Hi C2, re trump <=> gold, i think it is more likely the case ...
Any leader of one of the larger continental or economic or atomic domains <=> fiscal policy <=> social policy <=> monetary policy <=> exchange rate <=> confidence <=> gold, on top of and together w/ ...
Any leader of any other of the larger continental or economic or atomic domains <=> fiscal policy <=> social policy <=> monetary policy <=> exchange rate <=> confidence <=> gold, on top of and together w/
All leaders of all the other larger continental or economic or atomic domains <=> fiscal policy <=> social policy <=> monetary policy <=> exchange rate <=> confidence <=> gold.
So, Washington, Berlin, London, Moscow, Tokyo, New Delhi, Beijing, ... all have a say on gold pricing.
Of course we of the thread, you and Rarebird and all, know above.
What we are counting on is that all the detonation wires are active, and the gold bomb shall kaboom, not if but when, not why but why not, as Armstrong reckoned, and as Dalio subscribed to
So, IMO, it might well be the case that trump is just playing one of many consequential active roles, and if not him then another, matters not who, because it is time.
Also, as I expressed many times, whether trump is astute or a cretin, only time can tell, might be by 2026 or perhaps by 2032. Same goes for Putin, Xi, etc etc. What the boyz do today must affect us a while into the future.
Having delved into Russia, albeit superficially, I feel the reverberated echo-currents of 1812, 1914, 1940, and and and
As to the trade war and whether trump into destruction of China, we shall know when we know, and I doubt if the truth matters, because there are other large currents at play, all might matter more.
However, I believe there are many actors taking advantage of the opportunities surfaced by trump and machinating own respective agenda, and so events shall play out however they play out, and we believe one way only, gold shall go higher and make current pricing seem dirt cheap.
There are analog actors of the same sort in China and Russia and and and, and together w/ deep-state USA, they shall destroy confidence.
Gold will be the consolation prize, and we are playing to live. |