Commodity guru Jim Rogers is of the view that Donald Trump will win in the US elections. In an interview with ET Now Rogers said, “the sense is that Donald Trump will win the US elections”. He also said that commodities will continue to go higher. Recently, Marc Faber the author of the The Gloom, Boom & Doom Report, said that Hillary Clinton’s victory may not be positive for the global markets. Calling Hillary Clinton a war monger, Faber said that if she is elected, international tensions will increase. “The belief is that if Trump gets elected then it would be negative for the asset markets, US markets. A Hillary victory would be positive. I am not so sure about this belief because Hillary is basically a neocon and a war monger,” Faber told CNBC TV-18. “She has supported the invasion of a variety of countries already. So her election may lead to more international tensions,” Faber said.
Faber further said that Trump as US President would be more aware of America’s declining super power status. “Trump is more aware of the fact that the US super power stand is gradually waning and that other countries are coming up. He knows that the US cannot fight the whole world and that it cannot be the policeman to the whole world. The US has to gradually start negotiating with other countries on equal terms,” said Faber. While stating that US media and even the US Federal Reserve are supporting Hillary Clinton, Faber said that irrespective of who becomes the US President, central banks will continue to print money. “There is no other way out. The system is basically bankrupt so money printing will continue,” he said.
Meanwhile, market ace Shankar Sharma said that the US Presidential elections won’t have much impact on the Indian markets. He said, “No, I don’t think our markets will be bothered much. Whoever wins or loses, how does it matter to us?”