Podcasts about us treasury

Trader, writer, and Spicy Italian Meatball (!!) Vince Lanci returns to the podcast to close the loop on our now three-year financial & geopolitical bromance which began with the help of the equally great, but not nearly as spicy Tom Bodroviks then of Palisades Gold Radio and now Competent Investor, when we first discussed the idea of Gold-backed US Treasury bonds, as promoted by Judy Shelton.Vince and I cover the implications for the further coalescing of a Russian / Chinese / American currency and bond trade which combines the best that all three countries have to offer to a world which cuts out the City of London, Brussels, the BIS, and, of course, Davos.It's a wild ride.... Vince never disappoints.Show Notes:Vince on XVBL's GoldFixTom on XGGnG on Patreon 

Hello and welcome to episode 202 of the Financial Crime Weekly Podcast. I am Chris Kirkbride. This episode covers significant sanctions news including the US Treasury targeting the Democratic Karen Benevolent Army for operating cyber scam centres in Burma, and the sanctioning of a global network supporting Iran's missile and UAV programmes across Iran, China, the UAE, and several other countries. The episode also covers transnational crime fighting efforts, such as FinCEN's proposed rule identifying Mexico-based gambling establishments as a primary concern due to their ties to Sinaloa Cartel money laundering, and the UK's alert exposing how global shadow fleets enable sanctions evasion. Additionally, the episode addresses major cyber developments, including Europol's Operation Endgame which dismantled significant cybercrime infrastructure, and the UK's announcement of the Cyber Security and Resilience Bill aimed at protecting critical services and regulating managed service providers.A transcript of this podcast, with links to the stories, will be available at www.crimes.financial.

Markets turned risk-off after early optimism. European stocks reversed gains, with the STOXX 600 down 0.6%. In the US, hawkish Federal Reserve comments erased the relief rally: the Nasdaq dropped 2.3%, Bitcoin fell back below USD 100,000, and gold eased slightly. Odds of a December rate cut slipped to 50% following remarks by several Fed members, lifting US Treasury yields. US president Trump plans tariff cuts on food imports to tackle inflation. Brent crude rebounded from midweek losses. The dollar softened, the Swiss franc strengthened, the yen hit a record low against the euro, and sterling remains volatile. Weak Chinese data weighed on Asian equities, led by technology losses. Tim Gagie, Head of FX Advisory Geneva, highlights that precious metals are trading with equity-like dynamics, the CHF goes from strength to strength, while the Japanese yen is under pressure.(00:00) - Introduction: Bernadette Anderko, Product & Investment Content (00:28) - Markets wrap-up: Mike Rauber, Product & Investment Content (06:30) - FX and metals update: Tim Gagie, Head of FX Advisory Geneva (10:51) - Closing remarks: Bernadette Anderko, Product & Investment Content Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or wherever you get your podcasts.

Danny Moses hosts Luke Gromen, founder of Forest for the Trees, on the On the Tape Podcast. In this episode, they discuss the SRF and SOFR rates, recent stresses in the repo markets, and the US Treasury's actions to alleviate funding issues. Luke explains the systemic risks in the financial system, the influence of hedge funds in the US Treasury market, and compares the current repo market scenario to 2019's market upheavals. The conversation shifts to the implications of AI on jobs and the economy, potential credit market disruptions, and the sustainability of the AI CapEx cycle. They delve into the geopolitical dynamics with China, the critical role of rare earths, and the delicate balance in the US-Japan economic relations. The episode concludes with a discussion on gold as a strategic asset, Bitcoin's potential, and the future of monetary policy amid fiscal dominance and inflation.--ABOUT THE SHOWFor decades, Danny has seen it all on Wall Street and has built his reputation on integrity, curiosity and skepticism that he will bring with him each week. Having traded through the Great Financial Crisis and being featured in "The Big Short" is only part of the experiences Danny wants to share with the listener. This weekly podcast cuts through market noise, offering entertaining and informative discussions with expert guests giving their views of the financial world and the human side of it. Whether you're a seasoned investor or just getting started, On The Tape provides something for all listeners.Follow Danny on X: @dmoses34The financial opinions expressed are for information purposes only. The opinions expressed by the hosts and participants are not an attempt to influence specific trading behavior, investments, or strategies. Past performance does not necessarily predict future outcomes. No specific results or profits are assured when relying on this content.Before making any investment or trade, evaluate its suitability for your circumstances and consider consulting your own financial or investment advisor. The financial products discussed in 'On The Tape' carry a high level of risk and may not be appropriate for many investors. If you have uncertainties, it's advisable to seek professional advice. Remember that trading involves a risk to your capital, so only invest money that you can afford to lose.Derivatives are not suitable for all investors and involve the risk of losing more than the amount originally deposited and any profit you might have made. This communication is not a recommendation or offer to buy, sell or retain any specific investment or service. Hosted on Acast. See acast.com/privacy for more information.

Kia ora,Welcome to Thursday's Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.I'm David Chaston and this is the international edition from Interest.co.nz.And today we lead with news that with the Indian subcontinent on the edge of armed conflict and tit-for-tat terrorist moves and retaliation, the world's economy is ignoring these new risks.First up today, the US House of Representatives is set to vote to end their latest and record-long shutdown, and by the time you read this, have probably approved the compromise. This has seen Wall Street react with a split personality. The Dow Jones Industrial Average has risen to a new record high. But the broader S&P500 is becalmed, and the Nasdaq is lower. The bond market is more risk-averse. The USD is weakening. Just guessing here, but it seems markets think the shutdown pain was a wasted exercise and the result will be negative for the giant US economy. Rebooting their economy won't be easy.Meanwhile, US mortgage applications were little-changed last week, with the refinance market dipping slightly and the smaller new purchase market rising, actually with a notable increase. This came despite mortgage rates rising in the week.And more Americans than ever are falling behind on their car payments. According to Fitch Ratings, the share of subprime borrowers at least 60 days past due on their car loans rose to 6.65% in October, the highest in data tracking that started in 1994. And selling a used car to pay off the debt won't help. Record numbers of people doing that still owe loan balances after these sales.A well-supported US Treasury 10yr bond auction today brought a median yield of 4.02%, down from 4.06% at the prior equivalent event a month ago.In Canada, there were more positive economic signals. Building consents rose in September from August more than expected, led by multi-family projects in Alberta and Quebec and single-family homes in Ontario. But overall, they were still -8% lower than year-ago levels.In Japan, machine tool orders rose in October by more than +17% from the same month in 2024, driven by a +21% rise in export orders. They would have been happy about the +6% rise in orders from local manufacturers too.In China, residential real estate developers are under pressure to generate cash - again. Meeting year-end sales targets is crucial to hold on to their finance lifelines. So there are not only steep discounts on offer, but other creative incentives, such as "move in, buy later". One Guangzhou developer as a scheme where buyers front with a ¥100,000 deposit (NZ$25,000), move in for one month, and if they are not happy can move out with the only cost being one month's rent.In Malaysia, they have a buoyant retail sector with retail sales rising +7% in September from a year ago, accelerating from the +5% gain in the previous month. It was up +4.3% in volume terms and was their largest increase since January.In India, CPI inflation there has fallen to a record low +0.3% pa, down from +1.4% in September. Driving this is -5% deflation for food. In turn, that was caused by very good food growing conditions and heavy haervests.The RBI has an inflation target range of 2%-6% and this was the third consecutive month it has been below the bottom of that target. They will likely now move to cut their 5.5% policy rate soon, maybe at their next meeting on December 5, 2025.In Australia, the value of new owner-occupier home loan commitments rose +9.8% in September from a year ago. Investment lending for housing soared +18.7% on the same basis to a record high. The housing surge is in full flight of unbridled enthusiasm.The UST 10yr yield is now at 4.06%, down -1 bp from yesterday at this time.The price of gold will start today at US$4190/oz, up another +US$77 from this time yesterday.American oil prices have dropped hard by -US$2.50 higher from yesterday to just on US$58.50/bbl, with the international Brent price just over US$62.50/bbl.The Kiwi dollar is now at just on 56.6 USc, and little-changed from yesterday. Against the Aussie we have dipped -10 bps to 86.6 AUc. Against the euro we are unchanged at 48.8 euro cents. That all means our TWI-5 starts today at just under 61.2 and up +10 bps from yesterday.The bitcoin price starts today at US$101,589 and down another -1.9% from yesterday. Volatility over the past 24 hours has been modest at just on +/- 1.8%.You can get more news affecting the economy in New Zealand from interest.co.nz.Kia ora. I'm David Chaston. And we will do this again tomorrow.

