The Presidential Elections will take place in less than one month, with November 3rd only a mere 25 days away.
The anxiety, the uncertainty is rife and all around us, especially if you call yourself a citizen of the United States, however, the ramifications of the coming election will be felt all around the world.
At the moment both the Democrats and Republicans are jockeying for position and the typical political nonsensical games are being played in real time, as seen from the non stop appearances of political surrogates from both parties appearing on the MSM, spewing their talking points and pushing their agendas.
However, there are a few things that are all but guaranteed at this point, regardless of which side is deemed the victor.
Political Violence Will be in Abundance
I take absolutely zero joy in this predication.
Yet, I see no alternative scenario unfolding in the coming months.
Political violence is going to hit a level within the United States that we have not seen in decades, and that is saying a lot, considering the near non stop riots and strife that have been unfolding in many major cities across the United States in the last half of the year, with Portland being one of the most serious examples.
Unfortunately, I believe that this is going to be nothing in comparison to the coming dark days that the world is going to be forced to bear witness to, if one side or the other does not win in a complete and utter landslide.
The plethora of mail in voting that is taking place within the United States due to the ongoing COVID-19 pandemic has led to increased uncertainty and mistrust within the voting system, with many on the right speculating that "funny" business is almost going to be taking place.
Meanwhile, conspiracy theorists on the left have attacked the U.S. Postal system as well, with many declaring that President Trump is attempting to sabotage the organization and thus throw the election into chaos. More than likely, neither side is right, however, this does not change the fact that mail in voting is notoriously flawed and has had very serious problems in the past, due to improperly filled or filed voting ballots, resulting in a large number of them being simply discarded.
What this is all leading to is one of the greatest enemies of the markets and democracy at large, extreme uncertainty, the likes of which is likely only going to fuel the radical sides of both parties further in the coming months.
Many are going to feel "justified" in their violent actions due to this heightened level of uncertainty, whether it be through direct violence to others who they deem the enemy, or simply through outright destruction of property while engaging, as the MSM likes to put it, "mostly peaceful protest".
This is going to send the financial markets spinning, as the country attempts to resume stability and hopefully cooler heads can prevail.
Extreme Money Printing is Coming
The next scenario that is all but guaranteed at this point is the fact that much, much more stimulus is coming after the elections, regardless of who wins.
President Trump is pushing hard for a second wave of COVID-19 stimulus, amounting to approximately $1 Trillion USD.
This effort has been bogged down by the Democrats for a number of reasons since rumors first began circulating that a second wave of stimulus was in the cards, over six months ago.
Although many reasons and objections are cited as to why funding is not being passed, it doesn't take a rocket scientist to figure out that passing a second stimulus bill and placing a fat check in peoples bank accounts weeks before an election, is not in the Democrats best interest and would only help President Trump's chances of re-election.
"Buying" votes is a well known tactic for politicians, however, the Democrats have mastered the art of easy money printing above all others.
Still, this does not mean that no stimulus is coming if Joe Biden wins on November 3rd, in fact quite the opposite.
Remember, Joe Biden is in much greater favor than President Trump of shutting down the economy and placing further restrictions on the economy, in an effort to slow down the spread of COVID-19.
If this occurs, or even if it doesn't, then the Democrats are going to push for additional stimulus packages of their own, putting the printing presses in high gear, cranking out those digital fiat dollars.
Likely this is one of the reasons why we are seeing a renewed weakness in the strength of the U.S. Dollar Index, as market participants can clearly see that much more money printing is going to take place, before this crisis is fully put behind us.
Additionally, both gold and silver bullion have surged significantly higher as the odds of Joe Biden winning the President elections (according to many analysts and polls), has increased in the past number of days.
Still, these polls and predictions should be taken with a grain of salt, as we all know what happened in 2016, when Hillary Clinton went into election night with a 98% chance of winning.
Regardless, the markets clearly believe that Joe Biden will be the "even easier money" President.
In Conclusion
The coming days are going to be intense, scary and incredibly interesting to watch unfold.
The 2020 U.S. Presidential campaign cycle is soon to come to a close, however, the ramifications of November 3rd are going to be felt well into 2021 and beyond.
Regardless of who wins, strife is going to occur, uncertainty is going to be in abundance and fiat money printing is going to continue in excess.
The moral of the story? Prepare accordingly and above all else...
Keep stacking.
