If you haven\u2019t started investing in gold<\/a> yet, now is the time to do it, before gold really takes off. Don\u2019t be left in the dust as gold skyrockets and stocks plummet. Call Goldco today<\/a> to find out how you can make gold an important part of your retirement savings portfolio.<\/p>\n","protected":false},"excerpt":{"rendered":"

With the House of Representatives having impeached President Trump last Wednesday, the natural question is: what effect will that have on markets? Judging by the way stock markets reacted in early trading on Thursday, not much. The Dow Jones shot up over a hundred points in early trading to start the day, shrugging off the […]<\/p>\n","protected":false},"author":13,"featured_media":32487,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[209],"tags":[],"class_list":["post-27749","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-precious-metals"],"acf":[],"yoast_head":"\nWhat Effect Will President Trump\u2019s Impeachment Have on Gold? – Goldco<\/title>\n<meta name=\"description\" content=\"If impeachment and possible removal from office has an effect on anything, it would likely be greatest on stock markets.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/goldco.com\/effect-will-president-trumps-impeachment-gold\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What Effect Will President Trump\u2019s Impeachment Have on Gold? – Goldco\" \/>\n<meta property=\"og:description\" content=\"If impeachment and possible removal from office has an effect on anything, it would likely be greatest on stock markets.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/goldco.com\/effect-will-president-trumps-impeachment-gold\/\" \/>\n<meta property=\"og:site_name\" content=\"Goldco\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/goldcopreciousmetals\" \/>\n<meta property=\"article:published_time\" content=\"2019-12-23T13:16:47+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-28T16:12:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/goldco.com\/wp-content\/uploads\/2020\/04\/Trump-Gold-855x570-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"855\" \/>\n\t<meta property=\"og:image:height\" content=\"570\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Paul-Martin Foss\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:description\" content=\"If impeachment and possible removal from office has an effect on anything, it would likely be greatest on stock markets.\" \/>\n<meta name=\"twitter:creator\" content=\"@GoldcoPM\" \/>\n<meta name=\"twitter:site\" content=\"@GoldcoPM\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Paul-Martin Foss\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/goldco.com\/effect-will-president-trumps-impeachment-gold\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/goldco.com\/effect-will-president-trumps-impeachment-gold\/\"},\"author\":{\"name\":\"Paul-Martin Foss\",\"@id\":\"https:\/\/goldco.com\/#\/schema\/person\/58e0d6d6a6a1f8500ce9a0d8e83c1ada\"},\"headline\":\"What Effect Will President Trump\u2019s Impeachment Have on Gold?\",\"datePublished\":\"2019-12-23T13:16:47+00:00\",\"dateModified\":\"2022-12-28T16:12:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/goldco.com\/effect-will-president-trumps-impeachment-gold\/\"},\"wordCount\":363,\"publisher\":{\"@id\":\"https:\/\/goldco.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/goldco.com\/effect-will-president-trumps-impeachment-gold\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/goldco.com\/wp-content\/uploads\/2020\/04\/Trump-Gold-855x570-1.jpg\",\"articleSection\":[\"Precious Metals\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/goldco.com\/effect-will-president-trumps-impeachment-gold\/\",\"url\":\"https:\/\/goldco.com\/effect-will-president-trumps-impeachment-gold\/\",\"name\":\"What Effect Will President Trump\u2019s Impeachment Have on Gold? 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