Watch The X22 Report On Video No videos found (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:17532056201798502,size:[0, 0],id:"ld-9437-3289"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs");pt> Click On Picture To See Larger Picture Fed Miran is pushing for another rate cut. Secretary Burgum says lower energy prices means lower prices. This is how Trump battling the [CB] inflation machine. Elon explains debt slavery. Trump is building the golden age and bringing us back to sound money and the constitution.  The FBI/DOJ are handling multiple investigations behind the scenes. They just release the Clinton Corruption Files. These files show how the Clinton's accepted money from foreign groups in a pay to play scheme. It has begun the people will begin to learn who has been treasonous to this country. Trump is in the process of constructing a new America. The [DS] tried to destroy it and now Trump is building a new one.   Economy (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:18510697282300316,size:[0, 0],id:"ld-8599-9832"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Fed's Miran Pushes Another Rate Cut. A Smaller Move Could Be Enough.  Federal Reserve governor Stephen Miran said Monday he could support a quarter percentage-point rate cut at the Fed's December meeting, even though he continues to see a stronger case for a half-point move. Source: barrons.com https://twitter.com/RapidResponse47/status/1987969323508363295?s=20 https://twitter.com/drawandstrike/status/1988263397012500691?s=20   laundering. They showed it to you and then they shut it down. NGOs the world over getting unverified, often untraceable, no-questions-asked disbursements from the US Treasury. To the tune of hundreds of billions a year. This was ON TOP OF the billions they were sending to Ukraine and about 60 other countries as 'foreign aid'. They extract a massive amount of wealth from the American public yearly. Around $2 trillion, I think. Then, they used the US Treasury payment system to disburse over 100 billion/year to their NGOs around the world to launder that money to themselves. This was probably one of the BIGGEST revenue streams they had. And it was the first one Trump and the DOGE boys cut earlier this year. When this was happening, you had the lawmakers in Congress and former presidential administration officials SCREAMING at Trump and Bessent to turn the USAID and other NGO disbursements back on. You don't hear much of their whining anymore. They know it's not going to happen. Trump got the US federal government to a surplus in 2 of the past 10 months. I guarantee you NONE of the rat bastards who's carefully constructed taxation-and-theft system he's destroying saw this coming a year ago. And that's a beautiful thing.  https://twitter.com/EricLDaugh/status/1988243440685977644?s=20   was caused by the big deficit spending." "So as you bring down deficit spending, inflation will come down. Right now, we've taken substantial tariff income over time that will rebalance as the factories move to the U.S. and that will become the corporate income or wage income - and by bringing down the budget deficit, we are bringing down inflation!" Scott is setting the record straight   https://twitter.com/NewsTreason/status/1988113088449487254?s=20 terms of investment, from the tariffs." Notice he didn't say “stimulus” he said “dividend”….  DIVIDEND: A dividend is a payment made by a corporation to its shareholders, usually in the form of cash or additional shares of stock.

Crypto News: Scott Bessent says the US Treasury and IRS approve staking in crypto ETFs. The Senate Agriculture committee has released its long-awaited bipartisan crypto market structure discussion draft.Brought to you by

Tariffs imposed under the International Emergency and Economic Powers Act (IEEPA) account for about 9.5pp of our estimated 14.7pp effective tariff rate after the reduction in fentanyl tariffs on China. Therefore, the Supreme Court's decision could have important implications for activity, inflation, deficits, debt, interest rates, and the dollar. We discuss risks and scenarios after the oral hearings. As expected US Treasury maintained nominal coupon sizes unchanged but also did not guide towards higher bill share. Instead guidance suggests appetite to grow coupon supply in 2027. We discuss scenarios and implications for the US rate and spread curve.   You may also enjoy listening to the Merrill Perspectives podcast, featuring conversations on the big stories, news and trends affecting your everyday financial life.   "Bank of America" and “BofA Securities” are the marketing names for the global banking businesses and global markets businesses (which includes BofA Global Research) of Bank of America Corporation. Lending, derivatives, and other commercial banking activities are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N.A., Member FDIC. Securities, trading, research, strategic advisory, and other investment banking and markets activities are performed globally by affiliates of Bank of America Corporation, including, in the United States, BofA Securities, Inc. a registered broker-dealer and Member of FINRA and SIPC, and, in other jurisdictions, by locally registered entities. ©2025 Bank of America Corporation. All rights reserved.

Kia ora,Welcome to Tuesday's Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.I'm David Chaston and this is the international edition from Interest.co.nz.And today we lead with news the US is moving to end its government shutdown.First, Wall Street has started its week positively with the S&P 500 rising, the Nasdaq rising even more, and the Dow Jones gaining over 240 points as optimism grew that the US Federal government shutdown could soon end. In a procedural vote yesterday, the Senate advanced the first stage of a deal to reopen the government, securing the minimum 60 votes required. Eight Democratic senators broke with party leadership, dropping their key demand for a guaranteed extension of healthcare subsidies. The proposal must still be debated and passed by the Senate and approved by the Republican-controlled House of Representatives, where its passage remains quite uncertain. There was a three year US Treasury bond auction earlier today and that delivered a median yield of 3.54%, essentially unchanged from the 3.53% at the prior equivalent event a month ago.In Canada, their market participants survey showed that trade tensions with the US are the key issue driving financial market. Despite that, those surveyed reckoned 2025 will deliver a +1% economic expansion this year and more next year.In Indonesia, there was a good bounce back in consumer sentiment in October after five months of angst. The affordability crisis that played out on some streets seems to have faded somewhat.The UST 10yr yield is now at 4.11%, up +2 bps from yesterday at this time. The price of gold will start today at US$4092/oz, up +US$92 from this time yesterday and a +2.3% gain on bets the Fed will cut its rates after weak US data. Silver surged +3% to US$50/oz, its highest level since October 20. Precious metals pricing indicates some market participants aren't impressed by the US shutdown progress.American oil prices are down -50 USc from yesterday at just on US$59.50/bbl, with the international Brent price unchanged at US$63.50/bbl. Fundamentally low expected demand is keeping this price low. It is holding at 4 year lows and at levels first seen in 2017.The Kiwi dollar is now at just on 56.3 USc, and unchanged from yesterday. Against the Aussie we are -10 bps lower at 86.4 AUc and a new 12 year low. Against the euro we are up +10 bps at 48.8 euro cents. That all means our TWI-5 starts today at just under 60.9 and up +10 bps from yesterday.The bitcoin price starts today at US$105,120 and up +1.4% from yesterday. Volatility over the past 24 hours has been modest at just on +/- 1.5%.You can get more news affecting the economy in New Zealand from interest.co.nz.Kia ora. I'm David Chaston. And we will do this again tomorrow.

Crypto News: Ray Dalio warns Fed is stimulating the economy into a bubble and assets like crypto will pump. Banks lobby US Treasury for blanket stablecoin yield ban, Coinbase pushes back. Brought you by

Outplacement firm Challenger reported over 150,000 job cuts in October – the highest for the month of October in more than 20 years. US Treasury yields fell sharply, raising expectations of a December Fed rate cut, although some officials remain cautious. AI-related stocks dragged markets lower, but the selling was selective. In Europe, German industrial output beat forecasts but remains weak; while the Euro Stoxx 50 fell on disappointing earnings. In Asia, China's exports unexpectedly declined for the first time in eight months. Richard Tang, Head of Research in Hong Kong, discusses the lack of short-term catalysts for China's equity markets and our outlook on the AI investment theme, which is key to markets in Japan, South Korea, and Taiwan.(00:00) - Introduction: Helen Freer, Investment Writing (00:31) - Markets wrap-up: Mike Rauber, Product & Investment Content (07:19) - Asia update – Japan, Korea and China: Richard Tang, Head of Research Hong Kong (13:50) - Closing remarks: Helen Freer, Investment Writing Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or wherever you get your podcasts.

