Founders Friday: Gold, France, China, Trump 2.0
Happy Friday
Housekeeping: Happy Friday
Intro:
Light Day for Gold and good macro analysis. Here are some notes on the best we saw
Rabo is a good read and BOA has some good graphics.
MUFG on Gold was interesting but brief.
We’re beginning to think after looking at the TS Lombard piece that China’s stopping Gold purchases may be also directly related to their struggle to balance between internationalization and capital flight.
The French situation is very interesting politically as MAcron has managed to unite the far left ( lower the retirement age) with the far right (reduce immigration)
Contents
MUFG: Which Banks Admit Buying Gold Now
Frexit Reborn ( 2 pieces)
RABO on US Elections
TS Lombard: China may consider MMT???
BOA: Spending has its generational differences