3 ms·

You really can’t see Trump abusing someone’s trust?

by knuckleheads 6mo ago

0x3f 6mo ago
The guy only releases bad news when the markets are closed to avoid some minor corrections. I doubt he's about to crash the gold market.
- steanne 6mo ago
  that's not why. https://en.wikipedia.org/wiki/Sundowning https://en.wikipedia.org/wiki/Sundowning
  - steveBK123 6mo ago
    Yes the increasing erratic behaviour and vulgar language are signs. This weekend was I believe the first F bomb dropped in writing by him.
    - flotzam 6mo ago
      He posted it at 8:03 AM though... (12:03 PM UTC, and he was in D.C.) https://truthsocial.com/@realDonaldTrump/posts/116351998782539414 https://truthsocial.com/@realDonaldTrump/posts/1163519987825...
- steveBK123 6mo ago
  He is not a trustworthy negotiating partner. This is a real estate developers approach to deals - they are only selling you a condo once, so they are going to screw you as badly as they can while still making the sale. They never plan to do business with you again. Perversely, I’m not even sure that US seizing foreign owned gold would crash the gold market. Remember prices are set by incremental sales, not total held. So there would likely be a rush to buy gold domiciled outside the US, creating upwards price pressure if only temporary.
  - 0x3f 6mo ago
    Sure he might want to do that, but I think his behavior shows he's still beholden to the markets to a large degree. A lot of his (self?) image is tied into 'economic performance', rightly or wrongly.
    - steveBK123 6mo ago
      And despite the meme that GOP is better for stock market & that Trump is obsessed with it - its only up 10% since inauguration vs 17% this far into Biden presidency. And he seems to be trying to crash it each spring (Tariffs, Iran).. looking forward to next season. The market is not stupid enough to ignore what he does after hours, it just blunts the knee jerk reaction by a few hours.

3 ms·

You really can’t see Trump abusing someone’s trust?

by knuckleheads 6mo ago

You really can’t see Trump abusing someone’s trust?

0x3f 6mo ago
The guy only releases bad news when the markets are closed to avoid some minor corrections. I doubt he's about to crash the gold market.
- steanne 6mo ago
  that's not why. https://en.wikipedia.org/wiki/Sundowning https://en.wikipedia.org/wiki/Sundowning
  - steveBK123 6mo ago
    Yes the increasing erratic behaviour and vulgar language are signs. This weekend was I believe the first F bomb dropped in writing by him.
    - flotzam 6mo ago
      He posted it at 8:03 AM though... (12:03 PM UTC, and he was in D.C.) https://truthsocial.com/@realDonaldTrump/posts/116351998782539414 https://truthsocial.com/@realDonaldTrump/posts/1163519987825...
- steveBK123 6mo ago
  He is not a trustworthy negotiating partner. This is a real estate developers approach to deals - they are only selling you a condo once, so they are going to screw you as badly as they can while still making the sale. They never plan to do business with you again. Perversely, I’m not even sure that US seizing foreign owned gold would crash the gold market. Remember prices are set by incremental sales, not total held. So there would likely be a rush to buy gold domiciled outside the US, creating upwards price pressure if only temporary.
  - 0x3f 6mo ago
    Sure he might want to do that, but I think his behavior shows he's still beholden to the markets to a large degree. A lot of his (self?) image is tied into 'economic performance', rightly or wrongly.
    - steveBK123 6mo ago
      And despite the meme that GOP is better for stock market & that Trump is obsessed with it - its only up 10% since inauguration vs 17% this far into Biden presidency. And he seems to be trying to crash it each spring (Tariffs, Iran).. looking forward to next season. The market is not stupid enough to ignore what he does after hours, it just blunts the knee jerk reaction by a few hours.