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Two things that caught my attention this week, 5/5/19:
- Trump says tariffs on $200 billion of Chinese goods will increase to 25%, blames slow progress in trade talks – de-globalization terrible for pretty much anything but USD, USTs, & maybe gold…
- Bloomberg & FT both featuring articles this week on Central Bank gold buying up 68% y/y in 1Q19. Big non-sequitur to prevailing USD shortage to see foreign CB’s selling USDs to buy gold.
In this episode, I mention FFTT Tree Rings, for more information, please visit here: https://fftt-llc.com/index.php/subscribe-to-fftt/treerings