World Famous 2 Analysts: Lock On This Progress In Gold, Bitcoin and Silver! They will fly

 

Global markets analyst and economist Alex Krüger points to an important development that will affect gold, silver and Bitcoin. Alex Krüger believes gold, silver and Bitcoin will rise rapidly if the Democrats dominate the upcoming presidential elections.

Alex Krüger: If Democrats dominate, gold, silver and Bitcoin soar

Strategists fear that a Joe Biden presidency could result in tax increases and more regulation. Both factors can put pressure on the economy and the stock market. US dollar sentiment is typically dependent on the state of the economy. Hence, the dollar began to fall as COVID-19 spread rapidly to the US.

Underperformed against reserve currencies such as the dollar, yen, yuan, and francs in the last six months. According to analysts, if the Joe Biden election causes the US dollar to drop sharply, it could feed gold and Bitcoin, which is valued against the dollar. Famous economist Alex Krüger said:

VERY IMPORTANT VIEWS ABOUT A DEMOCRATIC CLEAN SCAN: WEAK DOLLARS. PRECIOUS METALS FLY UP AGAIN. SILVER INCREASING DUE TO A SOLAR PANEL. BASE METALS COMES OUT, ESPECIALLY COPPER. CRUDE OIL IS DAMAGED. BITCOIN IS FIRING ...

Suresh Tantia: A falling dollar and a stagnant stock market trend could stimulate sentiment around Bitcoin and gold

Strategists at large investment banks predict that a similar situation will occur. According to Credit Suisse senior investment strategist Suresh Tantia, the stock market may recover the effects of a 5% slump upon selection. Suresh Tantia stressed that the scale support from the Central Bank does not do much for stocks. Similarly, this did not have a significant impact on the dollar, which showed no signs of recovery.

According to Suresh Tantia, a falling dollar and a stagnant stock market trend can stimulate the sentiment around Bitcoin and gold. Suresh Tantia predicts that the stock market will eventually recover by 2021. However, in the near term, the election risk poses a threat to the stock market. Suresh Tantia said:

CENTRAL BANK SUPPORT GETS ANYWHERE. FED WILL CONTINUE. SIMILAR TO OTHER CENTRAL BANKS, THE RATIOS WILL BE LOWER FOR THE LONGER. I THINK THE SHARE MARKETS WILL RETURN BECAUSE THEY INJECTED THE MARKET WITH LIQUIDITY. THEREFORE, WE WOULD LIKE TO USE THIS WITHDRAWAL AS AN OPPORTUNITY TO PURCHASE SHARES.

Experts: The second incentive package could increase the appetite for Bitcoin!

According to experts, a second incentive package in the US could ease significant pressure on all asset classes and increase the appetite for Bitcoin. Alex Krüger said on the subject:

REGARDING IF UNDERSTANDED ON ADDITIONAL INCENTIVES BEFORE THE ELECTIONS, INCENTIVES OF EVEN LARGER SCALE COME IN THE FIRST SEMESTER. MMT EXPRESSION GAINS SPEED. BEGINS RELAXING AGAIN IN DECEMBER 2020. HIGHER TAX NEGOTIATIONS REMEMBER ON THE AGENDA AND A SIGNIFICANT TAX INCREASE IN 2022 ...