The New CS Board

[jumanji0881]

Biden could bankrupt gold stocks, warns expert, but what is the bullion's fate? : https://www.kitco.com/news/2020-10-30/Biden-could-bankrupt-gold-stocks-warns-expert-but-what-is-the-bullion-s-fate.html

My comment : A worst case scenario would impact only miners operating in the US. That would actually increase the value of non-US miners.

Excerpt:
Giannotto said that the Democrats would pursue an “environmentally focused Dodd-Frank style” type of regulation, while not an outright ban on the industry, would make operations cost-prohibitive.

“An outright ban isn’t necessary to force these companies into bankruptcy. It’s really just to strangle their access to capital, their access to investors, that’s one hand, the second is direct regulation of their activities to try to make them economically unviable,” he said, adding that putting restraints on consumers would also harm the producers.