Donald Trump has been on a merch spree this year to rival his mid-2000s run of branded energy drinks, cologne, vodka, and steaks. It began in February, when he began selling $400 gold sneakers. In April, he started promoting the “God Bless the USA Bible”; while it is not gold, it does include the U.S. Constitution and is Lee Greenwood–branded. By September, he was all-in on $100,000 watches. “It’s a tourbillon watch with almost 200 grams of gold and more than 100 real diamonds,” he........

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