Notes in the Margin

“Considering your Country decided not to give me the Nobel Peace Prize for having stopped 8 Wars PLUS, I no longer feel an obligation to think purely of Peace.”

This latest gold surge follows President Trump’s weekend threats of new tariffs on eight countries unless they support a U.S. purchase of Greenland.

After briefly topping $94 this morning. 

Grizzly bears are no where near being truly "endangered" yet they continue to receive federal protection. 

Auto loan delinquencies are rising and the average amount owed on underwater trade-ins hit an all-time high of $7,214.

"Gold, which does not yield interest, typically performs well in periods of low interest rates and heightened ⁠uncertainty."

Trump has abandoned the 50-year mortgage scheme, after most people figured out it mostly helps bankers at the expense of ordinary people. 

In the Powell v Trump feud, the world's central bankers support Powell. This is not surprising since central banks coordinate policy to benefit the global banker class. 

"They are part of a group from several allied countries. Together, they will prepare for upcoming elements within the framework of the Danish exercise Operation Arctic Endurance."

Rising yields (highest since 1999) could force Japan to sell US Treasurys to service its own debt. This would then fuel higher interest rates for US debt as well.