Stocks of gunmakers have soared at the prospect of a Joe Biden presidency, with sales of physical firearms also likely to follow suit in response to the risk of the Second Amendment coming under attack.

After initially tumbling on Wednesday at the likelihood of Trump gaining re-election, gun stocks have staged a dramatic rise over the last 48 hours.

“This should not be a total surprise since we have warned for months that Americans across even the most liberal states were panic-hoarding guns and ammo,” reports Zero Hedge. “Weapon background checks surged to record highs, rose 79% year-over-year over the summer amid pandemic fears and violent social unrest gripping major metros.”

As we reported before the election, gun stores were being “cleaned out” across the country, notably by first time buyers worried at the prospect of a break down in law and order.

Gun makers like Sturm, Ruger & Co. and Clarus Corporation’s Sierra also reported rising gun sales for personal protection as America experienced months of unrest and riots following the death of George Floyd.

Fears of mass unemployment under a Biden presidency are also partly driving the interest in firearms for self-defense.

Biden campaigned on a gun control policy of banning assault weapons, enforcing more stringent background checks, and ending the sale of firearms and ammunitions online.

However, with Republicans maintaining control of the Senate, he will face an uphill struggle to dilute Second Amendment rights.

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With the media about to declare Joe Biden victorious as Donald Trump vows to fight on in court, the Biden campaign has publicly threatened to ‘escort trespassers from the White House.’

Last night, President Trump gave a speech asserting that he wouldn’t allow an election to be “stolen like this.”

“We think there’s going to be a lot of litigation because we have so much evidence, so much proof, it’s going to end up perhaps at the highest court in the land, you’ll see,” said Trump.

The Trump campaign also released a statement insisting, “This election is not over.”

However, Team Biden responded with an open threat to physically remove Trump from the White House if necessary.

A spokesperson for Biden responded: “The United States government is capable of escorting trespassers from the White House.”

As we previously reported, the Chairman of the Joint Chiefs of Staff Mark Milley met with TV network anchors last weekend to inform them that the U.S. Military would not intervene in the election.

Milley sought to “dispel any notion of a role for the military in adjudicating a disputed election or making any decision around removing a president from the White House.”

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The Chinese yuan has rallied to a 28-month high on the prospect of a Joe Biden win, exacerbating the concerns of Trump supporters that a Biden administration will be compromised by the Communist state.

The yuan saw wild swings on election night, with the dollar initially falling on expectations of a Biden win but then surging back as it looked like Trump would win re-election.

However, by the end of the night, after thousands of mail-in ballots in several swing states suddenly dropped for Biden, the yuan had begun to recover ground.

In the 48 hours that followed, with a Biden win looking increasingly likely, the Chinese currency rallied to a 28 month high and analysts now see it rising even further.

DBS strategist Chang Wei Liang sees a Biden presidency as securing “less antagonistic U.S.-China trade relations and a rally in Chinese assets.”

BREAKING – #China's yuan has skyrocketed in the last 12 hours as a Biden victory is priced in. pic.twitter.com/GAWOcbxOyA

— Disclose.tv 🚨 (@disclosetv) November 6, 2020

However, Trump supporters see a greater existential threat to America’s number one superpower status, asserting that Biden is in bed so deep with Beijing that he could put U.S. interests at risk.

Late last month, Hunter Biden’s former business partner Tony Bobulinski claimed that Biden’s son had received $5 million from Chinese partners for a Chinese-backed infrastructure project and that the former Vice President was in on the deal.

This led Republican Congressman Dan Crenshaw to warn that, “There’s a possibility that Joe Biden is actually compromised by the Chinese Communist Party.”

“The American people deserve to know this,” he added. “We’re about to have an election and potentially elect a president that’s compromised by the Chinese Communist Party because this energy company has direct ties to the Communist Party.”

Whatever the truth of Biden’s involvement with his son’s dodgy dealings, it seems clear that one person who will be celebrating a Biden presidency will be Chinese dictator Xi Jinping.

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