Here are the latest news items and commentary on current economics news, market trends, stocks, investing opportunities, and the precious metals markets. In this column, JWR also covers hedges, derivatives, and various obscura. This column emphasizes JWR’s “tangibles heavy” investing strategy and contrarian perspective. Today, we examine the prospect of new tariffs, starting in 2025.
Precious Metals:
From BullionVault: Volatility Hits Gold and Silver Prices on ‘Tweak’ to Trump’s Trade Tariffs.
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Reuters reported on Tuesday: Gold pares gains as dollar rebounds following US jobs data. Here is a key quote:
“Uncertainty surrounding the tariff policy in the run up to Trump’s inauguration on Jan. 20 has fuelled concerns about future moves in U.S. policy.
Investors have been pricing in a scenario where proposed tariffs could inflame U.S. inflation, limiting the Fed’s ability to cut rates and thereby pressuring gold.”
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Here’s How Tariffs Could Impact the Precious Metals Market”
Economy & Finance:
Tariffs on the move? A guide for CEOs for 2025 and beyond.
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How proposed tariffs could reshape U.S. economy and global trade in 2025.
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David Haggith: The Trouble with Tariffs and the Economic Nuclear Bomb, Part Two.
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A good background piece from Morgan Stanley, published back in November: Unintended Consequences: The Economic and Corporate Trade-Offs of Tariffs.
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From the statist/globalist perspective of Global Finance magazine: Bracing For A Tariff War.
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Reported by CNBC on Wednesday: Fed officials are worried about the inflation impacts from Trump’s policies, minutes show.