The Electoral College has voted and confirmed Joe Biden as the next president. Despite all the false claims brought up by Trump in the absence of any proof, Democracy stood fast for the truth.
Now that the election controversy has subsided there are other economic factors buffeting the economy and the precious metals.
Covid19 has constrained the supply of precious metals as several mines, several mining jurisdictions, and some countries have curtailed or shut down their precious metals mining operations.
But help is on the way in the form of a Vaccine. Already the Pfizer vaccine has been approved, some have already been shipped to hospitals. Some priority health care workers have already received their shots. So although it may still be a few months until the general population receives the vaccine and develops immunity there is light at the end of what has been a long dark tunnel.
There is also the impending approval of the stimulus package that the American public so desperately needs and many parts of our economy need to survive.
Today Ted Sudol of https://preciousmetalsinvesting.com interviews Charlie Nedoss, Senior Market Strategist at LaSalle Futures Group to discuss these issues and more.
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