I knew Gold was under pressure when I saw Wednesday that a Pam 10 ounce Gold bar was selling at SD Bullion for 10,300 dollars - That is just 2030 an ounce. They would never sell at such a price if they didn't think Gold was not going to below 1950 an ounce.
Federal Receipts in the 2023 dropped even nominally since in the previous year their to-GDP-ratio was the second highest post-II WW after the 2000. Moreover they are still relatively slightly higher than in the pre-covid Trump even if that drop was the deepest ever.
All thr charts provided by today's guest, Tian Yang, give sane viewers the true picture of reality. Thank you much, MacroVoices.
Tian Yang, the man with the cutest trades in the game.
Thanks gentlemen, great show.
If a recession happens, but no one watching CNN/MSNBC hears it, did it really happen?
P.S.Great guest.
Thank you !! Great work !!
It's hard to come up with new ways to look at econ data. This is quite interesting and innovative!
good charts from the guest
Sophisticated investors like you and I.
Stupisicated.
I knew Gold was under pressure when I saw Wednesday that a Pam 10 ounce Gold bar was selling at SD Bullion for 10,300 dollars -
That is just 2030 an ounce. They would never sell at such a price if they didn't think Gold was not going to below 1950 an ounce.
Federal Receipts in the 2023 dropped even nominally since in the previous year their to-GDP-ratio was the second highest post-II WW after the 2000. Moreover they are still relatively slightly higher than in the pre-covid Trump even if that drop was the deepest ever.
Fiscal syphilis or herpes?