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While The Mainstream Media Lies About The Destruction of The U.S Dollar, Gold Bugs Are Watching The Senate Race Like Hawks – November 7, 2020,

Posted on November 7, 2020 by RichInWriters

While The Mainstream Media Lies About The Destruction of The U.S Dollar, Gold Bugs Are Watching The Senate Race Like Hawks – November 7, 2020,

I personally admire Donald Trump, I think he did the best job as President he could possibly do, but I care more about the well being of my family and America apparently made their choice. Even if President Trump won, the race was still very close and that’s all I need to know, about what a second term under Donald Trump is this climate would look like.

I think it’s in President Trump’s best interests after he appeases his die heart supporters to conceded and possibly run again in 2024 if that’s what he wants to do. In the meantime, the only race I and many other Gold Bugs are watching is the Senate race in which the Democrats and Republicans are running neck and neck.

If the Democrats win, Gold will shot to the moon, if Republicans win, well… ‘me not so sure yet!’. Will the Tea Party make a comeback or will we get a bunch of Rhino Republicans in the Senate, a lot of Female Republicans won their Senate races and with women, you never know.

If Americans start yelling my baby needs diapers and food, do you really think the Republicans won’t allow stimulus? ‘Me not so sure!’ However, if the Democrats win, the problem won’t be the stimulus, the problem will be dollar debasement, which is good for gold, already gold bullion is being sold out everywhere, people are dumping the U.S dollar in a variety of ways, this has the Obama 2008 feel all over again.

If people forget, Obama’s economy never recovered, what happened was there were currency wars, candidate Donald Trump spoke about this when he began running unfortunately he abandoned talking about currency wars because most Americans don’t understand it.

Because the U.S economy is actually deflating, most people have a hard time imagining currency wars being a negative for the U.S dollar. Well, currency wars equate to debasement, and debasement is never understood until innovation comes to a standstill.

So technology from an economic standpoint has been deflating the global economy since the 1990s however what hasn’t happened is the government hasn’t shrunk, instead the government has been bailing out dying industries borrowed money and that borrowed money is getting cheaper and cheaper service, which equates to entities having access to this cheap money using this cheap money for unproductive means.

Now, with Joe Biden, there’s more taxes and more regulations, this makes borrowing money more expensive, now, unless you have a lot of money, you’re going to be reluctant to invest it in the U.S economy, because you’d be taking all the risk while Joe Biden takes all the credit, I won’t waste time writing about the U.S economy, because it’s pretty obvious what’s going to happen under Joe Biden.

However, what’s very interesting for us in the Gold community is the Senate race, Democrats will learn the hard way, why socialism will never work in America. Now, there’s an assumption that printing money has no consequence, it’s wrong to assume this, political leadership plays a huge role in a Political fiat U.S dollar.

Why the dollar went up under Donald Trump was because of the robustness of his ideas, investors could see a return on investment with Trump. Under Biden “we’re not so sure” Joe Biden comes across as an imbecile who knows maybe he’s a smart man, but he doesn’t sound like one.

Therefore his policies will determine the fate of the U.S dollar, Joe Biden would be wise to nothing while in government, I see nothing he does being a positive for the U.S dollar, we all knew Donald Trump wasn’t a Statesmen, but he did understand the business community and therefore we could see what he planned to do.

Joe Biden is an older version of Barack Obama and this means currency wars, there’s no getting around it, the dollar will fall and other countries will find a way to devalue their currencies also, this means inflation, which is why under Obama they came up with this stupid term called ‘inflation targeting’ which is the dumbest thing ever created and they only got away with it, because Obama was the first Black President.

Biden is as White as White gets and Kamala Harris isn’t very likable, so I see some interesting times ahead and be careful what mainstream media news outlet you listen to because many of them want you to miss out on some huge gains! The Forex markets hate Joe Biden, interest rates are already rock bottom, and stimulus is already priced in, the gains of the U.S economy will come from Dollar Debasement!

Prices for things will go up, which is bad for Mainstreet, but good for Wall Street, Barack Obama was a God Send for Wall Street, he bailed out everything, Trump’s problem is Trump was going to make the market competitive again, he did the unthinkable by going to war with Big Pharma and Big Tech which cost him the election, Biden will do none of that, Biden will screw over Mainstreet, Biden will screw over the poor and the middle class-who tend to believe the mainstream media and trust the Democrat Party.

Now if the Republicans win the Senate, the Democrats will do what they did under Obama and blame the lack of stimulus on the Republicans, this strategy will work, but if the Democrats win the Senate, the Democrats will have to own the market collapse! Anyway, now that Dementia Joe Biden is the President you’d be wise to watch the Senate races, if you’re a Gold-bug it’s the only thing that matters now!

BTW, of course, they’re going to try and manipulate Gold and Silver prices, it won’t matter, because other currencies will be debasing their currencies next to the dollar which will tell you everything you need to know about the price of Gold and Silver. You don’t have to cash out your Gold and Silver in U.S dollars! No more free advice for you!

Analysis: Clouds gather over battered dollar in aftermath of U.S. election | reuters.com

Interesting times ahead!

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