In Jim Cook's Archive

HORROR STORY

If Mr. Trump loses as the polls say he will, the stock market will likely crash. Next the economy will suffer from high taxes, excessive regulation and the new green deal. The dollar will plummet as the government’s deficit explodes from the funding of guaranteed incomes, free tuition, forgiveness of student loans, lavish public works and runaway welfare spending. You can expect gun control, hiring quotas, reparations, the elimination of charter schools, a wealth tax and a relaxed attitude towards crime and looting. Inflation may be unmanageable. The demand for tangible investments like gold and silver have always increased when a liberal president won the election. This time the consequences for America are more severe than in the past. The best time to hedge against these eventualities is now when hard assets are available.

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