iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
19,700 Blog Posts

Trump Threatens China With “MUCH TOUGHER” Terms if He Gets Reelected in 2020

I’ve been saying this for more than a year. China is likely to wait until the 2020 elections, or perhaps 2024, to cut a deal with America. Why ink a long term deal that hurts you if the main component of said deal (Trump) will be gone in a few years.

Trump addressed that this morning, which is interesting and also terrifying for China.

If China does not ink a deal before 2020 and Trump gets elected, they’re completely fucked. By extension, the lower and middle class in America will be fucked too, fucked with inflation.

WTI is -3.5%, copper down nearly 2%.

If you enjoy the content at iBankCoin, please follow us on Twitter

8 comments

  1. spaceman

    Dr Fly great attitude today very wise comments giving me much to relax about this coming month with your GOLD allocation and positive SILVER reinforcing comments with blow back toward the DENIERS. I hope you agree that PHYSICAL storage with modest fees are better than digits on my computer. This would lift my spirits since I favor PHYSICAL.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • metalleg

      Have you heard the phrase, “if you don’t hold it, you don’t own it?”

      Physical means in your hands. At home, under the bed, in a safe, underground in your yard, your attic, etc.

      Physical not held by you means you don’t own it when the shit hits the fan. The depository can tell you to fuck off and if you’re lucky, they’ll give you cash.

      I’m not saying you shouldn’t hold some in a depository but that certainly shouldn’t be your only strategy.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  2. og

    Same shit different day. Who even believes him?

    • 3
    • 0
    • 0 Deem this to be "Fake News"
  3. mx2101

    China can out wait any US president. Long game.

    • 0
    • 0
    • 0 Deem this to be "Fake News"