Hi PB,
I think that this is just the opening salvo to nationalise the Fed. I think that Trump intends to load the Fed up with debt until it bursts, while using the dosh to get re-elected. I suspect that Trump wants the next USA currency to be gold-backed and treasury-minted. Hence Andrew Jackson, the central bank killer, on his wall. All unconfirmed at this stage though. I'm no expert.
I'm highly suspicious of the reality of the gold price.
"Nobody told me there'd be days like these."
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Shanthar Pathmanathan, MD
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