No. of Recommendations: 17
But Trump hasn't actually done anything. Issued dumb threats? Sure.
If the Danes want to dump their bond holdings, hey, okay.
I guess it depends on how you understand the words hasn’t done anything
Heather Cox Richardson ended her Substack article as follows:
Tonight [last night] Danish troops—the same troops who stood shoulder to shoulder with U.S. troops in Afghanistan from 2001 to 2021—arrived in Greenland to defend the island from the United States of America.
Meanwhile, equities are way down. So too the US dollar. And somebody’s selling US treasuries, because they are significantly down as well.
And it appears that world wide, SOMEONE(s) is/are buying the go to asset that people, banks and nations buy when it looks like things are going to hell in a hand basket- gold. Already up about 80% in the last 12 months, today’s spot price for an ounce of gold is up over $150 since last Friday’s close.
