The U.S dollars continues to fall as Joe Biden announces the swamp creatures of his administration – November 30, 2020,

Candidate Donald Trump used to talk about currency manipulators, that was until he began one himself. A quick reminder to the reader of this posts, there was no economic recovery under Obama, there were only currency wars. The Canadian dollar if Canadians remember reached parity with the Greenback under Barack Obama, the Canadian housing market had never crashed.

Via the Obama Administrations high taxes and hefty regulations, the fiat currencies in places like Canada and Australia became very popular, also China became a world economic power under Barack Obama, which helped prevent the U.S dollar from hyper-inflating, but yea, America still consumes more than it produces and the Democrat party is good at unintentionally pointing this out.

With every Joe Biden Admin pick, the fate of the U.S dollar is becoming increasingly apparent, Donald Trump likes to take credit for everything good, but I actually think the Stock Market rallying are people dumping U.S dollars for future earnings. I actually think the markets are pricing in Joe Biden being the next Jimmy Carter because on paper Joe Biden’s administration reminds me of Justin Trudeau’s cabinet here in Canada.

When the media has to prop up individuals, you know something is wrong, in regards to the American economy as bad as it is, there are economies in the world today in way worse shape than the United States, what I see happening is the rest of world powers happy that they can resume manipulating their currency because Bidens team will be too stupid to know it’s happening and even if they know it’s happening they won’t have the will to anything about it, they after all lead from behind.

A preview of the future under Joe Biden just so I’m clear, everything bad that happens to the U.S economy under Biden will be blamed on Donald Trump, all the errors made under Barack Obama were blamed on Bush, expect the same thing to happen here, after all, Donald Trump did the same thing.

The difference with Biden, however, will be the regulations and the overt financial corruption, Donald Trump, unfortunately, for the Democrats via his elaborate press conferences got a lot of people more familiar with the operations of the U.S economy.

Joe Biden’s as well as Kamala Haris’s incompetences within a few months into their presidential run will be exposed. Sure the media will cover for Joe and Kamala, but a quick reminder, that if you believe the voter turn out to date, which I personally don’t believe, Donald Trump got over 70 million votes, which equates to a lot of people knowing how much work can be done in Washington within 4 years. Trump supporters are Trump supporters because Trump works hard, even if you believe this diaper story about Donald Trump, it would make a lot of sense based on his work ethic

Joe Biden and Kamala Harris if they opt to move slowly, will infuriate Americans and if this voter fraud problem is fixed, the republicans in 2024 could win in a historic landslide. In the meantime, however, when I look at the forex markets, it’s clear to me that the U.S dollar is on the decline the closer Joe Biden gets to the White house! Which means let the currency wars begin!

Lastly, people might notice that the price of gold is falling with the U.S dollar, to me, this is a clear sign of manipulation, the Gold markets are very small when gold stocks are sold off because the price of Gold is political
gold bullion goes down with it.

I don’t want to make any calls on Gold until the electrical college makes their presidential pick. But if Joe Biden wins I’m extremely bullish on Gold and I’ll be buying even if the prices drops further and even if there’s gridlock in Washington. The Democrat-run U.S States are bankrupt and Joe Biden plans on bailing out their debt obligations, which means the money Biden sends to these badly run Democratic states will not be used productively to build anything.

Biden also doesn’t need Congress to raise taxes, sign the Paris Agreement, and add more regulations to the U.S economy. There’s no getting around the inflationary forces that will plague the U.S consumer under Joe Biden. Sure the real market might be deflating, the cost to run businesses will be inflating which will be passed onto consumers. The media will tout this as good inflation, but it will lead to more poverty as U.S dollar will be better served outside of the United States, so again I say if Joe Biden wins let the currency wars begin!

Biden taps Yellen for Treasury, announces other members of economic team | financialpost.com

Interesting times ahead