Election affects CRH & Ag

[Dozer D]

I wonder what outcome of today's election will have any bearing on our hobby, i.e. the price of silver, and of course the stock market. Either a big SPIKE or a big DIVE, we'll soon find out. OR, not at all!

 

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[baddbluff]

Hopefully big spike in Ag & stocks

 

[smokeythecat]

Stock market futures are tanking with an 80% chance the odds makers are now betting on Trump to win. But what do they know. Dow futures are down at 10:23 pm by 600 points. Silver at this instant is $18.71. Gold $1314.10. And all is changing.

 

[GlenDronach]

For some reason, the potential election of a person with no experience in the public office causes markets to crash and precious metals to spike.

Hmm.

 

[jcole77]

Hopefully big spike in Ag & stocks

Well, they're inversely related... when stocks go up, silver goes down, and vice-versa usually... and tonight, stocks are down $700, silver is up .75 cents.

 

[baddbluff]

For some reason, the potential election of a person with no experience in the public office causes markets to crash and precious metals to spike.

Hmm.

Rewind to day after Election Day 2008...
Dow down 500 pts, S&P down 5%, Nasdaq down 5%.

Unless you are informed and do your homework, please don't spew the same political rhetoric of the biased left-wing media that everyone in this country hates so much that they elected above referenced person.

 

[CoinFetcher]

Wow, I loved trumps speech.

Indeed, the Dow looks down

 

[baddbluff]

Wow, I loved trumps speech.

Indeed, the Dow looks down

Surprisingly classy.

 

[jeff of pa]

Hopefully Silver & Gold drop so Low,
it makes sense to Make all coins out of them,
and get rid of Paper for a few years

 

[olerider]

Yes...virtually every time there is a new president elected the stock market tanks....been doing that for as many elections as I can remember (and I am 65 years old). It will eventually rebound in the days ahead. Has nothing to do with whether they are Republican or Democrat....just has to do with the uncertainty that always exits with change.

 

[GlenDronach]

Rewind to day after Election Day 2008...
Dow down 500 pts, S&P down 5%, Nasdaq down 5%.

Unless you are informed and do your homework, please don't spew the same political rhetoric of the biased left-wing media that everyone in this country hates so much that they elected above referenced person.

It's the truth. The world response right now is uncertainty because he has been so unpredictable and has no experience in the federal government. If Clinton won, other sectors would be concerned with her views on trade, oil, regulations, etc. and they would drop. They would drop because the world KNOWS her positions and how her policies would affect the market.

I'm actually surprised at how huge the panic was and how much it's corrected. The sky was falling at 11pm and by 10am it's just drizzling.

 

[Treasure_Hunter]

Please remember to keep politics out of the threads, nothing wrong with discussing the election's affect on the markets but any political posts made just to make a political post will be deleted.

 

[LooseChange]

Please remember to keep politics out of the threads, nothing wrong with discussing the election's affect on the markets but any political posts made just to make a political post will be deleted.

That discussion might be appropriate in the proper forum (ie: Stocks, Investments & Markets). Seems out of place in the CRH forum IMHO.