Many countries are just pacifying Trump, be yes-men in his presence, but are planning their own thing. In 1930 US exports to Europe amounted to 2341 million, by 1932 following reciprocation against US tariffs that had declined to 784 million. Henry Ford called the protectionism/tariffs 'stupidity'. ...

Consider Bitcoin as a 5x tech stock type holding, so 5% bitcoin instead of 25% stock, 25% gold (PAXG perhaps, or XAUt), and the rest in dollars (50% USDt) and you can backtest that in PortfolioVisualizer - such as comparing to the PP https://www.portfoliovisualizer.com/backtest-portfolio?s=y&sl=...

PM since the early 1930's (Britain broke away from the gold-peg in 1931, the US followed that in 1933) and 50/50 dollar bills (hard currency) and PM (silver 1930's to mid 1970's, gold thereafter) broadly negated US CPI, and if converted to Pounds also broadly negated British Retail Price Index infla...

Note that for PM I tend to assume that pre 1914 when gold was money (Sovereign Pound coins) that those with surplus money might have deposited that gold for safe keeping - and some interest. From 1915 (WW1) to 1974 I assume they might have held silver instead of gold i.e. part in reflection that the...

For US year end values multiple the British Pound price by the $£ value Year Gold Price £ Silver £ Copper £ $£ 1931 4.25 0.064 0.014 4.54 1932 6.75 0.080 0.016 3.51 1933 7.14 0.083 0.017 4.24 1934 7.87 0.095 0.015 5.04 1935 8.13 0.131 0.017 4.90 1936 8.02 0.091 0.021 4.97 1937 8.05 0.091 0.021 4.94 ...

It could keep being the most popular or something else could come along and start taking its place. That’s what I always say. I don’t mind missing out. For someone that once/year rebalanced to 10/90 bitcoin/physical gold (a somewhat 50/50 stock/gold alternative https://www.portfoliovisualizer.com/b...

https://old.reddit.com/r/IndianStreetBets/comments/y4gph6/chinese_stock_market_have_given_no_return_in_the/ Is that not the same model that America is now moving to, variable tariffs (tax on imports), 3.5%/variable tax to take dollars out of the country, variable withholding taxes ... as per one bi...

I think focusing myopically on the China-U.S. duel misses the larger point that everything the current administration is doing makes other countries stronger and incentivizes them to reduce their dependence on both the dollar and business with us. Previously SWIFT had the capacity to sanction (bloc...

When a state has a higher credit rating than the Fed, and a alt currency that is rated higher than the Dollar (reciprocated barriers due to Trumps irregularities)

will Houston become the US capital city?

• The total gold market cap is around $13 trillion. • If Bitcoin captures just 10% of that market, that implies a BTC price of $600,000 to $1M. I suspect that some who swapped out gold for bitcoin may have revised that 'bitcoin is like gold' comparison, as it acts more like a leveraged tech stock h...

A great new book that's nominally about Apple but really about a broader reshaping of the supply chain and China using Apple's almost unimaginably vast investment in China to their own advantage has come out. … Yeah, I don’t understand how Apple is supposed to move manufacturing to the States in a ...

From a 'value' perspective and recently long dated bond yields have been relatively low (bonds expensive), generally you want to shorten down when so, expand when yields are high. Gold is relatively high compared to silver recently, gold/silver ratio 100+ S&P500 has outpaced midcaps, aided by a ...

That is of course a EU general (global) observation, isn't just a EU/ECB thing, rather a broad/global risk factor observation directed at concentration risk (physical gold largely held by relatively few banks). Yes there's a high ratio of paper to physical gold, something like >100 times more paper ...

Perhaps, but a default of an entity like the United States government has never happened. It might be impossible in theory. Isn't the entire purpose of fiat that it is glide path rather than hitting walls. If necessitated partial defaults - such as in the way of high inflation, nearly as high inter...

Its over for bonds. The culture has changed and no one cares if the Fed just prints. When others held US Treasury's (China etc.) then the Fed could print/spend on say military might and others (China) had to print and buy more US Treasury's to avoid otherwise having their existing holdings devalued...

Gold The Dollar has doubled halved since the first post of this thread. The dollar is not an investment. O0 trillions of dollars are traded in currency markets daily . it’s as much an investment as as gold is since gold is the dollars competitor . The average daily trading volume in the forex marke...

From my perspective, and it is just my opinion, I see Gold as capital and the other three PP holdings as investments. I see it as in-hand. A 400oz London Good Delivery bar of gold weighs less than its value held as $100 bills. Weighs similar to 12440 x $100 bills, but would cost around 13000 x $100...

You can become relatively richer by losing less than those around you. We invest in a UK/London home (residency), USD in US stocks, gold. Supplemented with a state and occupational pensions that might be considered as a bond ladder that precisely expires the day you die. Home value + imputed rent mi...

Trump is very binary, sees things as win or lose only and as such is opting to cast out agreements that he opines aren't a sole present day binary US win situations. Any world leaders that simply disregard former international promises/agreements raises the level of distrust. Many for instance see a...

of 25% cash, I am considering keeping 5% in different currencies. I couldn't find any HB thoughts on this, he advocated the dollar because of its reserve status. The Euro is considered to be the 2nd reserve currency, and you can pick up shares of FXE to get Euro exposure. And maybe some FXC for Can...

I'm trying hard, in my life, to pull people away from the silent pull of "The market is the S&P500". What about a individual who owns home - as their "equity" exposure, and has a good inflation adjusted pension income - that might be considered as a perfect bond ladder that ...

If you think the other nations aren't going to gradually sell off Treasuries and not participate in future US Treasury auctions, you're using LSD suppositories. This will cause longer term interest rates to rise, and give us "Ray Dalio's debt heart attack within three years". The Fed does...

Golds also more in vogue now. When your shoe-shine boy starts wearing gold rings/necklaces and chats about gold being so great - the up arrow might have peaked, turn and start a down-run. Stocks PE down from recent 26 to half of that. You must travel in different circles. All I hear about is stocks...