Get ready for some fireworks.
The state of Texas (along with Alabama, Arkansas, Florida, Kentucky, Louisiana, Mississippi, South Carolina, and South Dakota) is suing the states of Georgia, Michigan, Pennsylvania and Wisconsin in the Supreme Court.
Texas is arguing that those four states violated the constitution when they passed new election laws to allow mail-in voting and other changes to their election process.
The Constitution of the United States is explicit that only state legislators NOT state governors, attorney generals, or secretary of states can change how elections are processed.
The media is keeping pretty quiet about this, or attempting to frame it as nothing, but it is a HUGE deal. The Supreme Court has already docketed the case meaning that the SCOTUS will hear it.
If the SCOTUS rules that of Georgia, Michigan, Pennsylvania and Wisconsin did in fact violate the constitution (they did), then either:
1) Those votes that were allowed under the new laws are thrown out.
Or…
2) The elections in those states become null and void.
If the outcome is #1, then President Trump wins all four states in a landslide.
Remember, the mail-in ballots were pro-Biden by a massive margin (90%+). If those votes no longer count, Biden loses tens of thousands of votes in all four key states (his margin of victory is only 1% or lower in all four of them).
If the outcome is #2, then 62 electoral college votes vanish from the vote count.
This means NO ONE hits the required 270 electoral college votes to win the election outright and the election moves into Congress as per the 12th Amendment.
There, the House of Representatives votes for the President on a one vote per state basis. The GOP has 26 states, the Democrats have 24 states.
This again, means Trump wins the election.
You can be furious at this all you want, but it’s the law. The fact the media doesn’t bother explaining this only reveals that they’re ignorant of how elections work in the U.S. or are so biased they can’t be bothered to consider an outcome in which Biden doesn’t win.
So, like I said… get ready for some fireworks. The odds of President Trump actually winning the election are the highest they’ve been since the election itself.
With that in mind, I stand by my original forecast that President Trump will end up winning this election. And our clients are already doing this with our new special report titled…
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In it, we detail five unique investments that we expect will produce the most extraordinary gains during President Trump’s second term.
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Best Regards
Graham Summers
Chief Market Strategist
Phoenix Capital Research