Politics

[Tanks]

Gold, on the other hand, likely will be looking pretty good. 3185 and rising.

About 5 years ago I was sitting with my sister and my mom. We had a conversation about investments after a real estate sale for a decent windfall. We had a meeting at our banker's office the next day. I suggested gold and talked them into it even though the banker was not fully aboard. It was a tad over $1500 at the time. I am seeing my sister today, I think dinner is on her.

 

[cwpayton]

I would like to interject a little Africa into this political conversation.
Trump is applying maximum pressure on SOUTH AFRICA, with a 30% tariff, and apparently canceling what ever military support agreement we had with them, ( Im not aware of any), effective Apr. 9th. meanwhile SA Gov.is putting forth a bill to ban any and all weapons for private security groups, you know what that means, on top of the reparations land bill that is to be voted on in Oct.
meanwhile it is reported that SA, wants to talk with the US. a more conciliatory tone has overtaken them.
Hey Im just the messenger, do your research. Im still waiting on my trophy shipment.

 

[cwpayton]

About 5 years ago I was sitting with my sister and my mom. We had a conversation about investments after a real estate sale for a decent windfall. We had a meeting at our banker's office the next day. I suggested gold and talked them into it even though the banker was not fully aboard. It was a tad over $1500 at the time. I am seeing my sister today, I think dinner is on her.

a little quick math says you can go on a really big hunt, really big, congrats.

 

[PrechtlM98]

The Trump of the day confuses me again and again.
Did you Americans really think all the time that the world cheats you
and you felt hard done by the rest of the world before Trump told you that?
That is pretty hard to believe for me, the most wealthy country on planet earth
and you suffered so much for decades?

Me as a German never had any clue that live is so hard for you over there.

I really hate the actual worldpolitic situation, planed much travel in the USA but that will not happen
as long as politics is as it is now, travelling to Russia is canceled as well at least till Putin is dead. Since 09.11 all muslim country are a no go area for me, as well as any purchase from muslims.

By the way, as you started the war agains terrorism, I 'think you got a lot of help from Eurpean countrys. And it was not easy to tell our people why our soldiers were sent to Afgahnistan. But we have been there as well as France, England, Belgium, Denmark, Poland etc...

MAGA

Make assets go away...

Just hope all consultants are wrong and your one and only is right,

 

[Altitude sickness]

I posted last summer gold was going to $3300-$3500. The market has been on artificial stimulants for too long.

The markets in a tizzy, it doesn’t like the uncertainty. But. Interest rates are going down, energy costs are coming down.

Scott Bessent says they are now moving from tariffs to the income tax subject. If they are successful in keeping the tax cuts in place. Add no tax on tips, overtime or Social security. The market will respond and more importantly the consumer confidence will.

One thing for sure if other nations see the U.S. citizens revolting and not supporting the tariffs. They will be emboldened and form an alliance.

But the fact remains. The US tariffs are on average half of the tariffs on our goods. And these tariffs can end tomorrow IF they would lower or stop theirs.

Ontario has already said he will remove tariffs immediately if Trump will. Walmart CEO told China they need to play ball with Trump. Because Walmart will not absorb Chinas US tariff. He said China will absorb the tariff. It will not be passed to Walmart customers.

If other CEOs had the same cojones they would tell China the same.

Remember in most cases this is the largest market those other nation have.

 

[Tubby’s Canteen]

I posted last summer gold was going to $3300-$3500. The market has been on artificial stimulants for too long.

The markets in a tizzy, it doesn’t like the uncertainty. But. Interest rates are going down, energy costs are coming down.

Scott Bessent says they are now moving from tariffs to the income tax subject. If they are successful in keeping the tax cuts in place. Add no tax on tips, overtime or Social security. The market will respond and more importantly the consumer confidence will.

One thing for sure if other nations see the U.S. citizens revolting and not supporting the tariffs. They will be emboldened and form an alliance.

But the fact remains. The US tariffs are on average half of the tariffs on our goods. And these tariffs can end tomorrow IF they would lower or stop theirs.

Ontario has already said he will remove tariffs immediately if Trump will. Walmart CEO told China they need to play ball with Trump. Because Walmart will not absorb Chinas US tariff. He said China will absorb the tariff. It will not be passed to Walmart customers.

If other CEOs had the same cojones they would tell China the same.

Remember in most cases this is the largest market those other nation have.

Wonder what the going price is for a ford politician? Pretty clear he got bought off with the way he’s flipped on the issues. There’s certainly a history of corruption in the family. The greenbelt scandals come to mind and rob was surely a pillar of virtue.

 

[Altitude sickness]

^^^^^more likely he realized eventually the big three are going be overtaken by cheap Korean, VietNam and Chinese cars. The government cannot prop up the big three forever, but something has to give. US employee wages either need to go down, but most likely Third World wages will go up. this is the benefit of capitalism. It slowly forces wages up. The more successful a company becomes, it needs qualified labor. That labor then gains leverage.

Then that company looks for the next 3rd world country to move to. Exploiting new cheap labor.

They are slowly running out of countries to move to S.Korea, South Vietnam, India. They’re all slowly demanding more wages.

So the foreign Third World employee has the most gain because these companies will have to pay them more and then raise their prices, etc.

And on and on.

But none of that helps curb the increasing US wages and cost to produce here. The only lever left in the Big 3 toolbox is increase quality.

 

[Dudders]

So taxidermy from south africa just got 30% added to the cost and Namibia has 21% added when you import ?

 

[Tubby’s Canteen]

^^^^^more likely he realized eventually the big three are going be overtaken by cheap Korean, VietNam and Chinese cars. The government cannot prop up the big three forever, but something has to give. US employee wages either need to go down, but most likely Third World wages will go up. this is the benefit of capitalism. It slowly forces wages up. The more successful a company becomes, it needs qualified labor. That labor then gains leverage.

Then that company looks for the next 3rd world country to move to. Exploiting new cheap labor.

They are slowly running out of countries to move to S.Korea, South Vietnam, India. They’re all slowly demanding more wages.

So the foreign Third World employee has the most gain because these companies will have to pay them more and then raise their prices, etc.

And on and on.

But none of that helps curb the increasing US wages and cost to produce here. The only lever left in the Big 3 toolbox is increase quality.

I don’t see it not saying your not right in the auto sector. Ford comes out with a hard stance on tariffs ( he’s got no business take he’s got no federal mandate ) calls a snap election and wins on a hard stance platform. An election he otherwise looses in the face of a home grown scandal that’s well documented and currently being investigated by the o.p.p. An r.c.m.p. Threatens what amounts to economic terrorism to gain a meeting with Lutnick and then comes home 24 hours later to do a complete 180. I bet the envelope was impressive.

 

[Altitude sickness]

I actually think Doug Ford is smart to get it over with quickly. The Ontario economy will boom. US citizens will return to spending money on Ontario.

When I was young, Michigan residents visited Sarnia for dinner, movies, concerts, hockey games, motorcycle racing. Now the costs are too high. Ontario residents come to the US for cheap goods. Let’s level costs so we can spend evenly.

I bought my first Rush album in Ontario. Perhaps those good days could return

 

[Tubby’s Canteen]

I actually think Doug Ford is smart to get it over with quickly. The Ontario economy will boom. US citizens will return to spending money on Ontario.

When I was young, Michigan residents visited Sarnia for dinner, movies, concerts, hockey games, motorcycle racing. No the costs are too high. Ontario residents come to the US for cheap goods. Let’s level costs so we can spend evenly.

I bought my first Rush album in Ontario. Perhaps those good days could return

At the cost of entire industries that will be swallowed by state sponsored u.s. businesses. Auto workers may cheer him wonder what kind of reception he’ll get at the local feed n seeds.

 

[luger6]

It was kind of the orange man to exclude Russia from his list. Luckily he included Brunei and Mauritius, as I understand it, they have been taking advantage of the US for a long time and that correction in terms of tariffs will give a big boost to the American economy.

