Rest of the world is open for the most part.
I don’t think he’d share it with what he thinks of as a DEI holiday
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meanwhile … is there any end to this? My portfolio is now 16% gold/silver/mining do I possibly want more?
As long as Trump keeps doing crazy things the world will keep dumping US equities/bonds and drive up the price of gold and silver (China is buying very large quantities of gold as well while selling US Treasuries)
There are real world problems with this of course as gold and silver are used in manufacturing (so its driving up prices for those goods).
I’m on the bubble about starting to sell some of my physical silver and gold. I’m seeing reports predicting further spikes in silver prices to $130 US followed by falls of 30-50%. So it seems like there’s room for additional growth, but that I shouldn’t wait too long to sell.
Sell physical? I guess if you have a lot of it, or purchased a lot of with the expectation to trade it like any other financial asset. If it’s a token amount and only a few % of your total assets, just keep it.
A small amount of physical is worth having for SHTF insurance, so you would not want to take take the gains on that. More than that…the paper version works fine.
Europe collectively holds roughly $8 trillion of U.S. bonds and equities, providing it with a potential lever to fight back against Trump’s unchecked threats and tariffs—should it choose to pull it.
So what would happen if Europe dumps $1 trillion of U.S. bonds and equities?
US Bond yields would rise. This would amplify the deteriorating public finance position that the US is experiencing.
Three pension funds have now fully divested from the US (1 in Sweden and 2 in Denmark).
The US needs external investors to buy its mushrooming levels of public debt, if they go missing (or sell) the US would be in economic trouble.
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Spending on the old (boomers) crippled public investment, leading to weaker productivity growth and poorer economic growth.
The polarised world that they have created will keep producing populists like Trump and Farage because economics become very close to zero sum.
I don’t see a way of fixing this either. Gerontocracies are bad news for the world.
I sold off the 20oz of silver I had lying on my desk, and there were a lot of people at the place and they said it had been chaotic there for about three weeks. But online I bumped up my allocation to gold, silver, and miners all the way to 20% which is the maximum I plan to have for now.
ETA: And I will happily back off that percentage at a moment’s notice…
I put about $1400 on all my CCs in the last month. That’s around 35-40% of what I usually see. I feel like I forgot to do something.
I have a lot of options if I could achieve that on a regular basis.
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Thinking about putting some money in a China focused ETF. These are all down around 30% from 5 years ago and have been relatively flat to slightly up the last few years. Could they be a winner coming out of Trump’s trade war, or perhaps, has the loss of the US been priced in while the potential gain of being the longer term player not yet been realized?
Top China ETFs to Consider
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iShares MSCI China ETF (MCHI): The largest and most popular, offering broad exposure to large and mid-sized companies.
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KraneShares CSI China Internet ETF (KWEB): Focuses on Chinese internet and technology companies, often considered a growth-oriented choice.
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**SPDR S&P China ETF (GXC):**Tracks the S&P China BMI Index, covering a broad range of Chinese stocks available to foreign investors.
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Invesco Golden Dragon China ETF (PGJ): Focuses on U.S.-listed Chinese companies (ADRs).
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Franklin FTSE China ETF (FLCH): A lower-cost, broad-based alternative
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Thanks for the info. I’ve been doing some further reading and it appears that the various broad-based index funds can have very different results. Some of them are wholly based in Hong Kong, some only in mainland China and others a mix.
The S&P opened at $7,002 today.
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