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Isn't this what's needed to curb inflation? This should result in lower prices shouldn't it?
Fed monkeying around with numbers. Dance quants, dance!
... A 35% off revision either indicates massive incompetence or malfeasance in the Fed's forecasting. I don't think either of those options are really bullish for the future.
WTF are they actually doing?
The White House informed the press that Trump will make an "investment announcement" at 1:30 p.m. EST today (in about 3 hours). They did not disclose any other details. Expect some volatility later today!
This has always bothered me. How the markets waits breathlessly for figures to be released and then there's this immediate reaction to the release and huge swings in certain segments one way or the other.WTF are they actually doing?
Not lying about the numbers??WTF are they actually doing?
Maybe this? And if it is this, does the 100 billion investment come with a U.S. guarantee of military help should China try to invade Taiwan?
Trump to announce Taiwanese firm's $100 billion investment in U.S. chip plants
Washington — President Trump on Monday will announce that a leading Taiwanese semiconductor chip company plans to invest $100 billion in new manufacturing plants in the U.S., two sources tell CBS News.
Taiwan Semiconductor Manufacturing Company, or TSMC, is one of the world's three largest manufacturers of semiconductor chips, and plans to make the major investment over the next four years, the sources said.
Mr. Trump expected to make the announcement at a 1:30 p.m. event in the Roosevelt Room of the White House. The Wall Street Journal was first to report the investment pledge.
TSMC is a major player in the semiconductor space. The company was promised $6.6 billion in funding under the Biden-era CHIPS and SCIENCE Act of 2022, and announced plans for its first U.S. plant in Arizona.
More:
https://www.msn.com/en-us/money/com...S&cvid=45a89099c9e545a790b80d9a6cf75356&ei=28
This has always bothered me. How the markets waits breathlessly for figures to be released and then there's this immediate reaction to the release and huge swings in certain segments one way or the other.
Then a month later, or a quarter later, those "figures" that swung the market so wildly would be revised one way or the other.
Seems to me personally, that if I reacted to these figures and got burned because they weren't accurate then I sure as hell wouldn't be waiting breathlessly for the next release (GDP, jobs report, etc) to show me what my next move should be.
You know, "fool me once"...
Why markets continue to anticipate and react to these releases baffles me.
UK Gold Deliveries in ‘ Technical Default’?
Could a major market correction be triggered soon? Kitco News Anchor Jeremy Szafron @JeremySzafron interviews Willem Middelkoop @wmiddelkoop, Founder and CIO of the Commodity Discovery Fund @CommodityFund, on the sidelines of PDAC 2025 @the_PDAC. Middelkoop shares his insights on the potential for a monetary reset and the move towards a multipolar world, emphasizing the need for change amidst global chaos.
Discover why he believes the U.S. is destabilizing the world and what this means for gold. Plus, hear his take on Trump's economic strategies and the future of the dollar.
Key points:
- Geopolitical risks and the potential for chaos.
- The shift to a multipolar world and de-dollarization.
- Gold's role in the monetary system and central bank demand.
- The U.S. dollar's future and potential economic strategies.
- Mining gold as a lucrative opportunity
...
Interview Timestamps:
00:00 Introduction: Ray Dalio's Warning
00:25 Gold Market Surge and Fort Knox Audit Calls
01:12 Geopolitical Tensions and Economic Concerns
03:09 Market Volatility and Overvaluation
04:42 Global Economic Risks and De-dollarization
06:42 Gold's Role in the Monetary System
12:38 Mining Industry Insights at PDAC
14:27 US Dollar and Global Trade Dynamics
WTF are they actually doing?
Vince Lanci said:... here’s the bottom line. We imported so much gold over the last three months, that it makes our trade deficit look like shit. Because it’s an import. Simultaneously we do not count the gold as an economic good. Meaning we’re buying something we have no use for as far as US data is concerned.
And so it shows GDP as too low while estimating a trade deficit is too high.
Now, knowing that the people that run our government actually believe this is true, ideologically, why would they do such a thing when it makes our trade deficit look that much worse, and our GDP that much lower?
Because they have other plans that we just don’t know about yet
Sitting on the sidelines with cash....how low can it go???
Canadian numismatic dealers and collectors who sell and ship to the United States should be aware that the March 4 implementation of 25 per cent import tariffs has not impacted Section 321, the de minimis program that allows shipments valued under $800 USD to enter the U.S. without duties or tariffs.
Recent updates from shipping providers confirm that shipments under this threshold remain exempt from the new tariffs. Additional confirmation has also been received from postal service representatives, reinforcing that these shipments will not be affected.
...
Well, that didn't take long:So, how bad do the stock markets tank today (or this week)?
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