Gold’s fiscal-policy message stays clear as deficits worsen (GLD:NYSEARCA)
· seekingalpha.com
Gold tends to outperform when the U.S. budget deficit worsens—7.2% vs 2.0% annualized since 1980.
Gold had historically performed better when the U.S. budget balance was deteriorating, according to Rob Anderson, U.S. sector strategist at NDR Research.
“Si...