TPTB: "We're gonna stop pissing our dollars away"
Everyone: "OmG, TrUmP IS dEsTrOyInG ThE DoLlaR !!!"
🙄
Gold is in the rearview. If anything, it the rest of the world bidding it up (China), because their shit it going to tank.
Nobody shills bonds.. There's no incentive to shill bonds... Nobody will ever say "buy bonds".. bonds don't generate a commission for anyone.
Very very gay 🧐
Hay, all the commodities are down, other PMs are flat, miners are behind after a decade of flatness, gold is up...
Either gold is right and everything is wrong, or everything else is right and gold will spike down hard.
And it will be the later, and you will be made gay from it. And you'll say to yourself as we enter some horrible lost decade+, "shit, I wish I had sold that gold and locked in some bonds, because nothing is going up anymore" as you continue to baghold and rates go to zero, and the IRS collects your wealth to pay me.
So enjoy that, chump.
I bought a lot of gold five years ago, but that shit has sailed. There's not much upside. I probably hedged a little early selling paper gold against my physical, but it'll drop hard at some point. It always does.
but now the time get it into bonds. The "OmG BonDs!!" = Psyop.
Not just the CAPEX, but the land, taxes, ongoing energy costs, operanal maintenance...
It is epically retarded. They "Blitzscalled" like they were pumping software (basically no costs), but it doesn't work that way when your you doing real, physical shit. (Also why companies increasingly don't want to be in the producing physical shit business)
Watch them try to unload it on the taxpayer. 👀👌
I heard the Japan rumor too.
Might be probable. Japan (softbank) was supposed to be a big player in pumping up meme stocks in 2021, particularly Tesla, when it went parabolic.
I was a little taken away when I saw that fucker Massyoshi Son on the Whitehouse Lawn with Altman and Larry Ellison, the day after the inguration, for the big AI Stargate announcement.
Much of this is true.
I'm for the Tariffs. We need to decouple.. and they have to be harsh, otherwise the globalist will bitch, drag their feet, lobby, and pass laws so it can't be undone... and nothing will ever change.
He really bitched out the other day.
Supposedly, all of China's neighbors are on their way to the US to negotiate, and there's a strategy to box them in.
But yeah, Mar-a-lago accord draft (which is kinda bullshitty) basically says 0%yld 100y bonds... Which is something you'd only hold if you think the dollar is gonna rise.
I think it's like half true. There's obviously missing details, because the "security guarantee" thing is bs.
I've read as much, supposedly it didn't come from the channels that foreign gubmint would use to unload USTs.
They trade those during US hours.
If Basis Trade, it's like, was it intentional OR was it caused by a liquidation(?) -> Maybe some fund blew up.
Hard to tell because every Globalist Institution and Doomer is chiming in to declare the end of the US, when I think we're finally making the right moves.. and agian, this is beneficial if you're a US debt holder.
In any case, honestly, and unpopular opinion, US debt, at those yeilds is a pretty sweet deal. Because they are working like hell to get yields down.
Yes. Tariffs are a tax on consumption. That criticism is true.
They have to eliminate the income tax.
I expect that to happen (states are front running), but not for another year or two.
And my theory, like you said "housing"... They need people (Boomers) to sell their shit, so they can tax back all the fake gains, before they eliminate the income tax. I expect we'll see those "don't risk your retirement!" messages soon.
"oh please China make my shoelaces.. were SOOOOO fuck"..
the jew hater who's gonna get jewed by economic propaganda.
Like the irony.
Remember what the Rubble did when Russia decoupled? Tanked, then went on an solid strengthiening run???