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- Manlobbi
Halls of Shrewd'm / US Policy
No. of Recommendations: 5
seeing some investors also read 'atheist' and shred'm has no Gold\PM board, i imagine most see gold as warren does.
(basically if you are ever in a situation where gold becomes your black swan rescue asset, you will have much bigger things to worry about)
historically, stan druckenmiller also has not been a gold bug.
some may be piqued in that he sees Gold as a hedge against a trump election win.
...[druckenmiller] expects inflation to flare up if and when Trump gets elected: “We’ve got from US$800 million in the Fed balance sheet to US$9 trillion, and if Donald Trump’s elected, trust me, it’s going to up a lot more in the next term… Trump is a big spender. He doesn’t believe in the Federal Reserves. And we go back to the Arthur Burns model times two. We have fiscal recklessness without abandon, just like he runs his business. And on top of that, he puts a puppet in the Federal Reserve. Under that model, you have to be open-minded to 8-10% inflation rate take-off like it did in the 1970s”
there is an excellent broader summary on asiancenturystocks.com for any interested.
No. of Recommendations: 2
..[druckenmiller] expects inflation to flare up if and when Trump gets elected: “We’ve got from US$800 million in the Fed balance sheet to US$9 trillion, and if Donald Trump’s elected, trust me, it’s going to up a lot more in the next term… Trump is a big spender. He doesn’t believe in the Federal Reserves. And we go back to the Arthur Burns model times two. We have fiscal recklessness without abandon, just like he runs his business. And on top of that, he puts a puppet in the Federal Reserve. Under that model, you have to be open-minded to 8-10% inflation rate take-off like it did in the 1970s”
Yep, we'll get to see what dregs Project 2025 comes up with and try and weather the storm.
No. of Recommendations: 2
Contrary to popular opinion he is not dumb. Higher inflation is very good for those who carry debt, like those that invest in real estate.
Alan
No. of Recommendations: 1
every sociopath considers themselves smart, especially up until any liability is due.
but MAGA has bigly payoff options with trump's smarts, since his highest priority is to make them rich like the first time around.
then can put their life savings into :
DWAC shares
NFTs
sneaker promises
GOP donations
GOFUNDME for lawyers, civil fines, name your grift
easy money once he wins.
No. of Recommendations: 1
I have to disagree. He is dumb. I'd match my brainpan against his any day of the week, and three times on Sunday. If he didn't have a wealthy father, he'd probably be dirt poor.
I suspect Tiffany is the smartest one of the bunch, though we don't really know much about her. Which is smart...she's keeping a low profile. Trump's sister doesn't think very much of him.