America’s Still Ridin’ with Biden

I’ve seen this movie before… only two years ago. [The Rude Awakening] November 09, 2022 [WEBSITE]( | [UNSUBSCRIBE]( America’s Still Ridin’ with Biden - Like the Blue Wave before it, this year’s Red Wave never materialized. - We’ve seen this movie as recently as 2020. - Your plans matter more now than ever before.Let’s get started. [BOMBSHELL: The Briefing That Shook Our Business]( Jim Rickards dropped an absolute bombshell on our readers. [That’s why I am sending you a personal rebroadcast link to the briefing that cause quite the stir in our office.]( With some saying this could be the biggest scandal since Watergate... And with our phones ringing off the hook... I’m urging you to [get caught up immediately]( — there isn’t much time left. [Click Here To Learn More]( [Sean Ring] SEAN RING Dear Reader, I’ll still say it… Happy Hump Day! As I got to my computer at 06:30, here’s what I saw: [SJN] [SJN] I shake my head in America’s general direction. But I should know better than trying to figure out how the other side thinks. And if you still don’t think “the other side” exists and I’m being overly divisive, here you go: [SJN] What. The. F*ck. Buck Sexton tweeted, “People who voted for John Fetterman are why reality and rationality no longer matters in politics, just party identity and raw power.” Take a bow, Buck. You nailed it. So in this edition of the Rude, we’re just going to deal with it. Oddly Enough, I’m Not Surprised This isn’t a cop-out. I thought there’d be a Red Tsunami and Biden would be a “lamer” duck for the next two years. Clearly, I was wrong. But when I woke up and saw the results, I didn’t gasp with shock. I just rolled my eyes and thought, “Ok, what’s the play?” Here’s what I think, at first glance: - Jay Powell now has a free hand to continue to raise rates. - The 10-year yield will approach, if not exceed 5% over the coming months. - The USD will rally again from here, thanks to the raising of rates. - Our current mini-rally will prove to be yet another sucker’s rally. - Tech stocks will continue to get killed over the coming months. - Emerging markets will be under more pressure, thanks to the dollar rally. - Bonds will continue to get pummeled. - All crypto should be avoided.We still don’t know what’s under the mattress there. - Real estate prices will continue to deteriorate. What about gold, you ask? [SJN] My answer is a big “Not yet!” I entirely agree with my erstwhile colleague and ace Jim Rickards analyst Dan Amoss here. Since the Fed will continue to raise rates, this will pressure gold. But once the Fed pivots, back up the truck and buy as much of the “barbarous relic” as you can. However, the biggest change of my mind is… Donald Trump Ought to Retire It’s no secret I’ve been Trump’s biggest supporter on this side of The Pond, at least. But if there’s one thing this result screamed at me it’s that his specter hangs over the Republican party and is now a drag. The nation, however corrupted it is, simply doesn’t want him. He needs to go. With all that said, I don’t think he will. And I think he’ll get crushed in 2024 against whomever the Democrats run. Because if there’s another thing this result proved, in blue states the Dems can run a damn scarecrow and it’d win an election. [Warning: Will “Bidenflation” Destroy Your Retirement?]( If you’re like most Americans, you’ve worked hard for decades to build your financial legacy. And now, as a result of Biden’s disastrous money printing policies, that’s all at risk. According to one top retirement expert, “Bidenflation” threatens to destroy your retirement and make your hard-earned savings worthless. That’s why you must take action right away to protect yourself… [Click here now to get the simple, step-by-step actions to survive “Bidenflation.”]( [Click Here To Learn More]( House Money Why don’t Dems care who runs for them, you ask? I have a theory. Just a thought. You have my permission to think, “Seanie, that’s bullshit.” But I’m going to share it with you anyway. There’s a concept in behavioral finance called “the house money effect.” From [Investopedia]( - The house money effect is a behavioral finance concept whereby people risk more with winnings than they would otherwise. - The effect can be attributed to the perception that the investor has new money that wasn't theirs. And because of the perception that the money wasn’t theirs, to begin with, these investors don’t mind losing it. I think that the 401(k) gains over the last 15 years are so obnoxious to Democrats that they don’t