Hello and welcome to episode 199 of the Financial Crime Weekly Podcast. I am Chris Kirkbride. This episode covers the UK government consolidating sanctions into the UK Sanctions List by January 2026, new guidance for the freight sector on Russian sanctions, and a centralised enforcement page. It also covers US Treasury sanctions against a North Korean cybercrime network, Chelsea FC's £150 million penalty buffer, a major intra-EU VAT fraud scheme ("Goliath"), and a €600 million cryptocurrency laundering ring. The SRA's 2024/25 AML report highlights increased legal sector enforcement and ongoing compliance gaps, and Napier's new AI tool to fight money laundering and Russian exploitation.A transcript of this podcast, with links to the stories, will be available at www.crimes.financial.

Hello and welcome to episode 198 of the Financial Crime Weekly Podcast. I am Chris Kirkbride. In this episode, the UK has lifted its arms embargo on Armenia and Azerbaijan, shifting to Strategic Export Licensing Criteria. The US Treasury has sanctioned the Bhardwaj Human Smuggling Organisation, and OFSI designated Aliakbar Ansari for supporting hostile activity under the Iran sanctions. The FCA secured its first Data Protection Act conviction against a former Virgin Media O2 employee involved in a crypto scam. Also featured are global anti-financial crime efforts, such as EBA guidance shaping the future EU AMLA and an OSCE workshop in Uzbekistan focused on virtual asset money laundering. The episode concludes with a summary of the 2025 cyberattack on Marks & Spencer and its impact on competitor profits.A transcript of this podcast, with links to the stories, will be available at www.crimes.financial.

Argentina's Economic Challenge: The Overvalued Peso Guest: Mary Anastasia O'Grady Mary Anastasia O'Grady discusses Argentine President Javier Milei's surprising electoral success but highlights the overvalued peso as his most significant challenge. The peso's artificial strength is maintained by US Treasury support through a $20 billion swap line and direct intervention, preventing investors from entering the market. O'Grady argues that Milei must allow the peso to float and eventually dollarize the economy, urging him to "rip the band-aid off" and accept the resulting short-term inflation. 1930 ARGENTINA

US Treasury secretary Scott Bessent has one of the hardest jobs in recent history. He has to implement bizarre economic strategies and keep rational market players calm. Today on the show, Rob Armstrong and Katie Martin discuss Bessent's balancing act. Also they go long depreciation expense and short predictions about gold. For a free 30-day trial to the Unhedged newsletter go to: https://www.ft.com/unhedgedoffer.You can email Robert Armstrong and Katie Martin at unhedged@ft.com.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Crypto News: Bitcoin pumps past $115,000 as US Treasury chief Bessent says 'substantial' trade framework with China reached. XRP Ledger Validator Sees NFT-to-NFT Trading Potential in Proposed 'Batch' Amendment. Solana's Marinade Labs CEO Eyes Lower Barrier to Entry for Validators After 'Alpenglow' Upgrade.Brought to you by

US Attorney Lindsey Halligan takes a break from prosecuting Jim Comey for leaking to reporters to … leak to reporters. Jim Comey noticed, and so did New York Attorney General Tish James. The Ninth Circuit blesses Trump's invasion of Los Angeles. There is gambling in basketball. We are shocked, SHOCKED! And Trump demands $230 million from US Treasury.   Links:   O'Hara v. Beck (Star Wars Music) https://storage.courtlistener.com/recap/gov.uscourts.dcd.286143   “Anna, Lindsey Halligan Here.” https://www.lawfaremedia.org/article/anna--lindsey-halligan-here   US v. Ramirez (Challenge to appointment of US Atty Bill Essayli) https://www.courtlistener.com/docket/71166841/united-states-v-ramirez/?order_by=desc   US v. Tish James https://www.courtlistener.com/docket/71601419/united-states-v-james/?order_by=desc   US v. James Comey https://www.courtlistener.com/docket/71459121/united-states-v-comey/   US v. Aiello (NBA indictment 1 - poker cheating) [docket via CourtListener] https://storage.courtlistener.com/recap/gov.uscourts.nyed.537409/gov.uscourts.nyed.537409.1.0_2.pdf   US v. Earnest (NBA indictment 2 - basketball cheating) [indictment via New York Times] https://www.nytimes.com/interactive/2025/10/23/nyregion/nba-betting-scheme-indictment.html?unlocked_article_code=1.vk8.BGFB.maF0MnGV9jLM&smid=url-share   Show Links: https://www.lawandchaospod.com/ BlueSky: @LawAndChaosPod Threads: @LawAndChaosPod Twitter: @LawAndChaosPod  

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Out of the darkness of a shuttered US government comes a rare data release – and it's a CPI report that's given markets some relief as the week draws to a close. But does September's inflation data really clear the way for Fed rate cuts in December as well as October, as investors now expect?In this week's episode of The Weekly Briefing from Capital Economics, Group Chief Economist Neil Shearing explains why the Fed is likely to stay cautious, previews key upcoming central bank meetings, and looks ahead to next week's much-anticipated Donald Trump-Xi Jinping summit in South Korea.Also on the show, the US Treasury's new sanctions on Russia's two biggest oil exporters have brought a key risk to our below-consensus oil price forecasts to the fore. Chief Climate and Commodities Economist David Oxley discusses how much this move could shake up the outlook – and whether Trump will actually follow through with full enforcement.Analysis and events referenced in this episode:Read: China ramping up use of export controlsDrop-In: Argentina's mid-term elections – A referendum on Milei's reformsDrop-In: The Fed, ECB and Bank of England – Latest decisions and policy outlook

It won't be easy, and you'll think it's strange, when we try to explain … why US Treasury secretary Scott Bessent is suddenly reversing all current US policy and proposing to send billions of dollars to Argentina. Today on the show, Katie Martin, Rob Armstrong and the FT's Latin America editor Michael Stott discuss Javier Milei's cry for help. Also they go long renaissance composer Palestrina and professional wrestling. For a free 30-day trial to the Unhedged newsletter go to: https://www.ft.com/unhedgedoffer.You can email Robert Armstrong and Katie Martin at unhedged@ft.com.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

European and US equity markets were mixed yesterday, with gains from strong earnings offset by declines in mining stocks. French shares reached record highs despite political uncertainty. The Dow Jones Industrial Average hit a new peak following robust earnings. US Treasury yields fell on weak data; gold and silver saw steep declines; the USD strengthened, and the Swiss franc approached record highs amid resilient exports. India and the US are reportedly negotiating a trade deal involving lower tariffs and reduced Russian oil imports. Carsten Menke, Head of Next Generation Research, provides his timely take on one of the sharpest declines in precious metals in years.(00:00) - Introduction: Bernadette Anderko, Product & Investment Content (00:21) - Markets wrap-up: Mike Rauber, Product & Investment Content (07:04) - Gold update: Carsten Menke, Head of Next Generation Research (10:38) - Closing remarks: Bernadette Anderko, Product & Investment Content Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or wherever you get your podcasts.

US stocks opened higher yesterday, but then reversed course. Small caps underperformed, and market volatility rose amid credit concerns at regional banks. In Europe, Swiss and French equity markets outperformed, supported by positive corporate news and France temporarily avoiding a political crisis. Gold extended its record-breaking rally. The yield on the 10-year US Treasury fell below a key threshold, reflecting weak economic data and dovish comments from Federal Reserve Governor Christopher Waller. Mathieu Racheter, Head of Equity Strategy, shares his insights on bank earnings and talks about US vs European banks. Tim Gagie, Head of FX & PM Solutions in Geneva, discusses key considerations amid the rally in precious metals and the recent pullback in the US dollar.(00:00) - Introduction: Lucija Caculovic, Product & Investment Content (00:34) - Markets wrap-up: Mike Rauber, Product & Investment Content (06:42) - Earnings season: Mathieu Racheter, Head of Equity Strategy Research (09:25) - Currencies and metals: Tim Gagie, Head of FX/PM PB Geneva (13:46) - Closing remarks: Lucija Caculovic, Product & Investment Content Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or wherever you get your podcasts.

