2016 Postmortem
Related: About this forumThe ultimate guru of the world just indicated that they think Hillary has this
Bigger than Nate Silver, Rasmussen, Quinnipiac or Fox Noise combined, and one Republicans love to claim to believe in:
"The Markets"
The Euro closed at $1.1137 last Friday, up from $1.09 a week before. So the fake FBI email affair may have rattled "The Markets" for a few days last week, but they have calmed down, and taken a hard look at the lay of the (our) land, and found that their money is (literally) better laid upon Hilary winning the presidency. Since tens of billions ride on traders not being wrong, these are people who are either the biggest speculators of all time, or else they are rather confident. They represent the Great Republican God (money). The euro is, at present (11:00 PM European time--the markets in Asia and Australia are open), back down to $1.1055. That's almost a whole cent.
A whole cent in the currency markets is not completely unusual, but such a movement is often an indication that something has happened to either rattle or reassure "The Markets." If it looked like a Trump victory to the big Asian currency traders, the euro would more than likely be at $1.22 and rising against the dollar at this point, and gold would be shooting through $1450 an ounce on its way to $2000, or some close stratospheric number. Instead, the price of gold is languishing lazily at $1303 an ounce, pretty much where it closed Friday in New York.
canetoad
(17,195 posts)on markets or with bookies, I checked the odds at Paddy Power. Looking good!
http://www.paddypower.com/bet/politics/other-politics/us-politics?ev_oc_grp_ids=791149
US Presidential Election 2016
Hillary Clinton 1/5
Donald Trump 4/1
Evan McMullin 500/1
Jill Stein 500/1
Gary Johnson 500/1
OilemFirchen
(7,143 posts)Down since the general election started. Confidence in a Clinton victory may cause a substantial plunge.
DFW
(54,445 posts)That's exactly what ALL the "gnomes" expect.
And I'm sitting on a cache of gold and silver coins, recently acquired to sell on my mom's behalf.
Oh well. Every silver lining has a cloud.
DFW
(54,445 posts)Like Little Orphan Annie sang......"Tomorrow, tomorrow, I love ya tomorrow......"
If they are older and do have some numismatic value, call HA.com to find out--and THEN sell them before the day is out!
DFW
(54,445 posts)Looks like their assessment is solidly Hillary.
I have to run down to Spain for the day, will check in from there.
spooky3
(34,483 posts)decided to try to influence the election.
It's not just "uncertainty" that rattles the big money--it's the prospect of having a nutcase loser rather than a sane, steady and intelligent leader win the election. They know Trump's election would be disastrous on many fronts.
AmericanMan1958
(520 posts)It never lies!!