Gold Headed to $2,500-$3,000/oz.

Written by Swiss America

graph 163509 640Gold is going to $2,500, $3,000 an ounce: investment expert -Yahoo Finance
"Wealthy people are stocking up on physical gold, as in bullion, coins and bars, according to a recent note from Goldman Sachs. As a result investors who are bullish on gold say it’s the precious metal’s moment to shine. 'I think gold's going to $2,500, $3,000 an ounce in the 2020s because the climate - the landscape for gold is so hugely supportive,' Paul Schatz, Heritage Capital president, told Yahoo Finance's On The Move....

China Deal: U.S. Rolls Back Tariffs

Written by Swiss America

MAGA VS CHinaChina Says Deal Agreed, U.S. to Roll Back Tariffs in Stages -Bloomberg
"China and the U.S. agreed on the text of a phase one trade deal that includes the removal of tariffs on Chinese goods in stages, Vice Commerce Minister Wang Shouwen said, as President Donald Trump confirmed that some levies will be reduced and said the next round of talks will start immediately. China will increase imports from the U.S. and other countries,

Nebulous China Deal Worries Traders

Written by Swiss America

320px China Gold Tael von Finemetal AG ZürichStocks, Yuan, Bond Yields Are All Tumbling As Lack Of China Deal Details Worries Traders -Zero Hedge
"A total lack of detail (and growing confusion) at the contents of the phase one US-China trade deal has traders spooked. The Dow is at the lows of the day...Yuan has erased all of yesterday's gains...And Treasuries have erased all of yesterday's losses...Additionally, all ags are dumping as China refused to provide any detail on the size of purchases...

Who Can Beat President Trump?

Written by Swiss America

333px Donald Trump March 2015Who Can Beat Trump? -Noonan/Wall Street Journal
"Impeachment is a reality show going on in Washington, and everyone knows the outcome, so it's not even interesting. On my way to Waterloo I realized: We're about to have the third impeachment of a president in American history, and the day it happens it's not going to be Topic A in America. It will barely be mentioned at the dinner table. It is a coastal elite story, not a mainland story.

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