Who is paying the tariffs?

U.S.A. is paying for 90% of the tariffs. 

Tariff Trade War De-escalation

USA - China lowered tariffs. 

Reciprocal Tariffs

Fun is about to commence for gold. Not so much for stocks.

Tariff Effects: You've Seen Nothing Yet

It's about to get fun.

Tariffs are good for gold

25% tariffs on USA, Canada, Mexico. 10% tariffs on China. This is the magnitude of it.

Trump Tariffs

Tariffs are bullish gold.

U.S. China Trade Deal is a Scam

How do you force China to buy soybeans from the U.S., while it's much cheaper to buy from Brazil due to the U.S. tariffs?

Even if China were to execute the trade deal, this would be highly inflationary for the U.S. consumer.

Trump Tariffs to Stay In Place untill October 2020

A month ago Trump was going to cut tariffs in half and suddenly:

=> Tariffs are to stay in place till at least October 2020. Very bullish for precious metals. More domestic inflation and slow growth.

Remember what happened on 1 August 2019:

 

 

Trump Caves on Tariffs

Trump cancels December tariffs and lowers tariffs by 50% on some Chinese goods. This will be a setback for precious metal mining stocks.


10 year bond yields shoot higher:


Gold plunges:



Oil and GDP move higher: