Many analysts and commentators are speculating the price of gold could jump following a “blue wave” victory for Democrats next month. London's Financial News reports, “A Democratic sweep could lead to a 2%–5% spike in gold prices on the back of a 'knee-jerk' move toward a weaker U.S. dollar and lower yields, according to JPMorgan metals analyst Natasha Kaneva.” However, while I think there's a good chance we'll see a bump in gold on Election Day, we really shouldn't expect that rally to last long. In fact, I wouldn't be surprised to see quite a large drop in gold prices immediately following the election. Truth is, a ... (full story)