This week we talk about trade wars, TACO theory, and Chinese imports.We also discuss negotiation, protectionism, and threat spirals.Recommended Book: More Than Words by John WarnerTranscriptIn January of 2018, then first-term US President Trump announced a slew of tariffs and trade barriers against several countries, including Canada, Mexico, and those in the European Union.The most significant of these new barriers and tariffs were enacted against China, though, as Trump had long claimed that China, the US's most important trade partner by many measures, was taking advantage of the US market; a claim that economists tepidly backed, as while some of the specifics, like those related to intellectual property theft on the part of China, were pretty overt, the Chinese government fairly brazenly gobbling up IP and technology from US companies that do business in the country before hobbling those US interests in China and handing that IP and technology off to their own, China-born copies, claims about a trade deficit were less clear-cut—most of those sorts of claims seemed to be the result of a misunderstanding about how international trade works.That said, Trump had made a protectionist stance part of his platform, so he kicked off his administration by imposing a package of targeted tariffs against specific product categories from China, including things like solar panels and washing machines. Those were followed by more tariffs on steel and aluminum—from a lot of countries, not just China—and this implementation of trade barriers between the US and long-time trade partners, which had mostly enjoyed barrier-free trade up till that point, kicked off a trade war, with the Trump administration announcing, out of nowhere, new tariffs or limitations, and the country on the pointy end of that new declaration announcing their own counter, usually something the US sells to their country, while in the background, both countries tried to negotiate new trade terms on the down-low.There was a lot of tit-for-tatting in those first couple years of the first Trump administration, and they led to a lot of negotiations between the US government and these foreign governments, which in turn led to the lifting of many such barriers, though the weaponization of barriers continued, with the administration, for instance, announcing a tariff on all imports from Mexico until the Mexican government was able to halt all illegal immigration coming into the US; negotiation ended that threat, too, but this early salvo upset a lot of the US's long-time allies, while also making it clear that Trump intended to open negotiations with these sorts of threats, whenever possible—which had the knock-on effect of everyone taking the threats pretty seriously, as they were often incredibly dangerous to specific industries, while also taking them less seriously because it was obvious they were intended to be a negotiating tactic.When Trump left office, a bunch of international relationships had been scarred by this approach to trade deals, and when Biden replaced him, he dropped most of the new tariffs against long-time allies, but kept most of the China tariffs in place, especially those related to green technologies like electric vehicles and semiconductors, the local-made versions of which were becoming a big focus for the Biden administration. The administration then went on to expand upon those tariffs, against China, in some cases.What I'd like to talk about today is how this approach to trade protectionism and negotiation has ballooned under the second Trump administration, and what a new threat against China by Trump might mean for how the relationship between these two countries evolves, moving forward.—Trump's second administration opened with an executive order that declared a national emergency, claiming that the Chinese were trafficking drugs, especially synthetic opioids like fentanyl, into the US, and that this allowed criminals to profit from destroying the lives of US citizens.This declaration allowed him to unleash a flurry of tariffs against China, first imposing 10% on all Chinese imports, then increasing that to 20% in March of 2025.China retaliated, imposing tariffs of 15% on mostly US energy products, like coal and natural gas, and on some types of agricultural machines, while also engaging in some legal pressure against US companies, like Google. They followed this up with tariffs against meat and dairy products, and suspended US lumber import rights, and disallowed three US firms from selling soybeans to China.The US reciprocated, and China reciprocated back. There was a period of spiraling broad tariffs and import bans in the mid-2025 between the US and China, which led to an aggregate baseline tariff on Chinese imports of 104%, which was followed with an aggregate Chinese baseline tariff against US goods of 84%. The US then upped theirs to 145%, and China raised theirs to 125%.Again, vital to understanding this spiral is that the Trump administration made pretty clear that they were doing this mostly as a negotiating tactic. There were claims that they could solve the US deficit by raising tariffs so high that the funds from those tariffs would pay off the country's debt, but that's generally not considered to be realistic. Instead, the consensus view is that Trump likes to play negotiating hardball, likes to step into negotiations with the upper-hand, being able to say, give me what I want and I'll reduce the pain you're experiencing, basically, and this play against China was another attempt to make that kind of advantage stick.China, for its part, seemed like it was done with the posturing at that point, though: it announced, after its retaliatory tariffs reached 125%, that it would simply ignore all further increases on the US government's side, because the whole thing is just kind of a joke and it's beneath them to keep playing this game.Not long after that, Trump announced that the tariffs against China would come down substantially, but not to zero; Trump said this was decided after discussions with China, and Chinese officials said they hadn't been in contact with the Trump administration about any of this—which is something that seems to happen quite a bit with the Trump administration.During this period of spiraling trade barriers, China was able to establish better and more open trade agreements with other nations in Southeast Asia, including South Korea and Japan. China also reduced it US Treasury holdings, reducing its exposure to the US economy at a moment in which the US government was betting big on policy that many economists considered to be ham-handed at best, completely nonsensical, delusional, and harmful at worst.During that spiral, before things cooled off, China also began applying protections on locally sourced and refined rare earths, which are a category of mineral that are vital for modern electronics and things like solar panels, batteries, semiconductors, and electric vehicles.China makes and owns the rights to the vast majority of the current global supply of these materials, mining about 70% of them and controlling about 90% of global processing. And cutting them off, or even truncating their flow, is considered to be a huge strategic threat. The US has been slowly investing in alternative supplies for such things, but many of them are difficult or expensive to produce in the proper volume, and it'll likely be a decade or more before those alternative sources can be properly exploited, replacing the volume currently imported from China.Back in June, China granted permits to US businesses that would be allowed to import rare earths, but that supply remained tenuous—a bit of a counter to Trump's ongoing tariff threats that could seemingly arise out of nowhere, messing up everyone's plans. The Chinese seemed to want to leverage this supply in the same way, and keeping things limited while issuing a few permits meant the flow could kind of continue, but could also be slowed or cut off, again, at a moment's notice.In early October, the Chinese government announced new curbs on the export of rare earths and related technologies, just three weeks before a scheduled meeting between Trump and Chinese leader Xi Jinping. These new curbs further limited what could be imported to the US, even if there were intermediary nations involved, and also tightened their grip on anything related to mining, smelting, recycling, and producing products, like powerful magnets, from such materials.It's worth mentioning here, too, that these sorts of materials are increasingly vital for the production of high-tech military goods. If the US were to lose access to sufficient volumes of them, the US military would have a very hard time making missiles, replacing satellite components, building tanks and drones—it would give China a significant advantage, probably for years, in terms of upgrading and maintaining their military hardware.Despite that, and despite the US government's claims that it intended to replace Chinese sources of these materials, theoretically limiting Chinese leverage in these upcoming talks, progress in that department has been minimal, so far; about a billion dollars worth of investment in rare earths supply chains were announced over the past year or so, but further investment is considered to be unlikely in the near-future, and it'll be a while before these investments will pay off, if they ever do.Shortly after that announcement by the Chinese, President Trump threatened to enforce a new 100% tariff on Chinese imports, beginning on November 1, or potentially even sooner, raising tariff levels to just shy of what they were back in April of 2025, at the peak of the US-China trade protectionism threat-spiral.He also said he didn't see any reason to meet with Xi if they were going to limit rare earths in this way, but later clarified that the meeting hadn't been cancelled, and said that he set the implementation date for that new threatened tariff rate to Nov 1 because that would give the Chinese the opportunity to back down on their new trade barriers before they chatted.Global markets, which are sometimes a good barometer for how informed folks think these sorts of negotiations will play out, have been relatively calm about all this, though there have been some significant tumbles in the US market, including a recent drop of about 2.7% for the S&P 500, marking the worst day for the US market since April, back when the tariff threats last reached this kind of peak.One stance that's become popular in trading circles over the past year is the so-called TACO theory, which stands for Trump Always Chickens Out; the idea being that Trump is never really serious about any of these threats, he just likes to talk a big game and then hopes the other side will feel threatened enough to give him what he wants during negotiations—but if they don't, he steps back from all his big talk and quietly gives in to the other side, especially if they have leverage.Some analysts are assuming that's what's happening now, as evidenced by Trump's own statements about giving China the chance to deescalate—giving them specific instructions for how to let things calm down, rather than making these threats and suggesting they're permanent, or not giving the other side any rationale for why it's happening.There's a chance, though, that there's some truth to the opposing theory that this is part of a larger plan by the Trump administration to create a new trade war that's meant to dominate headlines and concerns for a while, maybe as far into the future as next year's elections, all of which is meant to conceal other efforts by the administration, like the military occupancy of American cities and the administration's vehement objection to releasing the so-called Epstein files, which allegedly contain many references to Trump and other powerful people within his administration, which in turn would further connect him to a renowned pedophile.The Republican-controlled congress has made a massive effort to keep those files from being released, and Trump has become well-known for saying and doing headline-grabbing things whenever something inconvenient for him starts bubbling up in the news.So while there's a chance this back-and-forth will end just before those upcoming trade talks, both sides taking their fingers off the trigger, as it were, in order to make a deal, there's also a chance elements of this will be spun into a larger narrative, a war of sorts meant to dominate headlines and conceal other things that the administration would prefer to keep off the front page.Show Noteshttps://apnews.com/article/rare-earths-china-united-states-trade-supply-chain-de92222cda02dc85064c697911c6dea7https://apnews.com/article/tariffs-timeline-trade-war-trump-canada-mexico-china-a9d714eea677488ef9397547d838dbd0https://www.scmp.com/economy/china-economy/article/3318694/china-cuts-us-treasury-holdings-third-month-amid-trade-war-debt-ceiling-fearshttps://apnews.com/article/china-us-trump-tariff-threat-trade-talks-cc4bd30c3b1bcf2eb2676bc0e66efba0https://apnews.com/article/trump-inflation-federal-reserve-powell-88358f4955fd86ef3c86f5e8e089e775https://apnews.com/article/trump-xi-tariffs-china-ai-642b042b1ebe1d1930eb93bf51943e3fhttps://apnews.com/article/trump-xi-china-cc47e258cfc6336dfddcc20fa67a3642https://apnews.com/article/china-earths-exports-trump-dad99d532f858f04d750d0b8c50e5ed6https://time.com/7292207/us-china-trade-war-trump-tariffs-timeline/https://en.wikipedia.org/wiki/China%E2%80%93United_States_trade_warhttps://en.wikipedia.org/wiki/Tariffs_in_the_first_Trump_administrationhttps://www.piie.com/research/piie-charts/2019/us-china-trade-war-tariffs-date-charthttps://www.wsj.com/economy/trade/trumps-fresh-tariff-assault-threatens-chinas-fragile-economy-d0b3a00dhttps://www.bbc.com/news/articles/cn828kg8rmzo This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit letsknowthings.substack.com/subscribe

