I agree. Rather incredibly, I'm starting to get concerned at sovereign risk for the US for key and near maturing biotech stocks I hold, due to what now amounts to a Constitutional crisis in the US with the immunity decision of the Supreme Court and other matters.
I was already concerned at the outcome of the election and Trump's refusal to state he will abide by the outcome, but this immunity decision is just far reaching, massive and previously unthinkable.
In particular it completely undermines a crucial body of law known as 'the Chevron principle'. I'm having to do a complete reassessment of my strategy.
Not usually given to drama but this is not looking good. It's possible to state without being dramatic that it seems like everything is going to the sh!t. Alternatively it could be realistically described as a clusterf*ck.
I really hope I'm wrong but I don't see enough dot joining going on.
A talk by Rick Rule was saying that gold producers are going to not just recover but excel.
This is a good one.
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