Bullion Bulls Have History on Their Side as Trump Takes Helm
By GCRU Gold News on Friday, January 20 2017, 00:53 - Permalink
Gold bulls wagering the bullion rally has more room to run may have history on their side with the arrival of a new U.S. president.
A look at recent presidential transitions supports optimism among traders over the metal’s prospects. Gold has averaged gains of almost 15 percent in years marking the inauguration of a new president since the 1970s, advancing in five of those seven years.