Ann: September 2024 Quarterly Presentation, page-38

I do not mind Trump and he will definitely do a better job than the muppets in there now (Biden, Harris etc) but I do not trust him to fix the worlds problems. BRICS are too powerful now and gaining momentum with the changing geopolitical situation. They really took advantage of the US demise since Covid. All the mineral rich emerging economies, Africa, Southeast Asia, M.E. are siding with BRICS and all our woke political western countries are turning to crap - climate obsession, projects getting declined constantly due to ESG concerns, record immigration putting stress on domestic economics and fueling inflation. Trump has signalled he is going to force tariffs on everyone to try to boost US domestic output but all that will do for anyone who studied economics is create even more inflation issues.

The Russia/Ukraine war will take months/years to reach an agreement. They have not even started negotiations thanks to Boris Johnson, and others sabotaging initial talks. Plus Russia are only now starting to make their massive gains as Ukraine support dries up, they are not going to want to stop and make any deals when they finally have the upper hand. Then there is Trump who has recently come out in support of the Jewish class and sympathise with them. If anything I, think he will fuel the Middle Eastern conflicts and continue selling weapons to Israel. I do not see any concern for gold prices if Trump wins (which I expect in a majority). Economic conditions continue to deteriorate thanks to record US debt, plus the pressure on the US dollar due to BRICS gaining footholds in Africa & Asia and controlling global commodity outputs and trade. As well as ongoing geopolitical issues in many areas, Taiwan has not even been spoken about yet, but they are saying a conflict some time in 2025. Not a good period! Trump can't fix everything IMO! $5000usd gold inbound at some stage in 2025 IMO.