Central banks are buying gold

Since 2008, the east has been buying gold and the west has stopped selling gold.

Tax revenue Vs Budget deficit

Deficits are going up even while tax revenue is stable. What will happen when tax revenue actually drops in a stock market recession?

Gold Vs Stocks

When gold stagnates, stocks go up. When stocks stagnate, gold goes up.

Bullish or Bearish Gold/Silver

We have a very peculiar situation here. We are seeing both a bullish ascending triangle formation and a bearish descending triangle formation.

Who will be correct?

The effect of trade war on goods trade U.S. - EU - China

Who is the real loser since the start of the U.S. - China trade war in 2018?

=> The U.S.

But ultimately both China and the U.S. lose as their GDP will shrink as imports and exports both crater.

Also very important to know is that due to China not selling as much goods to the U.S., it will have no reason to buy U.S. treasuries anymore from the U.S., because it won't have excess dollars to buy treasuries. Since the trade war started, China has been selling U.S. treasuries.

 

The effect on Chinese growth is acceptable. China will still grow at an annual rate of 6% as we don't see a big decline in power consumption since the start of the tariffs in 2018.