Loading ...US tariffs into China down to 10%. Yes, the markets will go wild, but as John Cleese said, “what’s the bleedin’ point?!” A 30% tariff on ultra cheap goods is irrelevant. That’s not going to onshore production from China. Nor is it going to fund the elimination of income tax.
All the pre-tariff pre-Ukraine pre-Gaza reasons to own gold are still in place.