The Fiscal Cliff

4400 days ago

Obama Wins: Great for Gold, US Long Term Economic Train Crash Thesis Unchanged

Well I told you so. My heart in the end went, marginally, for Romney and as I see deluded lefties across the media world delighting in another four years of hopey change I feel Romney’s pain. But my head told me Obama would win and so I have called it as an Obama victory from the moment it became clear he was going to face Mitt. I never flinched in that – whilst other conservative writers claimed Mitt had momentum and would inch it, this pundit got it 100% right. I shall cover the political and coverage aspects later but starting with the economy. Obama’s victory is not very good news for the USA.

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