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The Israeli government approved the US-brokered deal for a ceasefire and hostage release in Gaza, the US Treasury has intervened in Argentina's currency market, and Danish offshore wind developer Ørsted plans to cut about a quarter of its workforce. Plus, the FT's Katie Martin explains why the good vibes in the markets are really just investors running on fumes. Mentioned in this podcast:Israeli government approves Gaza ceasefire deal and hostage releaseØrsted to cut quarter of workforce after US setbacksUS Treasury intervenes in Argentina's currency marketBrace for a market melt-upToday's FT News Briefing was produced by Josh Gabert-Doyon, Sonja Hutson, and Marc Filippino. Our show was mixed by Kent Militzer. Additional help from Michael Lello and David da Silva. The FT's acting co-head of audio is Topher Forhecz. The show's theme music is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

After a strong rally, US and European markets paused, with major indices closing lower amid a more cautious mood. In Europe, Ferrari's downward revision to guidance and HSBC's restructuring in Hong Kong weighed on sentiment, even as Germany's DAX reached a fresh intra-day high. Geopolitical developments dominated headlines, with Israel and Hamas agreeing to a ceasefire. Gold and oil prices retreated on the news. Meanwhile, silver surged past USD 50 an ounce for the first time ever yesterday. China's expanded restrictions on rare earth exports triggered a rally in US mining stocks, underscoring strategic tensions in global tech supply chains. In fixed income, US Treasury yields edged slightly higher amid ongoing uncertainty around a potential government shutdown, and Fed Governor Barr cautioned against premature rate cuts. In Asia, South Korea's Kospi outperformed, buoyed by strong performances from AI-driven chipmakers. Joining us today is Tim Gagie, Head of FX & PM Solutions in Geneva, who shares insights on precious metals, the US dollar, and the Japanese yen.(00:00) - Introduction: Bernadette Anderko, Product & Investment Content (00:27) - Markets wrap-up: Lucija Caculovic, Product & Investment Content (06:20) - FX and metals markets: Tim Gagie, Head of FX Advisory Geneva (10:00) - Closing remarks: Bernadette Anderko, Product & Investment Content Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or wherever you get your podcasts.

HEADLINE: Latin American Political Volatility and US Engagement GUEST NAME: Evan Ellis SUMMARY: John Batchelor speaks with Evan Ellis about political instability across Latin America. In Argentina, peso volatility reflects investor doubts about President Milei's survival following election losses and corruption scandals. Despite strong economic fundamentals (poverty reduced to 32%, 3% growth), the US Treasury provided unprecedented support with a $20 billion swap agreement. In Venezuela, Maduro's illegitimate regime lost overwhelmingly to Edmundo Gonzalez in July 2024. The US deployed eight ships and considers limited strikes against the "Cartel de los Soles" leadership. Brazil's Lula might offer Maduro asylum to resolve the crisis while opposing US pressure. Colombia faces chaos under President Petro, whose failed "total peace" policies increased violence. After Petro urged US soldiers to disobey orders, America pulled his diplomatic visa, damaging security cooperation. Mexico's President Sheinbaum enjoys 78% popularity and achieved a 20% homicide reduction. The critical priority remains USMCA renegotiation, preventing Chinese companies from using Mexico as a US market pass-through. 1913 ARGENTINA

HEADLINE: Latin American Political Volatility and US Engagement GUEST NAME: Evan Ellis SUMMARY: John Batchelor speaks with Evan Ellis about political instability across Latin America. In Argentina, peso volatility reflects investor doubts about President Milei's survival following election losses and corruption scandals. Despite strong economic fundamentals (poverty reduced to 32%, 3% growth), the US Treasury provided unprecedented support with a $20 billion swap agreement. In Venezuela, Maduro's illegitimate regime lost overwhelmingly to Edmundo Gonzalez in July 2024. The US deployed eight ships and considers limited strikes against the "Cartel de los Soles" leadership. Brazil's Lula might offer Maduro asylum to resolve the crisis while opposing US pressure. Colombia faces chaos under President Petro, whose failed "total peace" policies increased violence. After Petro urged US soldiers to disobey orders, America pulled his diplomatic visa, damaging security cooperation. Mexico's President Sheinbaum enjoys 78% popularity and achieved a 20% homicide reduction. The critical priority remains USMCA renegotiation, preventing Chinese companies from using Mexico as a US market pass-through. 1930 BOLIVAR IN CARACAS

HEADLINE: Latin American Political Volatility and US Engagement GUEST NAME: Evan Ellis SUMMARY: John Batchelor speaks with Evan Ellis about political instability across Latin America. In Argentina, peso volatility reflects investor doubts about President Milei's survival following election losses and corruption scandals. Despite strong economic fundamentals (poverty reduced to 32%, 3% growth), the US Treasury provided unprecedented support with a $20 billion swap agreement. In Venezuela, Maduro's illegitimate regime lost overwhelmingly to Edmundo Gonzalez in July 2024. The US deployed eight ships and considers limited strikes against the "Cartel de los Soles" leadership. Brazil's Lula might offer Maduro asylum to resolve the crisis while opposing US pressure. Colombia faces chaos under President Petro, whose failed "total peace" policies increased violence. After Petro urged US soldiers to disobey orders, America pulled his diplomatic visa, damaging security cooperation. Mexico's President Sheinbaum enjoys 78% popularity and achieved a 20% homicide reduction. The critical priority remains USMCA renegotiation, preventing Chinese companies from using Mexico as a US market pass-through. 1907 BOGOTA

HEADLINE: Latin American Political Volatility and US Engagement GUEST NAME: Evan Ellis SUMMARY: John Batchelor speaks with Evan Ellis about political instability across Latin America. In Argentina, peso volatility reflects investor doubts about President Milei's survival following election losses and corruption scandals. Despite strong economic fundamentals (poverty reduced to 32%, 3% growth), the US Treasury provided unprecedented support with a $20 billion swap agreement. In Venezuela, Maduro's illegitimate regime lost overwhelmingly to Edmundo Gonzalez in July 2024. The US deployed eight ships and considers limited strikes against the "Cartel de los Soles" leadership. Brazil's Lula might offer Maduro asylum to resolve the crisis while opposing US pressure. Colombia faces chaos under President Petro, whose failed "total peace" policies increased violence. After Petro urged US soldiers to disobey orders, America pulled his diplomatic visa, damaging security cooperation. Mexico's President Sheinbaum enjoys 78% popularity and achieved a 20% homicide reduction. The critical priority remains USMCA renegotiation, preventing Chinese companies from using Mexico as a US market pass-through. 1913 MEXICO CITY

