Brazil and gold are two markets going in opposite directions. The Brazilian market has suffered for years because of political corruption. The election of Jair Bolsonaro in October 2018 raised hopes that the economy of South America's leading nation would improve. President Bolsonaro ran on an anti-corruption, nationalist platform. Since Brazil is a supermarket to the world when it comes to commodity production, Chinese investments in the country had been expanding. On the campaign trail, President Bolsonaro's warning resonated with voters when he asked if the nation wanted its future determined by decisions in Beijing