Citi Warns of the Rise of Trump, Cites Risk to Gold and Status Quo

It’s a good thing H. Clinton will face off against D. Trump tomorrow, to finally show the world how likable, and up to the energetic level, it takes to lead the free world. But in the meantime, Citi is out with a note of caution, wholly freaked the fuck out over the specter of forcing them to rejigger their earnings estimates for all of those multi national conglomerates.

In light of Trump being +4 in the latest LA Times poll, Citi has upped the chances of a Trump win to 40%. No word as to how they’ve deduced such a number. Perhaps it was drawn out from a clown hat and then shot out from a cannon, into a lever which then catapulted a cream pie into the face of the analyst that wrote it.

As such, Citi cites a risk to the gold trade and for a rise in rates, disturbing the status quo and everything that comes with it.

“Polls have started to tighten ahead of the U.S. presidential election, and Citi has raised the probability of a Trump victory,” the bank said in the note. “We expect a Trump win would bring out higher volatility in gold and forex, which in turn should lead to higher volumes in other precious metals.”

“Citi’s base case is for a Clinton victory and mostly continuity in policies, which would leave U.S. and global growth expectations relatively unchanged,” the bank said, while describing the U.S. contest as “increasingly bizarre.”

“But a Trump victory is a wild card and Citi expects this, among lingering uncertainties from Brexit and elsewhere, may cap the prospects for global growth to pick up in the remainder of the year,” it said.

Yes, how bizarre it would be to see an American President look out for Americans first, and not the capricious whims of an otherwise elitist class of global clown car traveling pigs, who place shareholder over country each and every time.