The media has been running what could ONLY BE CALLED a giant psychological experiment on the American public in the last few days, INCITING FEARS of a 2nd wave of the coronavirus. For a while, the public bought into it, investors were STRESS EATING over it, and gold GOT DUMPED because of it!
But it looks like Wall Street isn’t too quick to rush to conclusions like mainstream media would like it to.
I find that it can’t JUST BE A COINCIDENCE that on the day President Trump announces that he wants to bring back election rallies, the overflow of news about a 2nd wave arrives out of nowhere, even while death cases are DROPPING FAST.
The media in this country will become even MORE POLITICAL as we approach elections.
I expect this to be the most BLATANTLY CORRUPT coverage of a presidential election in this country’s history. The real battleground will be on social media platforms, as well as on alternative media.
The Democrats will not repeat the mistakes of old, and I expect Joe Biden to appear on shows that Hillary Clinton passed on, thinking that they’re not THE BEST USE of her time.
With less than five months to go, we will begin to highlight what the DATA is revealing from the ground level, but I can tell you that markets are STILL BETTING on a Republican win since there’s been no discounting yet for AN UPSET.
China’s battle for supremacy with the U.S. will not stop with either Trump or Biden. Instead, it’s the story of the 21st century.
The two cultures are so GREATLY DISTANCED that two blocks are forming right now.
Portfolio Wealth Global anticipates that in the next 2-4 years, the Chinese will feel CONFIDENT ENOUGH to challenge the monopoly that the dollar enjoys in its reserve currency status.
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There’s a viable probability that CURRENCY BASKETS will emerge – one for U.S.-influenced regions and another for Chinese-led ones.
There’s no doubt that America works. America is an economic superpower, but we can’t deny that China’s economy is, WITHOUT A DOUBT, going to be bigger than America’s in 5-7 years from now.
Denying this will not solve this TECTONIC COLLISION of plates.
The U.S. has been able to police the planet since WW2, but its role as the only military superpower is putting it AT ODDS with China’s goals of greatness.
We’re not predicting conflict and STRONGLY BELIEVE that wars between empires are largely a thing of the past. The weapons at the disposal of these countries are so strong that just knowing the other side has them is THREATENING ENOUGH.
It’s a weird type of peace, but it works. Each side knows that a lot of damage can be inflicted by the other party, so they DO ANYTHING THEY CAN to avoid that kind of scenario.
The topic of China will be the main one in the coming elections, as we see it, along with the subject of getting back to normal.
Personally, we believe this election will be decided DEEP IN THE GAME and it will be tighter than the 2016 election was. Every vote will count and both candidates will FOCUS ON WAYS to get non-voters to turn up.
China will be closely watching…
Best Regards,
Tom Beck
Research Partner, PortfolioWealthGlobal.com
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