Donald Trump and Hillary Clinton may have very little in common, but Barry Allan, vice chair of mining for Mackie Research Capital, says if either moves into the White House, the U.S. dollar will fall and gold will rise. A higher gold price bodes well for gold equities, and in this interview with The Gold Report, Allan and his colleague Ryan Hanley share the names of some of their top picks for this environment.
“If you're an activist investor, a hedge fund or a billionaire, what you're trying to to is to force that company to make a certain amount of money every three months. And you want them to squeeze everything they can every year out of them so you can sell your stock in a year and a day and pay a lower tax rate.”
For months, the U.S. State Department has stood behind its former boss Hillary Clinton as she has repeatedly said she did not send or receive classified information on her unsecured, private email account, a practice the government forbids.