In this week's Live from the Vault, Andrew Maguire unpacks how Beijing's physical gold buying and the Shanghai Gold Exchange's Basel III-compliant vaults are forcing a US Treasury gold price revaluation.The precious metals expert explains how silver's critical mineral status and limited global supply are fuelling physical stockpiling, pushing the market higher and reinforcing individual investors' move from cash into physical metals.Timestamps00:00 Start02:54: Lawrence asks: Will the Fed bail out or revalue gold?04:16 Fed remains short; China's physical demand drives gold higher13:01 Western paper markets struggle as Chinese bullion demand surges23:18 Rising physical demand forces market to reprice gold and silver32:26 Silver breakout driven by physical demand, underpriced versus currencies Send your questions to Andy here: https://www.speakpipe.com/LFTVSign up for Kinesis on desktop:https://kinesis.money/kinesis-precious-metals/?utm_source=youtube&utm_medium=video&utm_campaign=lftv_241Download the Kinesis Mobile app - available App Store and Google Play:Apple: https://kms.kinesis.money/signupGoogle: https://play.google.com/store/apps/details?id=com.kinesis.kinesisappAlso, don't forget to check out our social channels where you can stay up to date with all the latest news and developments from the team.X: https://twitter.com/KinesisMonetaryFacebook: https://www.facebook.com/kinesismoney/Instagram: https://www.instagram.com/kinesismoney/Telegram: https://t.me/kinesismoneyTikTok: https://www.tiktok.com/@kinesismoneyThe opinions expressed in this video by Andrew Maguire and any guest are solely their own and do not reflect the official policy, position, or views of Kinesis. The information provided is for general informational purposes only and does not constitute investment advice, financial advice, or any other type of professional advice.Viewers are encouraged to seek independent financial advice tailored to their individual circumstances before making any decisions related to the gold market or other investments. Kinesis does not accept any responsibility or liability for actions taken based on the content of this video.

Woke up very early...new Senate candidate?...man arrested for trespassing on US Treasury grounds...NJ air base on lockdown...Trump speaking at White House.See omnystudio.com/listener for privacy information.

Watch The X22 Report On Video No videos found (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:17532056201798502,size:[0, 0],id:"ld-9437-3289"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs");pt> Click On Picture To See Larger Picture Trump is now moving forward with additional tariffs, the other tariffs have proven not to cause inflation like the Fed had said and now Trump is free to move with additional tariffs. Switzerland wants to help with gold refining to help with their tariffs. Gold could be revalued and this will change everything. The [DS] believe they have trapped Trump in a Gov shutdown. This is being driven by Soros and Trump was expected this. He created EO back in Feb for this very reason to drain the swamp quickly. Trump is now setting the stage to shutdown their riots and stop WWIII they are trying to start. Trump has issued a peace plan with Gaza and Israel, it is now up to the [DS] stated funded terrorists. Peace through Strength.   Economy (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:18510697282300316,size:[0, 0],id:"ld-8599-9832"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs");  https://twitter.com/briefing_block_/status/1972692864007115084 Gold Revaluation Imminent? US Treasury Hoard Tops $1 Trillion For First Time  On the back of a 45% surge in the price of gold this year, the US Treasury's hoard of the barbarous relic has surpassed $1 trillion in value for the first time in history. That is more than 90 times what's stated on the government's balance sheet and is reigniting speculation that Treasury Secretary Bessent could revalue (mark to market) the massive pile of precious metal   Unlike most countries, the US's gold is held by the government directly, rather than the central bank. The Fed instead holds gold certificates corresponding to the value of the Treasury's holdings, and credits the government with dollars in return. That means, as we detailed previously, that an update of the reserves' value in line with today's prices would unleash roughly $990 billion into the Treasury's coffers, dramatically reducing the need to issue quite so many Treasury bonds this year.   Germany, Italy and South Africa all have taken the decision to revalue their reserves in recent decades, as an August note from an economist at the Federal Reserve discussed.   US gold re-marking would have implications for both the Treasury & Fed balance sheets.  US Treasury: assets would rise by the value of the gold re-marking & liabilities would rise by the size of gold certificates issued to the Fed. Federal Reserve: assets would rise by value of gold certificates & liabilities would rise by a crediting of cash in the Treasury cash balance (Exhibit 4). And here is the punchline: the Fed balance sheet impact would look like QE though no open market purchases would be required & Fed liability growth would initially be in TGA.  In other words, the best of all words: a QE-like operation, one which see the Fed quietly funnel almost $700 billion in cash to the Treasury... but without actually doing a thing! On net, a gold re-marking would increase the size of both Treasury & Fed balance sheets + allow for TGA to be used for Treasury priorities (i.e. SWF, pay down debt, fund deficit, etc). Meanwhile, the Fed and Treasury magically conjure some $990 billion out of thing air to be spent on whatever, all because the Treasury agrees that the fair value of gold is... the fair value of gold.  Source: zerohedge.com    Political/Rights

Jon Hartley is a macroeconomist and affiliated scholar at the Mercatus Center. Jon returns to the show to discuss the most recent Hoover Monetary Conference, the legacy of John Taylor, why central banks should be using his new measure of r-star, the status of debt management at the US Treasury, and much more. Check out the transcript for this week's episode, now with links. Recorded on August 26th, 2025 Subscribe to David's Substack: Macroeconomic Policy Nexus Follow David Beckworth on X: @DavidBeckworth Follow Jon Hartley on X: @Jon_Hartley_ Follow the show on X: @Macro_Musings Check out our Macro Musings merch! Subscribe to David's new BTS YouTube Channel  Timestamps 00:00:00 - Intro 00:05:56 - John Taylor's Contributions to Economics 00:34:10 - Better Measure of R-Star 00:48:11 - The Government's Debt Management Policy 01:03:39 - Outro

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In this week's Live from the Vault, Andrew Maguire exposes the mounting pressure driving the Fed towards an unavoidable US Treasury gold repricing, as BRICS accelerate non-dollar trade and China asserts itself as the new global gold benchmark.With COMEX and LBMA stripped of their influence, surging international demand and central banks draining Western vaults, the precious metals expert details how the unfolding reset could rapidly surge the gold price towards historic levels.Send your questions to Andy here: https://www.speakpipe.com/LFTVSign up for Kinesis on desktop:https://kinesis.money/kinesis-precious-metals/?utm_source=youtube&utm_medium=video&utm_campaign=lftv_241Download the Kinesis Mobile app - available App Store and Google Play:Apple: https://kms.kinesis.money/signupGoogle: https://play.google.com/store/apps/details?id=com.kinesis.kinesisappAlso, don't forget to check out our social channels where you can stay up to date with all the latest news and developments from the team.X: https://twitter.com/KinesisMonetaryFacebook: https://www.facebook.com/kinesismoney/Instagram: https://www.instagram.com/kinesismoney/Telegram: https://t.me/kinesismoneyTikTok: https://www.tiktok.com/@kinesismoneyThe opinions expressed in this video by Andrew Maguire and any guest are solely their own and do not reflect the official policy, position, or views of Kinesis. The information provided is for general informational purposes only and does not constitute investment advice, financial advice, or any other type of professional advice.Viewers are encouraged to seek independent financial advice tailored to their individual circumstances before making any decisions related to the gold market or other investments. Kinesis does not accept any responsibility or liability for actions taken based on the content of this video.

Wade Sutton (PwC's Washington National Tax Services - International Tax Services Leader) is joined by Pat Brown, an ITS Partner and Co-Leader of PwC's Washington National Tax Services practice. Pat previously served as the US Treasury's Associate International Tax Counsel and has been a frequent guest on the podcast. Wade and Pat take a deeper dive into the future of Pillar Two, focusing on the G7's ‘side-by-side' agreement.  They highlight the historical positions of previous US administrations, why  proposed Section 899  was dropped from OBBBA, US dissatisfaction with the lack of accommodations for the US GILTI regime and R&D tax credits, the OECD process and how countries could implement changes, and the potential for simplification including a potential permanent safe harbor. Finally, they look to the future and what may happen next. 

