“Citi Sees Gold Soaring to $3,000 on Tensions Triggered by Trump”
February 7, 2025
“Citigroup Inc. expects gold prices to hit a record $3,000 an ounce within three months, with geopolitical tensions and trade wars stoked by US President Donald Trump boosting demand for safe-haven assets…”
https://finance.yahoo.com/news/gold-steady-near-record-high-003402782.html
This lie that tariffs cause inflation is getting old. It’s long term deflation for local products. Good lord why do people lie so much. The goal of tariffs is to raise the price of foreign products so local products can compete. The media is evil and only tells you 1/2 of the story. Yes foreign goods and services increase. 2nd second part is local jobs are created and eventually local goods decrease in price.