Can President Biden Be Swapped Out as Democratic Candidate? What It Means for Markets, Gold, Bitcoin
HTML-код
- Опубликовано: 3 июл 2024
- Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, hosts a power panel discussing if Democrats could legally swap Biden out for another candidate following his shaky performance at the presidential debate. Wendy Patrick, President & Founder of BlackSwanVerdicts.com, Richard Roth, Founder & Partner of The Roth Law Firm, Michael Lee, Founder of Michael Lee Strategy, and Todd 'Bubba' Horwitz, Chief Market Strategist at BubbaTrading.com, break down the likelihood of this happening as well as how this process could look like. The panel also weighs on potential market reactions and investment ramifications, including stocks, the U.S. dollar, gold, and Bitcoin.
#elections2024 #Biden #Trump #Democrats #Republicans #election
This video is brought to you by Swan Bitcoin
Swan Bitcoin IRA - Start Saving Now 👉 Swan.com/retire
Follow Michelle Makori on X: @MichelleMakori ( / michellemakori )
Follow Kitco News on X: @KitcoNewsNOW ( / kitconewsnow )
Follow Wendy Patrick on X: @WendyPatrickPhD (x.com/wendypatrickphd)
Follow Michael Lee on X: @MikeLeeStrategy (x.com/mikeleestrategy)
Follow Todd 'Bubba' Horwitz on X: @Bubba_Trading ( / bubba_trading )
00:00 Introduction: Presidential Debate
02:40 What’s Next for Biden?
04:15 Reactions to Presidential Debate
08:07 Potential Replacement Candidates
11:01 The Process of Replacing Biden
26:50 Economic Debate Highlights
32:39 Trump and Biden's Decision-Making
37:19 Economic Concerns
41:55 Speculations on Biden's Replacement
47:39 Market Reactions and Predictions
01:00:08 Investment Strategies
__________________________________________________________________
Kitco News is the gold standard in precious metals, commodities, cryptocurrencies, mining, and financial news.
SUBSCRIBE to our channel to stay up to date on the latest market and industry news.
For breaking news, views, charts, and data on precious metals, cryptocurrencies, and financial markets - visit us at www.kitco.com
To get market updates on the go, download the Kitco Gold Live! APP - applications.kitco.com
Stay connected:
Twitter - / kitconewsnow
Instagram - / kitconews
Facebook - / kitconews
LinkedIn - / kitconews
StockTwits - stocktwits.com/kitconews
Live gold price and chart: www.kitco.com/gold-price-toda...
Live silver price and chart: www.kitco.com/Silver-price-to...
Live crypto market data: www.kitco.com/price/crypto/
Learn more about Kitco News: www.kitco.com/news/about/
For more information on advertising, sponsorship and marketing promotions - please visit our online media kit at: www.kitco.com/advertising
Disclaimer: The videos are not intended to provide trading advice, and the views expressed do not necessarily reflect those of Kitco Metals Inc. Kitco News, its anchors, producers, and reporters are not responsible in any way for the performance or actions of any sponsor, advertiser or affiliate of Kitco News. In no event will Kitco and its employees be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content in this video.
Where did the Democrats live the last couple of years? Under a rock? 😂
Yes... Under a censored, safe-spaced narrative.
The denial is strong. Denial is the main staple of the DEI gender cult.
In the basement for sure.
Ironic that the Party of Wokes…we’re fully asleep at the switch.
Now they will need to endure 4 years of insomnia-inducing TDS.
It’s not just elderly abuse it is abuse against We The People.
Amen! By design.
He should have been removed 3 years ago for incompetence.
4 years ago but who's actually counting as this point?! Time to give him the hook.
@@jackmann8064 3 years ago would be 6 months into his presidency. I say that is a good enough sample to see that he is incompetent. Of course, he should have never been able to steal the win in the first place.
@@jackmann8064 over 3 and 1/2 years, but who's counting... lol... 😂
He wouldn’t even get a job at Walmart to bag groceries but for leading the USA it’s just good enough. Insanity!
"Feel sorry for him"? Feel sorry for the millions of Ukrainians & Gazans put to 'permanent sleep" thru his policies.
And soon to be, young Americans.
Your female guest is completely out of touch…she acts like this is the first time that Brandon has looked weak and fragile…his whole Presidency has been nothing but stumbling, bumbling and mumbling.
It's all manipulated to speak Gavin Newsom's name, by design. He's killed California, so he shouldn't be considered for dog catcher, but they like handsome and young. Real wisdom and leadership is not their strong suit and will be the death of America. Sad to say.
Spot on.
whos Brandon?
shes a lawyer nuff said
Joe’s performance will guarantee Trump’s election. Thank you Joe!
U u u u u u
"This is the best version of Joe Biden ever!" - MSNBC's Joe Scarborough. LOL.
