Trump Says US and Canada Strike Deal, Temporarily Pauses Tariffs
Trump said on Tuesday he had paused 50% tariffs on goods from Canada that were scheduled to start Wednesday for a three day period.
Ancient One
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- TACO Tuesday, only Canada is too nice to call him out for it (unlike Iran) . Trump is stuck as I've predicted. US economy can withstand tariffs better than most countries (except china) but American has the least tolerance because they have minimum savings , high inflation and bad job numbers - don't trust official job numbers, they will give a good number and walk it back after 2 months blaming "new reporting "- minimum the economists can do to not become part of the statistics in trump's administration and yet keep their integrity for next jobs. Fed chair already start the chain, by not stating his views and his votes. Mid-term is here, after that, Trump either starts deciding what we want to take from White House to hide in Florida or he starts his 3rd term nonsense, either way, A
- jobless numbers going upUS Weekly Jobless Claims Increase Moderately, Point to Stable Labor Market
US Weekly Jobless Claims Increase Moderately, Point to Stable Labor Market
US Weekly Initial Jobless Claims 209K (Est. 202K, Prior 200K Revised from 199K) - Stop believing in US official numbers. Real inflation is much higher, real unemployment is also much higher. USA is entering into stagflation.US Consumer Prices Increase as Expected in July
US Consumer Prices Increase as Expected in July
US July CPI YoY +3.4% (Est. +3.4%, Prior +3.5%) - This is miner decompression, coil spring coming alive , AU beating both top and bottom lines expectation. People said that miner lock step with gold , but gold is a neutral store of value, has no dividend and interest . Miners has shares buyback and dividends. As Japan yen falls, USD is in trouble, too much short term treasury bonds due soon. Look at the US job numbers, then give it a major discount because they are not publishing the real numbers as Trump will fire anybody that releases negative news. They have no room to raise interest rates because of the huge debt, that's why US govt had to support Japan yen but that's Just delaying the inevitable. Yen is back to where it was, merely delayed by a couple of days . What will Japan do ? They will stop buying US debt to support theirAnglogold Ashanti up Nearly 10%, on Pace for Largest Percent Increase Since April 2025
Anglogold Ashanti up Nearly 10%, on Pace for Largest Percent Increase Since April 2025
Anglogold Ashanti PLC is currently at $96.20, up $8.61 or 9.83%--Would be highest close since May 29, 2026, when it closed at $96.84--On pace for largest percent increase since April 11, 2025, when it rose 10.14%--Currently up three of the past five days--Up 21.28% this week; best weekly performance since the week ending April 11, 2025, when it rose 27.54%--Up 21.28% month-to-date--Up 12.8% year-to-date--Down 25% from its all-time closing high of $128.26 on March 2, 2026--Up 67.54% from 52 weeks ago , when it closed at $57.42--Down 25% from its 52-week closing high of $128.26 on March 2, 2026--Up 84.47% from its 52-week closing low of $52.15 on Aug. 19, 2025--Traded as high as $97.61; highest intraday level since May 29, 2026, when it hit $98.93--Up 11.44% at today's intraday high; largest intraday percent increase since April 8, 2026, when it rose as much as 12.09%All data as of 10:06:52 AM ETSource: Dow Jones Market Data, FactSet - This is miner decompression, coil spring coming alive , AU beating both top and bottom lines expectation. People said that miner lock step with gold , but gold is a neutral store of value, has no dividend and interest . Miners has shares buyback and dividends. As Japan yen falls, USD is in trouble, too much short term treasury bonds due soon. Look at the US job numbers, then give it a major discount because they are not publishing the real numbers as Trump will fire anybody that releases negative news. They have no room to raise interest rates because of the huge debt, that's why US govt had to support Japan yen but that's delaying the inevitable. Yen is back to where it was, merely delayed by a couple of days . What will Japan do ? Stop buying US debt to support their PM socialAnglogold Ashanti PLC Stock (AU) Moved Up by 9.46% on Aug 7: Drivers Behind the Movement
Anglogold Ashanti PLC Stock (AU) Moved Up by 9.46% on Aug 7: Drivers Behind the Movement
• AngloGold Ashanti reported strong revenue growth and increased free cash flow. • Lowered all-in sustaining costs expanded profit margins amid elevated gold prices. • Analysts issued multiple buy ratings with an average price target of $110.14. - This is value - 1.2B buyback in last quarter, Another 1.9B that can be used for buyback or dividend. NewCo IPO , dividend. Buy the dip, gold has no interest but miners has dividends and buyback.Barrick Says North America Gold IPO Is ‘Very Close’
Barrick Says North America Gold IPO Is ‘Very Close’
Barrick stock pulls back despite beating Q2 estimates and securing a $1.95B settlement deal with Newmont Corp. Read key financial details. - What people don't understand, Amazon is not just building AI infrastructures, they also owns OpenAI and Anthropic , and when those goes ipo , the stock will sky rocket !Amazon Plans Pecos County, Texas Data Center Campus Powered by New On-Site Generation, Aims to Limit Water Use
Amazon Plans Pecos County, Texas Data Center Campus Powered by New On-Site Generation, Aims to Limit Water Use
Amazon plans Pecos County, Texas data center campus powered by new on-site generation, aims to limit water useAmazon outlined plans for a data center campus in Pecos County, Texas, powered by new on-s - A new cycle of cloud services. Alibaba is releasing the smaller models but the larger ones are no longer open weight, so they will start offering different services, from AI as a service, to hosting etc .Alibaba HK Shares at 10-Week High on Qwen's Opening up Service Integration
Alibaba HK Shares at 10-Week High on Qwen's Opening up Service Integration
BUZZ-Alibaba HK shares at 10-week high on Qwen's opening up service integration** Hong Kong-listed shares of Alibaba9988.HKclimb 2.8% in the second rising session to HK$130.3, their highest level sinc - Just a excuse to buy at lower prices. Barrick has NewCo IPO which they will spin off 20% and hold 80%, so overall valuation of Barrick will go up. They have stock buyback ongoing, they get 1.9B that will that will be use for stock buyback or dividends. Just because ASIC went up , but the Iran war going on for 1/2, and Africa countries are asking for larger shares of the profits, so asic will definitely go up. Look at the various scenarios or examples when prices go down immediately after a decent quarter, almost all trade much higher within weeks.Barrick Mining Misses Second-Quarter Profit Estimates, Settles Nevada Dispute with Newmont
Barrick Mining Misses Second-Quarter Profit Estimates, Settles Nevada Dispute with Newmont
Barrick Mining missed second-quarter profit estimates on Monday. - He can't even control his own mouth, much less the straits of HormuzTrump Says US Forces Effectively Control Strait of Hormuz, Have Cleared Sea Mines
Trump Says US Forces Effectively Control Strait of Hormuz, Have Cleared Sea Mines
Trump told reporters at the White House on Aug. 10 he will seek compensation from Iran after Tehran demanded reparations following a military clash, repeating earlier social media posts. He said US forces effectively control the Strait of Hormuz and have cleared Iranian-laid sea mines.
