Last week, confusion over tariffs sent gold prices to a record $3,534.
Traders feared gold tariffs would slam the bullion market.
But today, Trump ended the panic with 4 words:
“Gold will not be Tariffed!”
🧵👇
2/ The scare started when a U.S. Customs ruling suggested imported gold bars could face country-specific tariffs — up to 39% for Switzerland, the world’s refining hub.
That would have wrecked global gold supply chains overnight.
3/ The result?
📈 Gold futures hit $3,534.10, a record.
📈 Spot gold jumped above $3,390.
📈 The premium between U.S. futures & global prices exploded to $100+.
Markets feared the U.S. might break the gold trade.
President Trump just did what 3 presidents promised but never delivered—he ended most U.S. sanctions on Syria.
Now America is sitting down with Syria to plan reconstruction—and the geopolitics AND geoeconomics are huge. 🧵
2/ Tomorrow, U.S., Jordanian, and Syrian officials will meet in Amman to discuss rebuilding Syria—a war-torn nation devastated by civil war since 2011.
The goals: security, stability, sovereignty, and prosperity.
Biden sold $350 MILLION of unused Trump border wall materials for pennies on the dollar.
Now, in a stunning reversal, the auctioneer is sending them BACK to the feds — to finish the wall.
This is a wild story. 🧵👇
2/ When Biden took office, his first move was to stop Trump’s wall.
He called it “not a serious policy solution” — then sold the materials off dirt-cheap, in some cases for $1 a panel.
Taxpayers ate the loss.
3/ The waste was massive:
• Biden stopped construction
• Up to $350M in materials just sitting in the desert
• $130,000 PER DAY to guard them
• Sold for pennies — one batch of 729 steel beams went for $154,200
It was an insult to taxpayers and border security.
Attorney General Pam Bondi just appointed a special prosecutor to investigate Sen. Adam Schiff & NY AG Letitia James for mortgage, bank & wire fraud — crimes carrying up to 30 years in prison.
I told you they meant it. 🧵
2/ Bondi tapped former acting U.S. Attorney @EagleEdMartin to lead the cases.
“For months DOJ & the FBI have been working on these,” Martin says.
“My job is to stick the landing.”
Translation: they think they can get convictions — and they’re going for it.
@EagleEdMartin 3/ Adam Schiff:
One of the loudest Trump-Russia hoaxers.
Now accused of over a decade of mortgage fraud — allegedly claiming his Maryland home was his “primary residence” from 2009–2020 to score cheaper loans… while still living in California.