Financial Survival Network, Released on 11/2/20
Polls tighten, raising odds of civil unrest:
–Trump drawing insanely large crowds in battleground states, dwarfing Biden’s audience;
— Minority turnout is disappointing compared to probable Trump voters;
— White House building big fence in anticipation, cops are on alert in big cities.
If stimulus is delayed through the holidays, mass bankruptcy and default in both private and public sectors. Malls, restaurant chains, airlines are all toast. Lockdown impoverished travel, government and so many millions. If they don’t money in a hurry, they are bankrupt. It would have been done if not for the election. It’s in each party’s interest to delay it for a while. Each month that goes by makes it less likely many of these companies will survive.
JPMorgan came right out and said economy chaos is great for stocks!
Europe is locking down again, will President Biden do the same for the US?
Is gold the big winner from this election?
Silver would be the big winner from a Blue Wave?
Greenwald quits Intercept after being censored.
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.