Make Kitco Your Homepage

Who will win the 2020 presidential election? Doug Casey weighs in on what matters

Kitco News

Editor's Note: Get caught up in minutes with our speedy summary of today's must-read news stories and expert opinions that moved the precious metals and financial markets. Sign up here!

(Kitco News) - On the 2020 presidential elections, Doug Casey, founder of Casey Research, said that the outcome will depend on the economic conditions at the time.

“It all depends on the economy, and that’s not a new observation. I think Clinton said that quite correctly years ago,” he said.

Casey noted that volatility is bubbling under the surface as another economic downturn, much greater than anything we’ve seen before, is coming.

“I’ve been saying we’re going to have a Greater Depression for years. It’s going to be much worse, much different, and much longer lasting than the unpleasantness of 1929 to 1946,” Casey said, adding that he has lower hopes for Donald Trump being re-elected.

“I’m not betting on Trump this year. It doesn’t matter who wins, the next president is going to have a tiger by the tail. Now, this is very, very serious,” he said.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.