Have you ever seen such a ridiculous presidential election? That’s a trick question, they are all ridiculous.
We have decades of mis-management. From congress continuously running massive deficits, undeclared wars, unfunded liabilities, taxes, fees, central bank policies, bail-outs, government backed college/mortgage loans, drug wars, explosive prison populations, land right violations, congressional insider trading, Federal funded terrorism, Federal gun running, asset forfeiture, and a host of other things I’m sure many others can point out.
Phew! It’s no wonder people have turned to Bernie and Trump, the people no longer want insiders. It can be argued if Bernie and Trump are true outsiders or not, but it’s the perception of the masses that matter and they are pissed even if they can’t put their finger on the cause of everything.
I am going to have to agree with Martin Armstrong on this matter, Bernie and Trump showing up are the symptoms not the cause of decades of cronies, insiders and the deep state making the common man’s life more and more difficult and uncertain.
The BREXIT vote coming up at the end of the month will cause volatility. George Soros has come out of hiding and is personally betting against U.S. stocks and buying gold miners. Remember George Soros can remain solvent longer than you can remain rational…. or something like that… I forget how the saying goes now.
I wish I could say I know what’s coming and when. Board members think it’s the calm before the storm. Proper asset allocation that includes precious metals is a must if you want to ride out what’s coming.