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Sunday, September 01, 2019 9:57:28 AM
The slated 15 percent U.S. tariffs on approximately $112 billion in Chinese goods may affect consumer prices for products ranging from shoes to sporting goods, the AP noted, and may mark a turning point in how the ongoing trade war directly affects consumers. Nearly 90 percent of clothing and textiles the U.S. buys from China will also be subjected to tariffs.
Up to this point, the Trump administration has largely eschewed tariffs on consumer goods, and consumer spending has remained high amid slowdowns in other economic areas such as investment spending and exports.
President Trump’s economic advisors, Larry Kudlow and Peter Navarro, have consistently argued the trade conflict will not or will minimally affect consumers. ... »
https://thehill.com/policy/finance/trade/459553-new-tariffs-go-into-effect-in-us-china-trade-
« ...Sprott CEO sees 'billionaires and family offices' buying gold
Peter Grosskopf, CEO of Sprott, joins BNN Bloomberg after reporting their latest quarterly earnings. He shares his insights on the state of the metals industry and why he believes dynamics are starting to form that could see M&A in the precious metals space start to ramp up. ... »
https://www.bnnbloomberg.ca/commodities/video/sprott-ceo-sees-more-gold-m-a-coming-in-2019~1625441
http://www.sprott.com/investor-relations/press-releases/sprott-inc-announces-appointment-of-peter-grosskopf-as-ceo-and-director/
https://www.kitco.com/commentaries/2019-08-30/Brien-Lundin-on-Why-Gold-Is-Freedom.html
https://business.financialpost.com/investing/investing-pro/i-wouldnt-be-surprised-to-see-3000-gold-david-rosenberg
https://www.streetwisereports.com/article/2019/01/08/with-sprott-financing-in-hand-company-announces-arizona-gold-mine-resource-expansion-plan.html
https://kerrmines.com/
The increased tariffs will provide the Price of Gold wings! IMHO
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