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Election Parallels and Economic Strategies
The chapter draws parallels between the upcoming election and the 1972 election, focusing on economic aspects, inflation concerns, and administration strategies. It warns investors about risks from inflation and excessive debt, highlighting historical events like the failed treasury auction in 1971. The discussion extends to Fed actions, sinking funds, treasury buybacks, China's impact on gold, investments in gold mining companies, and potential implications of the election on financial assets and the Fed.