Wouldn’t that be great if we could just have neutral judges … who made rulings for the good of the country! Yes a pipe dream I know.

More right wing judges in the Supreme Court?

Dog

back in action before the bell.

Dog

Already many migrants are in the police forces.

That will be interesting to watch when they put guns in the hands of these migrants. Get out the popcorn.

Were going into stagflation..until next year when Europe is going into a depression, elimination of the Euro  for digital and war. Armstrong warns if you have any money in the EU get it out.

War next year,  their stock market could shut down. War will bring the interest rates up here despite stagflation. Armstrong computer doubts EU will last past 2030. So I guess that say Zelenski won’t have peace on behalf of the EU but we will with Russia. Putin even offered to build a tunnel to Alaska to help us process rare earths  All business or any money going into Ukraine from the US will be off the table including Larry Fink  per executive order.

Pretty incredible to me that the Supremos would rule against Trump on the Tariffs! Who’s running the country anyways? At times it looks like a bunch of lefty judges …

https://www.zerohedge.com/economics/these-are-europes-top-economies-projected-2026-gdp

30% and Falling: How the Supreme Court Tariff Ruling Forces Unprecedented Fed Money Printing!

Today, the markets are waking up to a scenario that could reshape American economic policy forever. Kalshi prediction markets now show just a 30% chance that the Supreme Court will rule in favor of Trump’s tariffs, down a staggering 26.9 points this week.

This isn’t just another legal case; it’s a potential catalyst for the most explosive monetary expansion in American history. If the Supreme Court strikes down tariffs as unconstitutional, it will eliminate the government’s primary tool for raising revenue without taxes, leaving only one alternative: massive money printing by the Federal Reserve.

The implications are staggering. A Supreme Court ruling against tariffs would force the government into a monetary policy corner with no escape route except currency debasement.

This creates a perfect “heads I win, tails you lose” scenario for precious metals investors. Either tariffs survive and create inflationary pressures, or they get struck down and force unprecedented money printing.

The Constitutional Crisis That Forces Change

The Supreme Court case represents more than a legal dispute; it’s a fundamental challenge to the executive branch’s ability to manage trade policy and government finances.

Trump’s tariff regime has generated hundreds of billions in revenue, providing a crucial funding source that allows the government to avoid raising taxes or cutting spending.

If the Court rules that these tariffs exceed constitutional authority, it doesn’t just eliminate a trade tool; it eliminates a massive revenue stream at the worst possible time.

The timing couldn’t be more precarious. With national debt exceeding $38 trillion and annual interest payments consuming over $1 trillion, the government is already operating at the edge of fiscal sustainability.

Tariff revenues have provided a critical buffer, allowing politicians to avoid the painful choices between tax increases and spending cuts.

A Supreme Court ruling that eliminates this revenue source would create an immediate fiscal crisis that demands an immediate response.

But way wrong. A peace deal with Ukraine and Russia is being presented. What if Russia and US and Ukraine get together with the help of Armstrong who understands what going on  was called. If China is reacting to that now as far as metals and rare earths which they want to control is the reason I don’t know. As far as Zekenski if he does not agree we pull out of NATO. Fink won’t be too happy..This is really good.

Armstrong Called In to Prevent WWIII – Martin Armstrong

The Chinese will win. He will lose his patience with them and do something else rash and provocative. Tariffs, export bans, import bans who knows, but the economic detente, which looked completely fake anyway, will be over.

Here is a reason we are well up…..this is super bullish for Silver and a nightmare for the shorts.

https://www.zerohedge.com/technology/china-introduces-new-exports-controls-antimony-tungsten-and-silver

it ends by saying

‘Until then, go long stocks of domestic miners that specialize in extracting and producing anything and everything that China feels like no longer exporting to the US.’

Which will cheer the shorts no end…….

Stranger things have happened.

Metals up comfortably at this early hour with the dollar and rates down a little. Even the dollar was due for a pause at some point. Rates are down as couple bips after being up 6 bips yesterday. Oil bouncing back above $60. Bitcoin giving up another 1%. SM futures flat.

I confess, I didn’t think we’d be moving higher. Gold back above $4K and silver staring down $49. Shares look healthy premarket, even AG bouncing back 3%. HL had good earnings.

I’m with Deer79, I’m not sure how the supply problems got fixed just because they moved metal from one warehouse to another. The question is whether the metals can move up above their 20 ema’s and stay there. They’ve managed not to breach their 50 dma’s and have definitely worked off the overbought conditions. The shares of course did drop below their 50 and entered bear market territory with a 20% correction – some stocks more than 20. That will need to get fixed.

Hope fully we’re near the end of a violent shaking and can move back up.

Classic Gold
https://www.railpictures.net/photo/889469/