Housekeeping: Good afternoon. Hartnett’s Weekly report is presented 2 ways: 1) Video walk-through with commentary 2) Hartnett’s main points broken out below, Enjoy.
The report is focused on
US/ ROW equity spread narrowing now
China recovery takes root
Washington DC recession as proxy for Trump/DOGE activities
Tariff Update, Trump’s Budget cut math
**Gold Comment:
Zero gold commentary this week. Everything he discusses actually implies he’s not bullish (opposite of LBMA drainage implies) from a geo-macro perspective.. or at the very least he’s uncertain.
Thus, you’re not going to like our “read” on what Hartnett may be implicitly saying about Gold. - Comment near the end of audio
BUT…. its not all fear here
Hartnett might also be impliclty saying peace can break out and Gold might be part of the solution… Gold could actually be part of any peace accord in mBridge fashion. Just like a mercantilistic monetary system we’ve been on about for 2 years would demand…… It’s not crazy given all the Gold repatration. What could we possibly need it for?