It’s not only his decision if the 25th amendment is enacted
81 million votes.... 😂😂😂😂😂
and still better than trump .... but a cheese sandwich would be better than trump
They should do the cognitive test to the voters the ones who voted for J.Biden as well.
@@MrBucksutubeNPC take right there.
Biden is a centrist? Gavin Newsom is centrist? 🤣🤣🤣 WTF is that guy smoking??
They want Newsom, by design.
@@scottdorsey8220 Indeed. He has honed his socialist skills well in California. He will be America's Trudeau...
Biden is a centrist....dudes just a neocon with a gay pride flag lol
@@CoryAlphinsocialist? Like given power to the workers??
Centrist? I was thinking the same thing. I guess being an extremely hard-core radical left-wing politician is now considered centrist per the left.
I'm shocked. Just last week Joe was at his best. So sudden. Who could've seen this coming?
yes they can remove him, for incompetence
Thank you! You are the only one that seems to have made the connection that it is not age that triggers the 25th amendment. My geneology is full of people living into their 90 to 100 age years. All of them were super smart and had all their mental faculties. However, I have friends whose parents and ancestors have suffered from dementia early on. Certainly we can all acknowledge age brings its challenges, but that should be on a case by case business. In this situation it is more of a mental faculty issue than it is with age.
@@duanetucker Better question is, will we actually have an election (process)?
Newsom, is not Centrists.
That's who they want, by design.
Would you want Joe Biden to be your UBER driver in a big city??
Having a bit of a cold is one thing, the accumulation of mold is entirely more concerning.
David Axelrod: “he got stronger as the night went on.” 😂
He wished that was true! 😂
Confusion by design.
Vote for Biden because you feel sorry for him will be his campaign slogan.
My heart breaks. Watching this panel feels like Watching little ignorant children play in a sandbox. Really sad that this is how adults think.
and your opinion differs how?
Let's be clear here this isn't Biden's policies this is Obama's policies
Or WEF. They're running the show.
@@scottdorsey8220 true
FJB !!!!
Folks this was the plan for at least a year. This isn’t new. Of course he’s being replaced.
Newsom, Americas Trudeau. Been to San Francisco or San Bernadino lately?
wtf am I watching, another version of CNN
Who in their right mind would vote for Biden?
The people who received the letter saying their student loan had been paid off.
Don't listen to these idiots , this was all planned.
I wasnt gonna vote for him but then I saw the debate....his energy killed it! He rocked Trump. Changed my mind completely!!
The Democrats are operating a "Weekend at Bernie's" out of the White House. Seriously.
States have laws in place to be able to have time to print ballots etc! Pretty soon Democrats will not be able to in most states!
Roth sure drank the Kool aid didn't he...
We are not flourishing!
Confusion by design. It's the American Way.
No one wants to take on Trump knowing that they will lose except maybe Kamila Harris, she thinks that everything is a joke anyway.
Why would they feel pressure ???? They LOVE him he’s the perfect puppet!
They knew he had dementia before he even took the job lol
Baghdad Richard...jeez the tds and Biden bullshit is intolerable.
I dont even need to watch this and answer yes, they will slip in Newsome at the last minute
By design.
In 4 more years or even 2 years he won’t even be able to read the teleprompter
How could anyone "feel" for a man who has been destroying the country and getting wealthy off of that destruction for over 40 years? I don't feel for him. I hope for nothing but the worse for him and his corrupt family. Of course they have three houses and millions of dollars, so not likely.
This is orchestrated. Intentional
Few outside California or NY want Gavin or Kamala…..I don’t see either as viable replacements.
Logically, No. But, by design, most likely.
The Roth guy is completely out of touch with normal folks, who are struggling, across the board.
The government's been playing weekend at Bernie's for a long time
Two words. 25th Amendment.
No way to force him out?! Oh yes there is! 25th Amendment
D'rat strategist showing his face on the panel? I'll pass on this one.
Great interview ! Thx
They iced out RFK Jr. He had a shot, being a Kennedy. (no pun intended)
That is a mind blowing idea
These comments are giving me a splitting headache
His handlers got the drug cocktail wrong and it was past old Joes bedtime. This should not be a surprise to anyone paying the slightest bit of attention, it’s been obvious for 4 years.
Thanks for the constant consistent coverage!
The guy said Gavin is a "centrist" ?!?! LMAO!!
Doesn't matter. All politicians are owned and on the same side.
We need less legislation! Less government!
Trump has experience as president. Galvin Newsom will turn the USA great like he has done for California...lmao 😅
Wow! Fabulous show, a wealth of information!
Oh boy, those Dems are pretty slow on the uptake, but quick on the panic!
Better late than never!!
As previously said "Nothing in politics is coincidence ."
Where’s Bidens family? Even a boxer’s trainer knows when to throw in the towel.