    CBS EYE ON THE WORLD WITH JOHN BATCHELOR SHOW SCHEDULE 1957 9-15-25 GOOD EVENING.  THE SHOW BEGINS IN TROUBLED AMERICA... FIRST HOUR 9-915 HEADLINE: Global Allies Worry About US Division, Adversaries Exploit Weakness GUEST AND TITLE: Ambassador Husain Haqqani, Hudson Institute Director of Eurasia Project; Bill Roggio, Senior Fellow for the Foundation for Defense of Democracies SUMMARY: Ambassador Husain Haqqani states US allies are "very worried" by American internal division and extreme rhetoric, unlike past unity. Bill Roggio notes similar European issues, but the US now seems to lead in domestic disorder. Adversaries like China, Russia, and Islamist extremists exploit this polarization, using social media manipulation and citing Western decline. Both emphasize leaders must reduce aggressive rhetoric, promote bipartisan cooperation, and control social media to heal divisions, advocating for unity to counter external exploitation and domestic radicalization. 915-930 HEADLINE: Global Allies Worry About US Division, Adversaries Exploit Weakness GUEST AND TITLE: Ambassador Husain Haqqani, Hudson Institute Director of Eurasia Project; Bill Roggio, Senior Fellow for the Foundation for Defense of Democracies 930-945 HEADLINE: Political Crises Deepen in Brazil and Venezuela Amidst US Pressure GUEST AND TITLE: Alejandro Peña Esclusa, Venezuelan writer and thinker; Ernesto Araújo, former Foreign Minister of the Republic of Brazil SUMMARY: Ernesto Araújo discusses former Brazilian President Jair Bolsonaro's conviction for an alleged assassination plot, calling it a "show trial" despite a dissenting judge's opinion. He notes Bolsonaro's failed anti-system movement. Alejandro Peña Esclusa reports a US military buildup near Venezuela, fostering internal military discussions about turning in Maduro. Both believe their countries' fates are linked; Venezuela's liberation could expose a crime network, potentially delegitimizing Lula's regime and fostering broader Latin American freedom 945-1000 HEADLINE: Political Crises Deepen in Brazil and Venezuela Amidst US Pressure GUEST AND TITLE: Alejandro Peña Esclusa, Venezuelan writer and thinker; Ernesto Araújo, former Foreign Minister of the Republic of Brazil SUMMARY: Ernesto Araújo discusses former Brazilian President Jair Bolsonaro's conviction for an alleged assassination plot, calling it a "show trial" despite a dissenting judge's opinion. He notes Bolsonaro's failed anti-system movement. Alejandro Peña Esclusa reports a US military buildup near Venezuela, fostering internal military discussions about turning in Maduro. Both believe their countries' fates are linked; Venezuela's liberation could expose a crime network, potentially delegitimizing Lula's regime and fostering broader Latin American freedom SECOND HOUR 10-1015 HEADLINE: Houthis Remain Undeterred Despite Israeli Strikes and US Sanctions GUEST AND TITLE: Bridget Toomey, Foundation for Defense of Democracies Houthi Watcher; Bill Roggio, Senior Fellow for the Foundation for Defense of Democracies SUMMARY: Bridget Toomey reports Houthis continue daily drone and missile launches towards Israel, with Israeli Iron Dome defenses proving effective. Israel responded with strikes on Houthi military and media infrastructure in Sana'a, causing civilian casualties. US Treasury sanctioned 32 Houthi-affiliated individuals/entities for supporting Iranian-backed smuggling networks. Toomey confirms Iran absolutely provides weapons, mostly via ship routes, despite interdiction efforts. She notes Houthis are undeterred, fueled by past attacks, and will likely continue unless Iran is held accountable. Bill Roggio critiques a recent, unsuccessful Israeli strike in Doha. 1015-1030 HEADLINE: Houthis Remain Undeterred Despite Israeli Strikes and US Sanctions GUEST AND TITLE: Bridget Toomey, Foundation for Defense of Democracies Houthi Watcher; Bill Roggio, Senior Fellow for the Foundation for Defense of Democracies SUMMARY: Bridget Toomey reports Houthis continue daily drone and missile launches towards Israel, with Israeli Iron Dome defenses proving effective. Israel responded with strikes on Houthi military and media infrastructure in Sana'a, causing civilian casualties. US Treasury sanctioned 32 Houthi-affiliated individuals/entities for supporting Iranian-backed smuggling networks. Toomey confirms Iran absolutely provides weapons, mostly via ship routes, despite interdiction efforts. She notes Houthis are undeterred, fueled by past attacks, and will likely continue unless Iran is held accountable. Bill Roggio critiques a recent, unsuccessful Israeli strike in Doha. 1030-1045 HEADLINE: South Korea's President Accused of Aligning with CCP and North Korea GUEST AND TITLE: Morse Tan, former US Ambassador at Large for Global Criminal Justice; Gordon Chang, author and geopolitical analyst SUMMARY: Morse Tan and Gordon Chang discuss South Korean President Yoon Suk-yeol's policies, including a visa waiver for Chinese tourists, which Tan likens to CCP tactics. Tan claims Yoon aligns with the Chinese Communist Party and North Korea, dismantling counterintelligence and attending parades with Putin and Kim Jong-un. He reports Chinese nationals, pro-Yoon, illegally voted, and a third of South Korean police are reportedly CCP operatives. Yoon'sapproval is low, with most Koreans distrusting the CCP and prioritizing the US alliance. 1045-1100 HEADLINE: China's Advanced Weapon Systems and Global Asteroid Defense Ambitions GUEST AND TITLE: Rick Fisher, Senior Fellow, International Assessment and Strategy Center; Gordon Chang, author and geopolitical analyst SUMMARY: Rick Fisher discusses China's new DF-26D ballistic missile, capable of intercepting aircraft carriers up to 4,000 km, and other advanced unmanned weapon systems surpassing US capabilities. Gordon Chang questions US defense against these hypersonic threats. Fisher notes Russia's Energia space program faces financial distress due to the Ukraine war. China proposes an international asteroid defense, inviting global participation. Fisher warns this PLA-controlled initiative could be a front to develop anti-satellite capabilities and challenge the US in future conflicts. THIRD HOUR 1100-1115 HEADLINE: Ukraine Advances in Sumy, NATO Urged to Boost Russia Sanctions GUEST AND TITLE: John Hardie, Foundation for Defense of Democracies; Bill Roggio, Senior Fellow for the Foundation for Defense of DemocraciesSUMMARY: John Hardie discusses Ukrainian advances in the Sumy border area, noting Russia has redeployed better units to other regions like Donetsk, focusing on areas near Pokrovsk. He suggests Ukraine's counterattacks are part of an active defense, and their focus on Pokrovsk is strategically sound despite manpower shortages. Hardie highlights recent massive Russian drone barrages, including one into Poland, as a "wake-up call" for NATO to improve cost-effective air defenses. He advocates for stronger US secondary sanctions on Russian oil revenue and untying Ukraine's hands for long-range strikes. 1115-1130 HEADLINE: Ukraine Advances in Sumy, NATO Urged to Boost Russia Sanctions GUEST AND TITLE: John Hardie, Foundation for Defense of Democracies; Bill Roggio, Senior Fellow for the Foundation for Defense of Democracies130-1145 HEADLINE: MIT Professor Explains the Discovery of Ionic Liquid, Expanding Search for Extraterrestrial Life GUEST AND TITLE: Professor Sara Seager, Massachusetts Institute of Technology; David Livingston, Dr. Space of the Space Show SUMMARY: Professor Sara Seager discusses the accidental lab discovery of ionic liquids, a non-evaporating liquid salt potentially sustaining life on planets without water, expanding the traditional "habitable zone" concept. She envisions future missions like a Solar Gravitational Lens Telescope. For her lifetime, Professor Seager prioritizes privately funded "Morning Star missions" to Venus, beginning with Rocket Lab in 2026, to directly study its cloud particles for signs of life in this overlooked sister planet.1145-1200 HEADLINE: MIT Professor Explains the Discovery of Ionic Liquid, Expanding Search for Extraterrestrial Life GUEST AND TITLE: Professor Sara Seager, Massachusetts Institute of Technology; David Livingston, Dr. Space of the Space Show SUMMARY: Professor Sara Seager discusses the accidental lab discovery of ionic liquids, a non-evaporating liquid salt potentially sustaining life on planets without water, expanding the traditional "habitable zone" concept. She envisions future missions like a Solar Gravitational Lens Telescope. For her lifetime, Professor Seager prioritizes privately funded "Morning Star missions" to Venus, beginning with Rocket Lab in 2026, to directly study its cloud particles for signs of life in this overlooked sister planet FOURTH HOUR 12-1215 HEADLINE: US Diplomat Addresses Failed Doha Strike Amidst Iranian Defiance GUEST AND TITLE: Mary Kissel, Executive Vice President, Stephens Incorporated, former Senior Advisor for the Secretary of State SUMMARY: Mary Kissel discusses Secretary of State Marco Rubio's diplomatic shuttle after an unsuccessful Israeli airstrike in Doha targeting Hamas leadership. Despite the failure, she believes Israel's defense capabilities and past decapitation efforts were incredible, fostering public resolve against terrorism. Kissel notes Qatar's role as a money-laundering center and host of terror groups, despite its strategic importance to the US. She emphasizes that Iran, the world's largest state sponsor of terrorism, remains defiant regarding its nuclear and missile programs, posing an ongoing challenge for Israel and the US.1215-1230 Guest Names: Ahmad Sharawi and Bill Roggio Summary: Ahmad Sharawi and Bill Roggio discuss Al-Sharaa, the self-named president of Syria, who was appointed by militia leaders. His loyalist-drafted constitution grants him extensive powers, with key ministries held by former HTScommanders, and minority representatives serving as mere tokens. Formal Name: Ahmad Sharawi and Bill Roggio, Foundation for the Defense of Democracies 1230-1245 HEADLINE: Genocide Allegations Against Israel Debunked by Expert Analysis GUEST AND TITLE: Peter Berkowitz, Tad and Diane Taube Senior Fellow, Hoover Institution at Stanford University SUMMARY: Peter Berkowitz debunks genocide allegations against Israel, emphasizing the UN definition requires intent to destroy a group. He questions the credibility of the International Association of Genocide Scholars. Berkowitz highlights the absurdity, noting the Palestinian population tripled since the 1980s despite such claims. He attributes propaganda success to Hamas's use of human shields, shifting responsibility for civilian casualties. A comprehensive report systematically refutes claims of deliberate starvation, civilian targeting, and infrastructure bombing, demonstrating Israel's precautions.1245-100 AM HEADLINE: Genocide Allegations Against Israel Debunked by Expert Analysis GUEST AND TITLE: Peter Berkowitz, Tad and Diane Taube Senior Fellow, Hoover Institution at Stanford University SUMMARY: Peter Berkowitz debunks genocide allegations against Israel, emphasizing the UN definition require

