I think the markets will see Liberal majority as stable. They were fighting the deficit. From a workers point of view I have seen taxes and user fees rise dramatically and take-home pay drop over the last 5 years. But generally good for higher income people and corporations, so the market will look on it favourably. They don't like change - better the devil you know. The fact that Reform rather than a separist party is the official opposition should be favourable. Out west we vote Reform as protest in that both the Liberals and Conservates cater to only Ontario and Quebec. For instance, the dreaded National Energy Program nearly killed the oil industry in Alberta and sent the money "down East". We only have one condition for Quebec separating, you MUST take Ontario with you!
I, too, am trying to understand the price of gold and what is keeping it down. The Central Banks aren't selling that much gold. Demand is greater than supply.
Do you think the US government is trying to hold the price of gold down? So that foreigners will buy US bonds rather than gold. If the EU succeeds in bringing in the Euro it might weaken the US dollar as then you have 3 choices, US, Japanese Yen or Euro.
There is also a thread called "At bottom now for gold", which was started long before this one. Check it out.
Market Data 
Markets 
AI
