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How Will Obama’s Speech Affect Gold?

Canada Gold reports that tonight’s State-of-the-Union speech from President Obama could provide some fuel for the markets tomorrow, depending on what new policy initiatives are announced.

Considering some of the unexpected content of his inaugural address, Obama could cause a stir in the markets tomorrow if his announcements give investors reason to speculate on the government’s spending growth and its reaction to the looming debt-ceiling.

It will be interesting to see just how serious the President will be on following-through with his commitments announced last month, and just how rattled investors are likely to get following any concrete announcements that are made.

Read the full story by clicking the link below.

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How Will Obama’s State of the Union Speech Affect Gold?
President Obama Speaks to the Nation on February 12, 2013 It’s no secret that financial markets react, often erratically, to speeches made by prominent politicians. Announcements made by Ben Bernanke,…