Now that Nov. 6 is here, it is tempting to look at what might happen to gold prices if the incumbent - U.S. President Barack Obama - wins Election 2012.
Leading into Election Day, traders are the most bullish they have been in 10 weeks. Eighteen of 27 gold analysts contacted by Bloomberg News were expecting higher gold prices in the short-term, while only five of the analysts were bearish.
Holdings in gold exchange-traded funds (ETFs) reached a record 2,588.4 metric tons on Nov. 1, which was valued at $140 billion. According to Bloomberg data, holdings in gold ETFs in the past three months have enjoyed their best run since August 2011.
Of course, the rise in bullishness regarding gold is not only due to the presidential election, but also to continued loose monetary policy from the U.S. Federal Reserve. Gold did rise 70% as the Fed bought $2.3 trillion of debt during the first two rounds of quantitative easing.
So should gold investors expect anything to change if President Obama wins re-election?
Obama wins election
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What to Expect From Gold Prices If Obama Wins Election 2012
Six Stocks You Should Own If Obama Wins Election 2012
Debates and attack ads aside, the U.S. presidential election remains too close to call -- all the more reason for investors to position themselves to profit whether Mitt Romney or President Barack Obama wins in November.
As we noted last month when we looked at stocks to own if Romney wins, certain industries tend to perform better under Republican policies, others under Democrats.
Here's a look at six stocks that would benefit if President Obama wins Election 2012.
Unless the Republicans sweep both houses of Congress and win the White House, Obamacare will remain the law of the land.
Large hospital chains benefit from the survival of Obamacare because it expands health coverage to millions of previously uninsured individuals, including those with pre-existing conditions. That will significantly reduce the burden on hospital emergency rooms, which must now treat these patients even if they can't pay.
While such major hospital operators as Tenet Healthcare Corp. (NYSE: THC) and Community Health Systems (NYSE: CYH) would get a lift from this, a better choice in this sector is:
A good bet in this category is:
As we noted last month when we looked at stocks to own if Romney wins, certain industries tend to perform better under Republican policies, others under Democrats.
Here's a look at six stocks that would benefit if President Obama wins Election 2012.
Health Care Stocks Helped by an Obama Win
No matter what, one of the top issues will continue to be health care, with a particular focus on the Patient Protection and Affordable Care Act (PPACA) - otherwise known as "Obamacare."Unless the Republicans sweep both houses of Congress and win the White House, Obamacare will remain the law of the land.
Large hospital chains benefit from the survival of Obamacare because it expands health coverage to millions of previously uninsured individuals, including those with pre-existing conditions. That will significantly reduce the burden on hospital emergency rooms, which must now treat these patients even if they can't pay.
While such major hospital operators as Tenet Healthcare Corp. (NYSE: THC) and Community Health Systems (NYSE: CYH) would get a lift from this, a better choice in this sector is:
- Health Management Associates Inc. (NYSE: HMA), recent price $8.16 - HMA operates 66 hospitals with more than 10,300 beds, most of them located across the South and in Appalachia, where the current percentage of uninsured patients is among the highest in the country. Increased reimbursements under Obamacare could spark a turnaround in HMA revenues and earnings, which have fallen in four of the last five quarters, slipping from 20 cents a share in the second quarter of 2011 to just 16 cents in Q2 2012. The stock pays no dividend, but offers good growth potential since its current price is well off the five-year high of $11.32 set in April 2011.
A good bet in this category is:
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If President Obama Wins Election 2012, What's Next?
With nearly four years under President Barack Obama's reign, America's economic recovery is struggling to pick up speed and unemployment remains above an unhealthy 8%.
The Obama administration has repeatedly been harshly criticized for bailing out corporate businesses, for the massive national deficit and for the creation of the controversial healthcare bill dubbed Obamacare.
Yet, with just six weeks left before Americans head to the polls to cast their vote for the 45th president, President Obama has managed to eke out a slight lead.
In a mid-September interview with "60 Minutes," President Obama defended his term and said he and we need more time with him in office.
Here's what to expect if President Obama wins Election 2012.
The Obama administration has repeatedly been harshly criticized for bailing out corporate businesses, for the massive national deficit and for the creation of the controversial healthcare bill dubbed Obamacare.
Yet, with just six weeks left before Americans head to the polls to cast their vote for the 45th president, President Obama has managed to eke out a slight lead.
In a mid-September interview with "60 Minutes," President Obama defended his term and said he and we need more time with him in office.
Here's what to expect if President Obama wins Election 2012.
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