Question: James, with all the insanity going on over this Covid crap do you think our markets will crash and burn before or after the election? You’ve said that no matter who wins in November, the other party won’t accept the results.
What are your thoughts?
Answer: You are correct, Lana, about me saying the losing party won’t accept the results of the November election. Unfortunately, there will be hell to pay from the increased civil unrest…especially after the election.
However – and you’ve heard us say it before – the markets constantly move in the direction that frustrates the most people.
So, while a certain political party is cheering for the markets to die (Cough! liberals, Hairball Cough!) so they can use it to discredit Trump and get him out of the White House, most will misunderstand the capital flow taking place behind the curtain.
The Whores-Of-Babble-On Presstitutes fail to tell you how Billions of dollars keep flowing into the US every month.
Capital (Money) always flees Tyranny.
You don’t need to be a rocket scientist to see how the rest of the world is rapidly descending into tyranny – Hong Kong, most of Southeast Asia, Australia, and Europe come to mind – accelerated by the fear of death from a cold virus with a 99.5% recovery rate.
This is the kind of action that accelerates the panic of money wanting to get to a safer harbor.
That’s why the ongoing massive influx of cash to our shores is what keeps our markets strong.
That’s not to say there won’t be bumps down the road. In fact, you should expect them…soon.
The good news is the USA is still the safest bet on the planet for money. The bad news is…we’re moving towards tyranny as well.
How long will that take?
It won’t be a single event that turns the tides…like the election.
However, the markets have a unique way of sniffing out the outcome of an election (Pun Intended, Creepy Joe) before it takes place.
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