All eyes on Washington! Why gold would continue to shine?

People may wonder why I am saying all eyes on Washington whereas full world attention is on Israel- Iran conflict in middle- east. 

✅My premise for this is that road to any war in the world passes through Washington. The situation becomes pricklier as the date of USA presidential election on 5the November comes closer. I think Israel is waiting for the presidential election to get over or would attack Iran closer to USA Presidential election as that way the world would be focused on USA and the present USA administration also would be not taking any major decisions as they are on their way out.

✅This “lagrange point” (points in the space where anything remains in suspended position) situation in USA would lead to escalation of conflicts and wars in middle east, Ukraine- Russia front as well as China- Taiwan front sea.

✅Besides, the Presidential election is expected to impact the world economy and stock market in negative way whoever wins the election. One must be wondering about this. So suppose if Republican Party wins the election then they may boost investment by lowering taxes but would make imports costlier by increasing tariffs and this would increase inflation and would be negative for economy and stock market. The only positive for the world would be wars would stop as they won’t support war economy and that would be overall positive for the world in the long term.

✅Suppose Democratic Party wins the election then they would increase taxes and social welfare spending which would be negative for investment as well as economy and stock market. Also it would further fuel wars by their policies which would be overall negative for the world.

So in either of the scenario, USD would be losing its sheen and world would move towards finding alternative payment mechanism and that can be crypto currencies or fusion of currencies of leading economies of the world like China, India,etc. as well as based on gold. So gold would continue to shine brighter not only because of its attraction as hedge to war and inflation but as real asset for alternative payment mechanism.‼️