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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 379.87

+0.4%

Nov 11 4:00 PM EST

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ItsAllCyclical

To: carranza2 who wrote (149922)	8/8/2019 4:24:56 PM
From: Rarebird	1 Recommendation Read Replies (3) of 217711

By the time you get evidence in the financial markets, you will have missed out on the big moves, upside and downside. You sound as naive as Trump thinking these tariffs will accomplish their desired purpose. It has been 18 months since the first tariff and the US is farther from from a trade agreement than they were 18 months ago. That's because tariffs alienate Nations and don't bring them together. Here is the reality of the situation: it is economic war between US and China over who will be the dominant economy moving forward. And Trump thinks he can dictate the rules by imposing tariffs. Gold waited for the tariffs to escalate to the point where the Federal Reserve would be forced to lower rates before it would rise. Gold is all about interest rates and the USD. You sound very optimistic about a deal between USA and China. There is not going to be a deal unless Trump drops all tariffs and is proven to be a jackass and fool for initiating them to begin with. I think Trump underestimated his opponent. Only way he will drop the tariffs is if he is desperate and growth continues to slow toward zero. A temporary truce is always possible. The last one lasted all of 6 weeks. Trump expects a strong stock market and easing Fed to support his tariff policy. His attacks on the Federal Reserve to lower rates shows clearly that he has no intention of making a deal with China. He wants US companies out of China producing their goods in the USA. You are extremely naive. Actually, I know the origin of your naivette. You are a conservative, devout Trumpy who can't see the reality of the situation. As for me, I would love to see a deal today. I am no fan of recessions. As a New Yorker, who lived in Trump's home state, I have a good sense of what he is all about.

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