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The Foothills of Gold’s Eventual Everest The main event in markets this week was news that an obscure Chinese start-up artificial intelligence (AI) company released “DeepSeek R1,” a new AI model that apparently outperforms even the best Western AI models at a fraction of the cost. Furthermore, DeepSeek was released “open source” (developed collaboratively and […]
[NBC] Live updates: Trump set to impose tariffs on Canada, China and Mexico [AP] Trump’s tariffs on Canada, Mexico and China could mean higher inflation and economic disruption [Reuters] Trump readies order for steep tariffs on goods from Mexico, Canada, China [Yahoo/Bloomberg] Trump Vows Tariffs to Hit Saturday With More in Coming Months [Yahoo/Bloomberg] Steel, […]
Prioritize, or just go chronologically. The beginning, middle, or end of the week? DeepSeek, the Fed or Trump tariffs? Never a dull moment. We live in an Age of Uncertainty – The Era of Nebulous. Was Monday’s DeepSeek tech stock swoon the first crack – the beginning of the end – for the great AI […]
When you think about retirement, you probably envision financial security and peace of mind. But with the dollar’s purchasing power shrinking and economic uncertainty looming, traditional retirement strategies are no longer foolproof. Many seasoned investors remember 2008 vividly—stocks tanked, real estate collapsed, and those who relied on paper assets watched their wealth evaporate. But one […]
[Yahoo/Bloomberg] Gold Steadies Near Record High as Traders Weigh Tariff Threats [Yahoo/Bloomberg] Stocks Higher on In-Line Inflation: Markets Wrap [Yahoo/Bloomberg] Trump Tariff Vow Heaps Pressure on Canada, Mexico, China FX [Yahoo/Bloomberg] Bonds Gain in January as Trump’s Return Drives Topsy-Turvy Month [AP] Inflation ticked higher last month, in latest sign of persistent price pressures [CNBC] […]
Gold and precious metals were largely flat over the week, as broader markets gyrated on AI news from China and the Fed’s decision to keep rates steady. Let’s take a look at where prices stand as of our recording on January 29: Gold is flat at $2,755 from a week earlier. Gold did touch up […]
Historic ‘24 Excess Portends Precarious 2025 – January 30, 2025 David: Good afternoon. This is David McAlvany. We’ll go ahead and get started. This is our January 30th, 2025 Tactical Short conference call titled Historic 2024 Excess Portends Precarious 2025. Good afternoon. Thank you for participating in our fourth-quarter recap. As always, thank you […]
[Yahoo/Bloomberg] Stocks Climb as Traders Await Apple Results: Markets Wrap [Yahoo/Bloomberg] Yen Holds Gains After BOJ Himino Reaffirms Rate Path [AP] U.S. economy grows solid 2.3% from October to December, 2.8% for full year 2024 [AP] Fewer Americans apply for jobless benefits last week as labor market shows continued strength [Yahoo/Bloomberg] Powell Says Fed Doesn’t […]
