Looks like the Casino is taking a healthy overdue Sh!t.

Welcome to the Precious Metals Bug Forums

Welcome to the PMBug forums - a watering hole for folks interested in gold, silver, precious metals, sound money, investing, market and economic news, central bank monetary policies, politics and more.

Why not register an account and join the discussions? When you register an account and log in, you may enjoy additional benefits including no Google ads, market data/charts, access to trade/barter with the community and much more. Registering an account is free - you have nothing to lose!

Begun the tariff wars have.

Canada elected Trudeau 2.0. That will likely prolong animus from Trump.

China is punching back (retaliating with tariffs of their own).

It seems like things are escalating.
 

Dow tumbles nearly 900 points, Nasdaq suffers worst day since 2022 as recession fears erupt: Live updates​

A three-week market sell-off intensified on Monday, with investors worried that tariff policy uncertainty would tip the economy into a recession, something President Donald Trump did not rule out over the weekend in an interview.

The Dow Jones Industrial Average dropped 890 points, or 2.1%. The S&P 500 shed 2.7%. The tech-heavy Nasdaq Composite saw the biggest selling of the major averages, falling 4%.

More:

 
pmbug said:
Begun the tariff wars have.

Canada elected Trudeau 2.0. That will likely prolong animus from Trump.

China is punching back (retaliating with tariffs of their own).

It seems like things are escalating.
Click to expand...

Who in this Canada you speak of elected Trudeau British edition?
 
Long over due, but still in the upper channel... if it blows through 37,000 then Katie bar the door!

 
Makes one glad we like to hold some hard stuff in our hands. There is something satisfying about holding a $20 gold.piece from the 19th century.
 
Warren Buffet was right. This is a good time to add to any long term portfolio.
 
WH announced that the crap with China will soon be over then the DJI shot up pretty quick. Think they claimed it was a negotiation tactic. Guess the bunk Trump said about world leaders lining up to kiss his ass and beg him for relief was just more bullshit

Bessent says he expects ‘de-escalation’ in U.S.-China tariff fight in the ‘very near future’​

  • Treasury Secretary Scott Bessent said he expects “there will be a de-escalation” in President Donald Trump’s trade war with China in the “very near future.”
  • Bessent called the sky-high tariff fight between Washington and Beijing unsustainable.
  • Bessent spoke at a private investor summit in Washington hosted by JPMorgan Chase on the sidelines of the World Bank meetings this week.
More:

 
Up over 1K now, probably due to Trump saying the tariffs on China are going to come down and he isn't going to try to fire Powell.
 
Since he legally can't fire Powell, that's a relief. China bitch slapped him...
 
Related short quick read.

The Stock Market’s Casino Problem - Safal Niveshak

A couple of quick announcements before I begin today’s post. 1. My new book, Boundless, is now available for ordering: After a wonderful response during the pre-order phase, I finally have the book in my hands and am shipping it out quickly. If you’d like to get your copy, click here to order...
www.safalniveshak.com
 
You must log in or register to reply here.
Menu
Log in
Register
Cookies are required to use this site. You must accept them to continue using the site. Learn more…