With the presidential election less than one week away, market watchers are estimating what kind of impact a Mitt Romney win would have on the markets, including gold prices.
Gold is expected to continue its rise in 2013, reaching up to the $2,000 mark - or higher.
On Oct. 23, Deutsche Bank analysts called for gold to exceed $2,200 an ounce next year. This came in light of the stimulus measures by central banks.
They wrote in a research note via Commodity Online, "While we have targeted gold prices moving above $2,000/oz. since the beginning of 2011, we believe the Fed's open-ended program of QE announced last month increases our confidence that a surge in the gold price above this level is only a matter of time."
Yesterday (Wednesday), December gold futures closed at $1,719.10.
But if we fast-forward to January, even March 2013, if Romney wins Election 2012, would gold prices be able to continue their upward run?
Here's what a Romney win would do for the yellow metal.
Romney wins election
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What to Expect from Gold Prices If Romney Wins Election 2012
Coal Stocks See Better Days Ahead If Romney Wins Election 2012
If Mitt Romney wins Election 2012, it'll be a rare piece of positive news for the coal industry, and a boost for beaten down coal stocks.
During last week's presidential debate, Romney called attention to the stark differences between himself and U.S. President Barack Obama on coal policy.
"By the way, I like coal," Romney said. "I'm going to make sure we can continue to burn clean coal. People in the coal industry feel like it's getting crushed by your policies."
That was enough to grab the attention of investors. Just about every coal stock went up at least 4% the day after the debate, and several were up more than 5%.
It was a much needed shot in the arm for a sector that had been down 29% on the year.
"It's amazing what 15 words about coal in a presidential debate can do for the stocks," Michael Dudas of Sterne Agee told Reuters. "These stocks have been volatile, but you can't discount what a man running for president said about coal. Call it the Romney rally."
Coal stocks reacted strongly to Romney's industry-friendly comments because President Obama's energy policies have been tough on a sector already under pressure from cheap natural gas prices.
That's why Romney, in his campaign speeches, frequently refers to these policies as a "war on coal."
During last week's presidential debate, Romney called attention to the stark differences between himself and U.S. President Barack Obama on coal policy.
"By the way, I like coal," Romney said. "I'm going to make sure we can continue to burn clean coal. People in the coal industry feel like it's getting crushed by your policies."
That was enough to grab the attention of investors. Just about every coal stock went up at least 4% the day after the debate, and several were up more than 5%.
It was a much needed shot in the arm for a sector that had been down 29% on the year.
"It's amazing what 15 words about coal in a presidential debate can do for the stocks," Michael Dudas of Sterne Agee told Reuters. "These stocks have been volatile, but you can't discount what a man running for president said about coal. Call it the Romney rally."
Coal stocks reacted strongly to Romney's industry-friendly comments because President Obama's energy policies have been tough on a sector already under pressure from cheap natural gas prices.
That's why Romney, in his campaign speeches, frequently refers to these policies as a "war on coal."
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If Romney Wins Election, Make Sure You Own These Six Stocks
With U.S. President Barack Obama holding a narrow lead in the polls over Republican challenger Mitt Romney, investors need to be prepared for a win by either candidate.
Strangely enough, history has shown that the stock market actually does much better under Democratic presidents than Republican ones - three times better since 1913, according to The New York Times, and more than five times better since 1960.
Of course, that doesn't mean there won't still be plenty of stock market opportunities if Romney wins the election. It just means investors must be a bit more selective, targeting leading stocks in industries that have a history of prospering under GOP policies, especially those directly affected by planks in the Republican platform.
Sectors that fall into this category include certain health insurers, medical device makers, energy companies, domestic oil exploration outfits, utilities, transportation firms (especially railroads), and defense contractors.
Let's take a look.
Strangely enough, history has shown that the stock market actually does much better under Democratic presidents than Republican ones - three times better since 1913, according to The New York Times, and more than five times better since 1960.
Of course, that doesn't mean there won't still be plenty of stock market opportunities if Romney wins the election. It just means investors must be a bit more selective, targeting leading stocks in industries that have a history of prospering under GOP policies, especially those directly affected by planks in the Republican platform.
Sectors that fall into this category include certain health insurers, medical device makers, energy companies, domestic oil exploration outfits, utilities, transportation firms (especially railroads), and defense contractors.
Let's take a look.
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If Romney Wins Election 2012, Here's What's In Store for America
While Mitt Romney's political plans are a stark difference from opponent President Barack Obama, they agree on one thing: When it comes to this year's election, "this is a very clear choice for the American people as to what America's future will look like."
They disagree, however, on what that "clear choice" is.
That's what Romney said in a "60 Minutes" interview with Scott Pelley that aired yesterday (Sunday), where he detailed his plans to restore America to fiscal health.
Romney explained he would shrink the size of the government, overhaul entitlement programs and implement individual and corporate tax breaks-all with the help of Congress.
"I'm going to win this thing," said Romney when asked if he could win the November presidential election. "Washington is broken and I think that flows from the President. I think ultimately that the buck stops with the President."
If Mitt Romney wins Election 2012, here's what he has planned for you.
They disagree, however, on what that "clear choice" is.
That's what Romney said in a "60 Minutes" interview with Scott Pelley that aired yesterday (Sunday), where he detailed his plans to restore America to fiscal health.
Romney explained he would shrink the size of the government, overhaul entitlement programs and implement individual and corporate tax breaks-all with the help of Congress.
"I'm going to win this thing," said Romney when asked if he could win the November presidential election. "Washington is broken and I think that flows from the President. I think ultimately that the buck stops with the President."
If Mitt Romney wins Election 2012, here's what he has planned for you.
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