Gold sellers find 'fertile ground' among Trump supporters gripped by banking angst

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Gold sellers find 'fertile ground' among Trump supporters gripped by banking angst
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Gold retailers have found a receptive audience in Donald Trump supporters who don\u0027t trust government and the banking system. Read on.

“Their passion is their protection,” said Joe Cavatoni, chief market strategist at the World Gold Council, in an interview in New York.

The company handed out golden tote bags and stacks of small, squeezable foam gold bars with the company’s logo and phone number that it called a “Biden stress reliever.” Griggs said the company has begun exhibiting last year at conventions including CPAC and the Shooting, Hunting and Outdoor Trade or SHOT Show in Las Vegas to reach potential customers who generally share the same ideology and political outlook.

At CPAC, Tom Trefny, a software manager from Round Rock, Tex., stopped at the Advantage Gold booth and said that as a conservative Republican, he gets the appeal of owning physical gold — especially with the risk of a recession hurting stocks and skepticism that Biden will corral inflation.Article contentConservatives tend to be monetary hawks who are concerned about high inflation and spiralling U.S.

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