2020 Election – The Least Important Presidential Election

John Rubino and Ian Klassen are returning guests on this week’s radio program.  

With America more politically divided than ever, Americans believe the 2020 Presidential election is the most important election in our history. But with regard to America’s economic future whether it is Trump or Biden who wins, it won’t make much difference. America still owns the world’s reserve currency but it also has a balance sheet liability of over $27 trillion and an off balance sheet liability to its citizens of something like $170 trillion. The only option to whoever occupies the White House will be to print trillions of dollars to meet those government obligations, which in turn will mean the purchasing power of the U.S. dollar and likely its reserve status will be gone with the wind. 

John discusses the dynamics behind the dollar’s dismal future and Ian talks about the reasons for optimism that GMV Minerals gold project in Arizona can help shareholders of that company offset some of the harmful effects of a debased U.S. dollar.

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John Rubino runs the popular financial website DollarCollapse.com. He is co-author, with GoldMoney’s James Turk, of The Money Bubble: What To Do Before It Pops, and author of Clean Money: Picking Winners in the Green-Tech Boom (Wiley, 2008), The Collapse of the Dollar (also with James Turk), How to Profit from the Coming Real Estate Bust (Rodale, 2003) and Main Street, Not Wall Street(Morrow, 1998). After earning a Finance MBA from New York University, he spent the 1980s on Wall Street, as a Eurodollar trader, equity analyst and junk bond analyst. During the 1990s he was a featured columnist with TheStreet.com and a frequent contributor to Individual Investor, Online Investor, and Consumers Digest, among many other publications.

Ian Klassen adds almost thirty years experience in business management, public relations, government affairs and entrepreneurialism to the Company. He has extensive experience in the administration of public companies, government policy, media relationship strategies, business/government project management and legislative decision-making.

Mr. Klassen is an (Honours) B.A. graduate from the University of Western Ontario and is a recipient of the Commemorative Medal for the 125th Anniversary of the Confederation of Canada in recognition of his significant contribution to his community and country.

About Jay Taylor