Gold Funds See Record Inflows As Socialism Comes To New York
1. Zohran Mamdani elected NYC mayor, signaling leftist economic policies. 2. Progressive policies may deter private investment and impact business climate. 3. Gold and silver investing seen as safe during political uncertainty. 4. NYC tax base shrinking; major corporations relocating to lower-tax states. 5. Surge in gold mining fund investments signals growing demand for hard assets.