If the outcome is a sharp economic slowdown or recession, Treasury yields will fall significantly, and that would propel gold to $4,000+ and silver to $60+.
The XAU -- a popular index fund containing publicly traded companies mining for both gold and silver -- began a run higher 18 months ago after going nowhere for the decade before.
The bottom line is that gold and silver have been valued throughout human history...people all over the world will accept gold and silver, even if they don’t want dollars, euros, or yuan.