"For
the last 5-6 weeks I have mostly been out of markets and just
watching and waiting for something to make sense fundamentally and
technically as intraday currency volatility and direction did not
marry up with my initial expectations. TBH I had been waiting for
another down leg in equity and spike in the USD as the Global economy
proceeded to unwind. Last week however, it became obvious that the
rate of change in political polarisation has stepped up another gear
in advance of the US election. This time we have Liberty Proponents,
COVID Skeptics & Anti Vaxers coalescing and Redpilling even more
people as Leftist Democrats attempt a further divide and conquer of
the sleeping populace in light of the lost employment and crashed
economy. It dawned on me that this political war is about to go very
mainstream - and already we are seeing massive protests around state
capitals everywhere all over the globe. People that are awake (and
those on the fence that realise that their freedom has been snatched)
are getting very antsy. Eventually this is going to escalate into
violence and a breakdown in trust of law enforcement. You don't need
to be a PHD to realise that the focus of these Globalist efforts is
to solely capture the imagination of sheep in the US in advance of
the November election to turn people against the Government (Trump)
for supposed mishandling of the Virus response. This implies
instability. Unfortunately Trump is willingly handing destructive
control back to Blue State Governors on reopening - hoping that
everyone will blame them rather than him, but this is a flawed
strategy IMO. This will only exacerbate the political conflict, the
morbidity stats, and the grassroots rebellion. This is transforming
into a tinderbox of civil unrest in my opinion that will greatly harm
the international perception of the USD in the coming 6 months. It is
this Republican Vs Communist conflict on Domestic US soil in advance
of this coming election that will commence the killing of confidence
in Public US Assets. This implies that US equity will rise to new
highs before and following the election with the USD suffering also
as funds seek home currencies to primarily de-leverage their exposure
across the board. Although it sounds counterintuitive, I'm inclined
to like everything long against the USD." DF mindset
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