Trump Wants More Trade With Russia But Less With Everyone Else

Donald Trump has stated a desire to increase trade with Russia while imposing tariffs to reduce trade with other nations.

www.forbes.com

 

[Altitude sickness]

Forbes should know that Russia is not a trading partner as far as I’m aware there are no tariffs on US products going into Russia

the opposite, we have much stronger sanctions on Russia than tariffs

 

[Mwag]

So taxidermy from south africa just got 30% added to the cost and Namibia has 21% added when you import ?

That's a very good question, my guess is if it does...... this will really put a hurt on the safari business as a whole. The increased costs in shipping has already slowed things down for many.

 

[Brent in Az]

Cooper Frederick, the leftist beta-boy that fire bombed the Tesla dealership in Loveland Colorado. He was apprehended by the FBI in Plano Texas.
Bondi is seeking 20 years in prison.

 

[Brent in Az]

The Trump of the day confuses me again and again.
Did you Americans really think all the time that the world cheats you
and you felt hard done by the rest of the world before Trump told you that?
That is pretty hard to believe for me, the most wealthy country on planet earth
and you suffered so much for decades?

Me as a German never had any clue that live is so hard for you over there.

I really hate the actual worldpolitic situation, planed much travel in the USA but that will not happen
as long as politics is as it is now, travelling to Russia is canceled as well at least till Putin is dead. Since 09.11 all muslim country are a no go area for me, as well as any purchase from muslims.

By the way, as you started the war agains terrorism, I 'think you got a lot of help from Eurpean countrys. And it was not easy to tell our people why our soldiers were sent to Afgahnistan. But we have been there as well as France, England, Belgium, Denmark, Poland etc...

MAGA

Make assets go away...

Just hope all consultants are wrong and your one and only is right,

Looks like we have a new troll to play with.

How are things over there in Germanistan?

 

[PrechtlM98]

Thanks, not that bad at all.

 

[Red Leg]

Looks like we have a new troll to play with.

How are things over there in Germanistan?

Germanistan? Who is the troll?

I think we are remarkably fortunate to have an international set of opinions on the topics that are discussed on this thread. For some, firmly walled into their confirmation bias information bubble, this is likely the only alternative world view they ever see.

 

[HookMeUpII]

As a moderate conservative, I honestly don't know really how I feel about the tariff situation. First and foremost, as a wealth manager, this is difficult to manage but we saw it coming. We knew this was the playbook 2.0. With that being said, we're coming off an artificially stimulated economy via bloated government hiring padded by a natural economic recovery post-pandemic (you can flip that to vice versa, as well).

I can't honestly say I'm onboard with this. Hopefully in 6 months I say "He was right." From where I'm sitting right now, this is not a good move, not at a good time.

I think the market is going to take a leg down for at least a quarter more. Sucks but that's life.

I think real estate is in for a big correction. My prediction is rates will go down AND inventory will remain the same (slim). The market is 2007-esque without the underlying policy flaws. You'll see a 10-15% retreat in values within the next 6 months.

Fed better get out their pen and write in another one, if not two more rate decreases on top of the two they have projected. We are at a real risk for stagflation at this point.

The dark horse, oil, is the only one I can't predict. The Saudi's did say they were cutting production and we're likely seeing further sanctions on Russia with worsening political conditions in the Middle East. But, we've been playing this game for the last 5 years. Summer, travel season, in the northern hemisphere is coming.

If we see oil pop to $90-$100 a barrel? Fed will be sharpening their pencils.

 

[Brent in Az]

Germanistan? Who is the troll?

I think we are remarkably fortunate to have an international set of opinions on the topics that are discussed on this thread. For some, firmly walled into their confirmation bias information bubble, this is likely the only alternative world view they ever see.

Y....A ....W.....N........

Just another person that popped in to bitch & complain about Trump and the USA.

I'm sure you'll like him.