Notes in the Margin

The People’s Bank of China has reportedly pitched central banks on storing the yellow metal on their behalf, inside China.

"Job gains have slowed ...At the same time, inflation has risen recently and remains somewhat elevated."

The USA is living in the past and still thinks it can abuse its potential allies, and still expect those countries to line up in support of the US. Article by Douglas Macgregor.

Miran wants to fire up the Fed money printers. He absurdly believes Fed policy is "well into restrictive territory." 

Epstein’s case exemplifies how federal law doesn’t apply to the financial elite.

Asset prices are near all-time highs, but the Fed cuts rates to pad the wealth of Wall Street, and to please the Trump administration. 

Sec. of War Pete Hegseth says that the U.S. is “going to go on offense, not just on defense."

Judge Napolitano: We cannot support the president's extrajudicial killings and also claim to take the Constitution seriously. 

The president bragged about committing more murders at sea today, and claims the unknown victims were drug runnners. 

If the Fed pumps more easy money, we could expect a surge above $3,800.