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Change is happening fast—you can feel it after only one week under the Biden administration. No U.S. President has ever released so many executive actions: 17 were released on his first day alone!
So how will this abrupt shift in the direction of the executive brand affect precious metals?
This is something investors will want to keep their eyes on. Gold & Silver Central will provide you with up-to-speed on what is going on in the markets through this newsletter.
Today, we have some analysts who are examining the early repercussions of the Biden administration on gold, silver, platinum, metals in general, as well as the dollar and other areas of the economy.
Enjoy today’s news and we’ll see you tomorrow!
Let’s dig in…

Commentary
Here’s How Biden’s Avalanche of Executive Orders Might Crush Gold
A new sheriff is in in town, and he’s making some rearrangements. Will the new order of things support the price of gold? What a blitzkrieg! Joe Biden certainly wastes no time in signing executive orders. Since inauguration, he introduced several policies, including mandating masks on federal property, in airports and on certain public transportation, and the end of a travel bank on some countries. Biden also terminated the construction of the wall at the Mexican border, halted the withdrawal from the WHO and placed the U.S. back on the path to rejoining the Paris climate accord. We’re seeing a reversal of many of Trump’s policies. The new President’s actions shouldn’t materially affect the gold market , but if they manage to restore widespread confidence in the U.S. government, they could limit the safe-haven demand for gold.
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International
Precious Metals Gasp for Air as China Squeezes Overheated Sectors
Commodity markets ground higher as concerns of weaker demand in China partly offset a more positive macro backdrop. This saw the ANZ China Commodity Index end the session up 0.2%. The bulk commodity sector led the complex higher, with coking coal prices rising strongly. Iron ore futures inched lower. Industrial metals were mixed, with nickel and zinc lower, while copper and aluminum gained. Crude oil was relatively unchanged, while LNG fell. A weaker gold price pushed the precious metals sector lower. Agriculture ended the session higher, driven by gains in soybeans and palm oil.
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Commentary
[VIDEO] Gold and Silver Performance Hangs on the Words Jerome Powell Speaks
The FOMC meet tomorrow and Jerome Powell’s response will be crucial for precious metals gold and silver. According to the investment bank Citi they are expecting the Fed to repeat and reinforce the Fed’s existing dovishness. Citi expect no changes to policy and a repeat of the Fed’s last message. A dovish surprise would be any mention of extra stimulus. A hawkish risk would be any mention of tapering bond purchases this year.
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Commentary
As World Burns in Turmoil, Precious Metals Will Keep Soaring
GOLD is a disaster metal. In other words, its price improves when notions of the good life are threatened. This seems a time-honored fact of gold’s reputation as “a store of wealth” – a well-known characteristic behind the logic for owning Krugerrands, for instance. Consequently, the metal has had a pretty good pandemic. The gold price eased through $2,000 per ounce in August, and is forecast to do the same again this year, possibly assisted by a US $1.9 trillion stimulus package provided President Joe Biden’s party can force it through in the next few weeks. Less publicly known, however, is how Covid-19 is helping the gold price in a more direct, industrial way. According to legendary gold bull, Sprott Asset Management, a Canadian company, precious metals in medical instruments, which comprises between 3% to 5% of overall precious metal demand, is also playing its part.
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Commentary
[VIDEO] Jeff Clark Talks Gold and Silver Plus His Top Gold Stocks for 2021
In this video, the “I LOVE PROSPERITY” YouTube channel talks with Jeff Clark. He is a senior metals analyst and writer at Mike Maloney's GoldSilver.com - Jeff has some of the most interesting articles on the financial system and precious metals. Jeff talks about his views on Gold and Silver - he shares his favorite gold and silver stocks for 2021 - he talks about what stocks he's buying & what stocks he really loves.
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Commentary
Fidelity Asks: Should Gold Be Your Target?
2020 was a year that both validated and challenged the role of gold in a well-diversified portfolio. Traditionally viewed as a ‘safe haven’ that retains its value when other asset classes struggle, the precious metal stepped up to its task amid the first onset of Covid volatility with aplomb. Fast forward nine months, and gold has begun to lose some of its shine. Massive stimulus packages and renewed animal spirits have seen its price fall from a record high above $2,000 per ounce in August to now sit around $1,850. Meanwhile, a couple of tell-tale signs suggest the immediate prospects for the yellow metal don’t look all too positive.
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Gold Silver Central

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