Quote:
Originally Posted by Oerets
The election may well be the tipping point I fear. Where safer havens are needed.
Seeing the dollar as unstable like the government will be.
So far the saving grace is no real second choices over the dollar.
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What I do foresee is that if the Repugs win majorities in both the House and the Senate, there goes any modicum of responsible governance. Biden for who he is is a weak president and the GOP will go back to their usual way of spreading disinformation (Benghazi I, II & III centered around Biden, Peleosi & Garland) and create as much chaos as possible to whitewash Trump's crimes and sabotage Biden's administration to put Trump back in the White House. With Netanyahu elected again, expect the right wing around the world to get energized. I will make a small bet that Boris will be PM again if Sunak falters which is pretty much a given considering their economy. Erdogan is already gaining a lot of influence and Ukraine funding will be subjected to blackmail (land for peace).
This will embolden Russia and China to gain more influence with Rubles and Yuan gaining in value. How this will impact the USD is still question in my mind but if it falters, the GOP as always will point at Biden.
Bigger question is whom are the Democrats grooming to run against Trump? No body that I can see. What I fear is that from the GOP perspective, if Trump is their nominee, great. If its not Trump, even better.