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InvestTalk

Why Is Gold Falling After Trump’s Election Win?

InvestTalk

Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors

News Commentary, Business News, Business, Investing, News, Entrepreneurship

4.41.5K Ratings

🗓️ 13 November 2024

⏱️ 47 minutes

🧾️ Download transcript

Summary

Driven by surging bond yields and a strengthening dollar, gold prices dropped 3% following Trump's victory.

 

Today's Stocks & Topics: ABNB - Airbnb Inc. Cl A, Market Wrap, VICI - VICI Properties Inc., Covered Call Strategy, GOLD - Barrick Gold Corp., Why Is Gold Falling After Trump’s Election Win?, SMCI - Super Micro Computer Inc., RTX - RTX Corp., Lilium Applies For Insolvency In Germany, LPLA - LPL Financial Holdings Inc., MRK - Merck & Co. Inc.



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Transcript

Click on a timestamp to play from that location

0:00.0

On radio, on YouTube, streaming live on invest talk.com, and for our podcast subscribers, this is InvestTalk.

0:12.6

Independent thinking, shared success.

0:17.7

Invest talk is made possible by KPP Financial, a registered investment advisor firm, serving clients throughout the United States.

0:27.1

Here is KPP Financial Chief Executive Officer, Financial Advisor, Justin Klein.

0:34.6

Good afternoon, fellow investors, and welcome back to InvestTalk. This is our Tuesday,

0:41.8

November 12th, 2024 edition of InvestTalk. Appreciate you all tuning in for this hour, and I'm excited to

0:50.0

unpack your questions, as well as the current market conditions that continue to evolve in a

0:57.0

very interesting way post-election. And, you know, there's still news to figure out and to

1:06.2

analyze as we go through this, this new administration and what policies they're likely to put in

1:16.7

place and how that will affect broader economies, broader asset markets, and individual

1:21.9

sectors and companies.

1:23.4

And so we'll take a look at all of this on today's show as best as we can and follow along

1:29.0

and day to day.

1:29.6

And I'll give you updates as I see information come in and keep you abreast of the way

1:36.0

the market's evolving and expectations for asset prices.

1:41.5

Now, let's dig into, well, in a bit, we'll dig into the market performance

1:46.2

and run down some show topics. But as usual, we'll tackle this caller question first.

1:51.3

Hi, Justine, or Luke, this is a feed from Charlotte, North Carolina. I'm looking to check

1:58.6

your inputs on Airbnb, take a symbol A, B, N, B, Airbnb.

2:06.4

I'll listen your response on the podcast. Thank you so much.

2:10.3

Have a wonderful evening. Hi.

2:12.6

All right, looking at Airbnb, I don't think I need to tell everybody what they do, but they went public back in,

...

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