mind giving back some or all their profits. That’s why they vote in a way that seems suicidal to ordinary people. It’s collective guilt. So, losing money that’s not theirs in their mind lessens the guilt. And you, my friend, are powerless against that mind virus. Even if you’re a prepper… Doomsday Prepping Will Not Help You A beloved friend of mine is fond of saying, “I’ve got enough gold and guns to last me.” I was never a fan of prepping. But remembering that a bunch of rustics took down the largest empire the world had ever seen in the late 1700s, I was reluctant to poo-poo the idea of farmers taking down the current military-industrial complex. However, if you think you can take down the military-industrial complex and half your neighbors, you need to grab a glass of Country Time Lemonade, walk outside to your veranda, sit down, and rethink your position. I now think that friend of mine would be the first in his town whose head would resemble a donut once his neighbors got wind of his gold. If you’re stocking up on canned food because you’re worried about the economy, fine. I totally get that and encourage you to continue. But if you’re doing that thinking you’ll “hold out” for months against the ATF and the local yokels, you need to get your head checked. There are far better options anyway. The Rude Remnant Like the great Albert Jay Nock, I give up. [SJN] Credit: [Wikipedia]( If you’ve never heard of Nock, I’ve got a treat for you. From [Wikipedia]( Albert Jay Nock (October 13, 1870 – August 19, 1945) was an American libertarian author, editor first of The Freeman and then The Nation, educational theorist, Georgist, and social critic of the early and middle 20th century. He was an outspoken opponent of the New Deal and served as a fundamental inspiration for the modern libertarian and conservative movements, cited as an influence by William F. Buckley Jr. He was one of the first Americans to self-identify as "libertarian." His best-known books are [Memoirs of a Superfluous Man]( and [Our Enemy, the State](. If you click on the two links above, you can read the books for free, courtesy of mises.org. In his 1936 article "[Isaiah's Job]( Nock wrote of his complete disillusionment with reforming the current system. Believing he couldn’t persuade most of the population of the correct course and opposing violent revolution, Nock argued that libertarians should focus on nurturing what he called "The Remnant." According to Nock, The Remnant is a small minority who understood what was going on and would become influential only after the current dangerous course had become obviously untenable. The Remnant understands that situation might not occur until far into the future. Quite frankly, I’m not sure the masses will understand this mess even far into the future, if ever. But to paraphrase Rick Blaine in Casablanca, the problems of the masses are not in my department. You’re in my department. I’m concentrating only on you, a member of the Rude Remnant. Remember the Rude’s Four Pillars of Financial Freedom: - Own a second passport. - Own a cashflow-generating online business. - Get in great shape. - Own some crypto. (Only if you already own Bitcoin. Don’t buy more until the smoke clears. And no shitcoins!) With that in mind, over the coming days, I’ll be writing about what I think you can do to position yourself to hedge your risk and take the upside. Wrap Up We can no longer deny it: the America we grew up with is gone. And it’s never coming back. But there are things we can do to protect ourselves. Over the coming weeks and months, we will do just that. So, sit back, relax, and have a wonderful day today. All the best, [Sean Ring] Sean Ring Editor, Rude Awakening P.S. The clock is ticking. Jim Rickards just went live with his Emergency Election Briefing, and there is no time to waste… Starting as soon as today, he believes you have the opportunity to 15X your money in the next 90 days after the election results. And to make sure you have everything you need, he just launched a brand-new research service called The Situation Report with Jim Rickards and [made an absolutely crazy offer](. WARNING… [this offer]( is extremely limited and will be taken down when enrollment is full. [Click here for the details.]( [Paradigm]( ☰ ⊗ [ARCHIVE]( [ABOUT]( [Contact Us]( © 2022 Paradigm Press, LLC. 808 Saint Paul Street, Baltimore MD 21202. By submitting your email address, you consent to Paradigm Press, LLC. delivering daily email issues and advertisements. 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