Quote Originally Posted by Walter Sobchak View Post
Quote Originally Posted by Daly View Post
The US Dollar Index will trade sub 80.

Gold will break the all time high of 2063

Oil/Gas may not break all time highs, but will return to near highs. $4+ a gallon

The markets will continue higher but not enough to keep up with commodity prices

Real estate will trade new highs

Artwork will trade new highs

Collectibles will trade all time highs

Old/Poor people are going to really get fucked
I'd bet against DXY trading sub 80.

Problem is neither of us wants to tie up $ in escrow for 4 years.

But if you're willing, feel free to propose terms. Maybe a shorter term bet.

Trump's policy wanted the dollar low, Biden's policy is to want it high.
I have my money where my mouth is via how I’m invested so if you want to say “I told you so” later It would have taken a bite from me.

I don’t see a strong dollar policy coming from this administration although if his ties to China are to be believed he will want it strong so we can keep buying their shit. I think that story is overdone though.

Biden’s going to reward a lot of people for his election. Lot of money being handed out and any tax increase in business or the rich won’t be enough to cover added budget. He’s going to need the inflation to keep the party going (like other presidents as well, this isn’t a Biden thing). I’m betting he fosters that.


The rich will get richer. The poor will have the illusion of getting more, but they won’t. The middle class will pay for everything as prices and taxes go up. The real losers will be old people who haven’t had true commodity inflation issues for a while.