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“Trump is not a gold hater, he’s a gold bug in some senses,” says John Doody, an economist and veteran gold investor behind the newsletter John Doody’s Fave 5 Golds. Doody explains that Trump’s economic policies—such as deficit expansion and inflationary tendencies—are likely to boost gold as a safe-haven asset during times of economic uncertainty. He also emphasizes the importance of the Federal Reserve in stabilizing the economy. Somebody has to be there to save the economy, he explains. Without the Fed, you end up with “free markets in 1930 all over again.” Doody also predicts continued interest rate cuts, noting that monetary policy often follows extended cycles of easing.

Gold Prices Rally Amid Economic Uncertainty

After taking a breather last week, gold prices are showing renewed strength. On Monday, December gold was up by $30, trading at $2,600 per ounce, with silver posting solid gains as well. This rally comes despite the initial market euphoria following Trump’s presidential victory, which had some investors questioning if a sharp correction in gold was imminent.

John Doody, a seasoned gold analyst with decades of expertise, attributes this rebound to economic uncertainty and the enduring strength of gold as an investment. “Gold has averaged an 8.5% annual return since 1971,” Doody noted, emphasizing its reliability as a hedge against inflation and market volatility.

Trump’s Economic Policies and Their Impact on Gold

Trump’s impact on the markets cannot be ignored, particularly as his economic policies often center around deficit spending and deregulation. Doody highlighted Trump’s tendency to embrace inflationary strategies, such as significant infrastructure investments and increased government spending, which can drive gold prices higher.

“Trump’s policies could add $7 trillion to the national deficit over the next decade,” Doody explained. Such policies tend to weaken the dollar and boost the appeal of tangible assets like gold. For investors seeking stability in uncertain times, this makes gold an attractive choice.

John Doody’s Top Gold Investment Strategies

Renowned for his no-nonsense approach to financial analysis, John Doody has built a career on identifying the best opportunities in the gold market. His latest newsletter, John Doody’s Fave Five Golds, focuses on high-performing mining stocks with untapped potential.

Doody revealed two of his top picks during the interview:

1. Seabridge Gold – Known for having one of the largest gold reserves globally, this company is strategically positioned in British Columbia’s Golden Triangle, a mining-friendly jurisdiction with excellent long-term prospects.
2. Ascot Resources – A smaller, value-driven mining company also located in the Golden Triangle. With a production-ready mill and substantial backing, Ascot is poised for growth in the coming years.

These companies exemplify Doody’s philosophy of investing in production-ready miners that are undervalued due to short-term challenges but hold long-term promise.

Gold vs. Bitcoin: Which is the Better Investment?

The discussion also touched on the growing interest in Bitcoin as a potential alternative to gold. While Trump’s support for a strategic Bitcoin reserve has made headlines, Doody remains skeptical of cryptocurrencies as a replacement for gold.

“Bitcoin is like tulip bulbs,” Doody remarked, pointing out its lack of physicality and inherent volatility. Gold, on the other hand, offers tangible value and can be stored securely. “If the worst comes, I can take a gold coin to the supermarket,” he said, underscoring gold’s practical advantages during economic crises.

Why Gold Belongs in Every Portfolio

As Doody aptly summarized, “Gold should be the foundation of everyone’s investment portfolio.” Whether you’re safeguarding against inflation, preparing for market uncertainty, or simply diversifying your assets, gold offers unmatched stability and reliability.

At ITM Trading, we’re here to help you navigate these uncertain times and secure your financial future. Talk With An ITM Trading Analyst Now: Schedule a Free Strategy Call or Speak to Someone Now at 866-706-9061.

The future of the markets remains unpredictable, but one thing is clear: gold continues to shine as a safe haven. With insights from industry leaders like John Doody and thoughtful analysis from experts like Daniela Cambone, you can make informed decisions about your investments.

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