Rickards: The Election Outcome is Still Up in the Air

The U.S. presidential election is a significant event for investors, as it has the potential to impact markets for years to come. The race between the two candidates, Trump and Harris, is particularly significant due to their drastically different policy proposals. While the daily campaign process is important, it is crucial to understand the core dynamics of the race to predict the eventual winner.

The Kamala Narrative Versus Reality

The campaign can be seen as a race between the Kamala Narrative and the Kamala Reality. Since Joe Biden's withdrawal from the race and endorsement of Kamala Harris, there has been a surge of pro-Kamala propaganda in the media and political arena. However, the reality of Harris's policies and past actions may not align with this narrative.

The Kamala Propaganda

The media has been portraying Harris as a fresh face with new ideas, despite her role in the previous administration. The Democrats' strategy appears to be to maintain this narrative until mid-October, before the reality of Harris's policies and past actions can catch up. This strategy is based on the compressed election calendar, as most votes will be cast before Election Day.

The New Kid in Town?

While Harris is being portrayed as a "new" candidate, the reality is that she is a radical progressive who will likely be influenced by the Obama wing of the party. Her policies include corporate tax increases, price controls, and support for the Green New Deal, all of which could potentially slow the economy and hurt stock prices.

The Trump Dilemma

The challenge for the Trump campaign is to expose the reality of Harris's policies and past actions before the election. This must be done despite a media blackout and Democrat lies about their real positions. The endorsement of Trump by Robert F. Kennedy Jr. and his VP selection of J.D. Vance could help in this effort.

The Dems’ Doomsday Plan

Even if Trump wins the election, the Democrats have a plan to challenge the result. If they retake the House of Representatives, they could pass a resolution to disqualify Trump's electoral votes under Section 3 of the 14th Amendment. This would throw the election to the House of Representatives, potentially resulting in a Kamala Harris presidency and a J.D. Vance vice presidency.

Bottom Line

With 41 days left until the election, the outcome is still uncertain. Trump's campaign must work to expose the reality of Harris's policies and past actions, while the Democrats have a plan to challenge the result if necessary. The election is far from over and far from certain. What are your thoughts on this? Share this article with your friends and let us know your opinions. Don't forget to sign up for the Daily Briefing, which is delivered every day at 6pm.