Biden could bankrupt gold stocks, warns expert, but what is the bullion’s fate?

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A full Democratic sweep would impose legislation that would make it difficult and less profitable for mining companies to operate, said Ryan Giannotto, director of research at GraniteShares.

However, the gold bullion should still perform well regardless of which party takes control of the White House, given that historically, gold has rallied in the years following an election for both Democratic and Republican victories.

0:00 - Gold's performance in prior election cyclces
2:59 - Gold performed better in GOP victory in first 24 months after election
4:33 - Can this year be the same?
6:30 - Mining companies are at risk if Democrats sweep
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