This past week was not a dream, but a living nighmare to say the least. Not all of the aspirin, Advil, Motrin, Aleve and Tylenol in the world will ameliorate the pain suffered by Americans, both financial and physical. Trillions of dollars were lost by the imploding stock markets around the world.
Even Gold participated in the landslide, closing at $3035 per ounce, down $100 for the week, only a C-Note from its all-time high.
What was the cause of this mayhem, a calamity in the true sense, not seen since Covid. Questions arise, was Trump’s TARIFF BLITZ to blame? Our back of the page analysis BLAMES TRUMP. His team did not have the intesinal fortitude (balls) to tell him to tread softly, but carry a big stick. So Trump went all in, carrying a TORPEDO BAT, swinging for the fences. However there was no joy in Mudville last week, but truly a FUNERAL; Trump was last seen being carried back inside a caisson
to the dug-out on the horizontal.
Questions remain, What Next? We shall see the scenario onfold in the days and weeks ahead, but keep in mind that we were completely blindsided by the massacre, as were others. We feel your pain, blood baths
are not fun to watch nor be drowned in. After all, there are safe harbors, Swiss Franc, Japanese Yen and Gold. Good Luck to All.