Financial Survival Network, Released on 10/5/20
Lockdown and apocalyptic fires in the Pacific Northwest. Downtown Seattle is a wasteland. The only people on the street are homeless. The last thing you want is a sick president in the tail end of the election season. Would have been nice to see it play out “normally.” Supreme Court nominee in flux? Even if Trump loses he’ll still be a highly consequential president, with three conservative appointees. If Biden wins and Dems get the Senate will they pack the court? Will they dump the filibuster? October surprise yet to come or has it come and gone? Trump appears to have lost weight. Supposedly he’ll be discharged shortly. Fund managers start going into gold. Right now it’s a trickle but it could turn into a flood of money chasing a relatively small market and then it’s Katie bar the doors. Congressional Stimulus coming soon. Politically good to give out money to people, but not so much to Blue cities and states.
John Rubino is the founder and manager of the popular financial website DollarCollapse.com. Mr. Rubino is the co-author, with GoldMoney’s James Turk, of The Money Bubble and The Collapse of the Dollar and How to Profit from It. He spent the 1980’s on Wall Street as a Eurodollar trader, equity analyst and junk bond analyst. During the 1990’s he was a featured columnist with TheStreet.com and a frequent contributor to Individual Investor, Online Investor, and Consumers Digest, among many other publications. He currently writes for CFA Magazine.