This election is not about Trump vs. Biden. This election is about MAGA policies vs Uniparty policies.
Not much mention of all the billions wasted in Ukraine.
My factory went from 2 shifts doing 40hrs with 16hrs of o.t. open at double every week for the last 4yrs, to over half the place being laid off and 1 shift as off a month ago. Recession is here for me.
Well they don't call him Richard for nothing 😅, he's clueless.
We always give Joe a pass but DJT is always on the hot seat. Good thing we are fair and balanced.
Great job Bubba, put that sucker in his damn place.
ON WITH THE SHOW, THIS IT.
After that debate, it's clear both candidates need to be replaced. Biden is losing his mind. Trump has lost his mind.
I actually liked this conversation and format. It was more useful than I originally assumed.
Michael Obama will take Biden's place
Richard is a Richard!
What planet has he been on?
orange shirt guy is an american nightmare.
If there is another debate in September it's got to be Trump's Place Trump's rules. We did it his way first now we do it our way
RFK COME ON DOWN!!!!
You're the next contestant on "Who Is Going to Be Blamed For Ruining Every American's Life???!!!!!!"
So Richard Roth actually admits that having an early debate would give everyone a look but denies that it was planned but he suggests that it was thoughtful. I am trying to figure out the difference. Oh, right. The difference is this is how they do things politically. The slight of hand. So, as Vivek said, show us your cards or who you plan to roll out.
Michelle - this particular show well is beneath your normal very high standard. Bubba is awesome and is worthy of a 1 v. 1 interview with you. Michael Lee is grounded in facts and reality. The other two are worthless and should never be invited back to waste your talent.
I don't think they will be able to replace him. They will ride it all the way down the drain.
Kamela Harris, even a bigger joke.
Wages have not kept up at the rate of inflation he needs to look at the charts again And show us where he's getting that information from and then we will go to every economics Channel on RUclips and prove him wrong and he needs to sit there tied down to a chair and watch it
Except for Bubba, meh on these other people. They're too buried in the the current legacy system. Forest and trees.
Who is that dude Richard Roth? He is COMPLETELY out of touch with the real world and the current dire situation of the vast majority of Americans who cannot keep up with inflation and have making the choice between buying groceries which have doubled in price or making their car payment (40 million now behind) or house payment or rent. Home sales are non-existent and new construction has come to a halt. Most Americans can't scrape up $500 for an emergency. Mr. Roth exemplies what's wrong with the elitist class, hanging out in the Hamptons completely oblivious to the world crumbling around them.
Most powerful country in the world with the most demented leader .
I love the way Michelle keeps us abreast of the issues!
Richard is a loon.
DidRichard actually say salaries are out pacing inflation?,, where is his head at?
Can we get someone America first and not Jooow first? Any chance?
Richard can’t relate to the middle and low income every day workers. Sure I make a little higher income but now paying much higher income tax, property tax, home insurance, electricity, natural gas, water, food. The most shocking is if I need anything done to my home it’s 4 times higher for labor. I have to learned to fix things around the house myself, learn to grow my own food, take less showers, save my dishwater to water my plants, cut meals. And most likely will never be able to retire. Deficit beyond my ability to calculate. No this administration is the worse in history. I’ve always been frugal but now I’m thinking I’m better off as a homeless. It’s less stressful.
You get the President that you deserve, Americans deserve Idi Amin.
He's had a good run in politics and should retire now. Insults say more about you than him. Respect is missing everywhere.
Wow, Michael Obama? The first transvestite president? OMG!
I appreciated the realistic talk about what it would take to replace Biden. His consent. We're doomed.
It’s amazing that folks still believe in either of these clowns.
Apologies & platitudes for an incompetent, corrupt lifetime politician?
He will be gone in August. 😉
They need to make sure that the next debate takes place before Biden‘s bedtime!
Certainly hope that Biden, the war criminal, can be swapped out. Give us all a peaceful world, please.
They should just write into his teleprompter that he is resigning
Good seeing San Diego’s Wendy on the show
Is he fit to run!? My god, is he fit to rule, NOW, today?!?!?!
We can always let Hillary decide!
Does anybody remember him saying that he would only be a stepping stone for the Democratic party and only do 4 years and pave the way for the next person. It seems that every single word or policy that comes out of his mouth is a lie and goes against what he says previously and does not help the American people
Actually, Trump's performance was great, stop with lying about it.
And why did everyone wait for the debate to bring this up... its all going according to plan ;)
There was market reaction in bond market and selling continued Monday
If Biden bows out, the only person legally allowed to use his campaign funds is Harris. Anybody else takes his place, they have to start fundraising all over again.
Me thinketh as the New American Presidential Candidate I would like to submit my second cousin's brother's uncle........twice removed!@!?🤪😃😉😅😅😅