Purchase before or after US election?

[sfstacker]

I am buying before.

My personal opinion is that Clinton is likely to bring war and Trump is likely to bring economic shock.

If war does happen your best bet isn't silver or gold. Purchase stock in Oakley and other companies that are under contract with the US Government to provide clothing and protective gear to the US military. Their stock went from $7 to $30ish a share during the Iraq war.

 

[BuggedOut]

I am buying before.

My personal opinion is that Clinton is likely to bring war and Trump is likely to bring economic shock.

If war does happen your best bet isn't silver or gold. Purchase stock in Oakley and other companies that are under contract with the US Government to provide clothing and protective gear to the US military. Their stock went from $7 to $30ish a share during the Iraq war.

Good advice.

NOTE - This is an older thread and my strategy has changed since I posted that.

http://forums.silverstackers.com/topic-79528-us-election-strategy.html

 

[BuggedOut]

Here is a good market analysis: http://bullionexchanges.com/blog/2016/11/07/gold-silver-technical-updates-election/

Good one.

The comments on gold very much align with the way I have been thinking. OH NO....confirmation bias!!

 

[ghost rider]

Your analysis does make sense Mr. Bug.

When looking at the experts predictions in majority, they seems to predict that Gold is keep on increasing from this month as per below analysis:



Look up for the chart
GOLD UP!

 

[boffin1979]

Buy after. The economy is set to grow faster after Trump's victory which will bode well for equities but not for PMs.

 

[masmas]

Buy after. The economy is set to grow faster after Trump's victory which will bode well for equities but not for PMs.

Which means the mortgage interest rate will be much higher in the next 2-3 years ahead.

 

[House]

Buy after. The economy is set to grow faster after Trump's victory which will bode well for equities but not for PMs.

Which means the mortgage interest rate will be much higher in the next 2-3 years ahead.

What's your exact number for 'much higher'?

 

[masmas]

Which means the mortgage interest rate will be much higher in the next 2-3 years ahead.

What's your exact number for 'much higher'?

House,

It will be about 0.5% up to 1% higher (multiple times of increase this year).

From the Westpac bank loan table below:

Term discount on new loan Interest rate Comparison rate
1 year 0.2% p.a. off the interest rate (conditions apply) 4.66% p.a. 5.41% p.a.
2 years 0.2% p.a. off the interest rate (conditions apply) 4.19% p.a. 5.28% p.a.
3 years 0.2% p.a. off the interest rate (conditions apply) 4.29% p.a. 5.24% p.a.
4 years 0.2% p.a. off the interest rate (conditions apply) 4.86% p.a. 5.37% p.a.
5 years 0.2% p.a. off the interest rate (conditions apply) 4.59% p.a. 5.24% p.a.
6 years 0.2% p.a. off the interest rate (conditions apply) 6% p.a. 5.9% p.a.
7 years 0.2% p.a. off the interest rate (conditions apply) 6.5% p.a. 6.24% p.a.
9 years 0.2% p.a. off the interest rate (conditions apply) 6.5% p.a. 6.4% p.a.
10 years 0.2% p.a. off the interest rate (conditions apply) 6.5% p.a. 6.46% p.a.

It is clearly shows the next 1 year and the next 4 years, interest rate will be much higher than it is now as raised by the banks (irrespective of the RBA level).