..holy smoke, even a $4k gold price could start looking conservative.
BREAKING: UBS says a permanent implementation of President Trump's reciprocal tariffs would result in inflation rising to 5%. This would be a result of prices rising to "adjust to the higher costs of imports." We are on the verge of 5% inflation and negative GDP growth.
https://x.com/KobeissiLetter/status/1907634071175377149
