Dems' spending plans ‘would crush the U.S. dollar’ and ‘that gives gold a floor’ – Phoenix Futures’ Grady 

(Kitco News) – The incoming Democratic Congress will have no choice but to embrace the AI buildout if they want the revenue to fund their spending priorities – and that spending will likely weaken the dollar and boost gold, according to Kevin Grady, president of Phoenix Futures and Options.Grady said he was surprised to see the market’s initial reaction to the midterm results.