HEADLINE: Houthis Remain Undeterred Despite Israeli Strikes and US Sanctions GUEST AND TITLE: Bridget Toomey, Foundation for Defense of Democracies Houthi Watcher; Bill Roggio, Senior Fellow for the Foundation for Defense of Democracies SUMMARY: Bridget Toomey reports Houthis continue daily drone and missile launches towards Israel, with Israeli Iron Dome defenses proving effective. Israel responded with strikes on Houthi military and media infrastructure in Sana'a, causing civilian casualties. US Treasury sanctioned 32 Houthi-affiliated individuals/entities for supporting Iranian-backed smuggling networks. Toomey confirms Iran absolutely provides weapons, mostly via ship routes, despite interdiction efforts. She notes Houthis are undeterred, fueled by past attacks, and will likely continue unless Iran is held accountable. Bill Roggio critiques a recent, unsuccessful Israeli strike in Doha. 1943

HEADLINE: Houthis Remain Undeterred Despite Israeli Strikes and US Sanctions GUEST AND TITLE: Bridget Toomey, Foundation for Defense of Democracies Houthi Watcher; Bill Roggio, Senior Fellow for the Foundation for Defense of Democracies SUMMARY: Bridget Toomey reports Houthis continue daily drone and missile launches towards Israel, with Israeli Iron Dome defenses proving effective. Israel responded with strikes on Houthi military and media infrastructure in Sana'a, causing civilian casualties. US Treasury sanctioned 32 Houthi-affiliated individuals/entities for supporting Iranian-backed smuggling networks. Toomey confirms Iran absolutely provides weapons, mostly via ship routes, despite interdiction efforts. She notes Houthis are undeterred, fueled by past attacks, and will likely continue unless Iran is held accountable. Bill Roggio critiques a recent, unsuccessful Israeli strike in Doha. 1940

As sweeping US tax reform takes effect in 2025, corporate taxpayers face important changes. These include extensions of and modifications to key Tax Cuts & Jobs Act (TCJA) provisions as well as expansion of some Inflation Reduction Act (IRA) incentives while accelerating the phase-out of others. In this episode we provide an overview of the key corporate provisions and dive into the related accounting and financial reporting implications. In this episode, we discuss:03:24 – Extensions and modifications of TCJA domestic tax laws13:42 – Extensions and modifications of TCJA international tax laws24:03 – Changes to IRA energy credits29:30 – Other provisions (e.g., endowments, charitable deductions)33:19 – Global tax implications and Pillar Two39:25 – What's ahead for corporate tax policy and accounting for income taxes For more information, check out our publications, Accounting for 2025 US tax reform and President Trump signs H.R. 1, the “One Big Beautiful Bill Act”. You can also listen to our related podcast episode, Sustainability now: Facing IRA and clean energy credit uncertainty. Be sure to follow this podcast on your favorite podcast app and subscribe to our weekly newsletter to stay in the loop. About our guests Jennifer Spang is PwC's National Office income tax accounting leader, specializing in tax accounting under US GAAP and IFRS. She has over 25 years of experience helping companies in a variety of industries navigate complex tax accounting matters. Pat Brown is PwC's National Tax Office Co-Leader. Prior to joining PwC, he spent 16 years in the private sector, including as the director of tax policy for a Fortune 50 company. Pat has also served in the US Treasury's Office of Tax Policy as an attorney-advisor and as Associate International Tax Counsel. About our guest host Diana Stoltzfus is a partner in the National Office who helps to shape PwC's perspectives on regulatory matters, responses to rulemakings and policy development, and implementation related to significant new rules and regulations. Prior to rejoining PwC, Diana was the Deputy Chief Accountant in the Office of the Chief Accountant (OCA) at the SEC where she led the activities of the OCA's Professional Practices Group. Transcripts available upon request for individuals who may need a disability-related accommodation. Please send requests to us_podcast@pwc.com.Did you enjoy this episode? Text us your thoughts and be sure to include the episode name.

Samim Ghamami is former SEC economist. Samim returns to the show to discuss the fiscal trajectory of the US, the outlook of interest rates, the US Treasury market's impact on inflation, potential reforms to the Treasury market and much more. Check out the transcript for this week's episode, now with links. Recorded on August 5th, 2025 Subscribe to David's Substack: Macroeconomic Policy Nexus Follow David Beckworth on X: @DavidBeckworth Follow Samim on X: @GhamamiSamim Follow the show on X: @Macro_Musings Check out our Macro Musings merch! Subscribe to David's new BTS YouTube Channel  Timestamps 00:00:00 - Intro 00:01:42 - Fiscal Trajectory of the US 00:3:55 - Interest Rates 00:21:28 - Inflation 00:39:53 - Treasury Market Reform 00:48:05 - Outro

Watch The X22 Report On Video No videos found (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:17532056201798502,size:[0, 0],id:"ld-9437-3289"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs");pt> Click On Picture To See Larger PictureECB President is now telegraphing their plan. They wan to implement the CBDC, they want full control of the people. The [CB] is now pushing the narrative that Trump is forcing them to lower the rates. Trump has the countermeasures in place to stop the [CB]. The [DS] thought they would be able to start a civil war with the American people. They did the opposite. They brought the American people together and exposed the brainwashed people in America. The people realize how bad the infiltration is. The evil in America is now being exposed. Good will always defeat evil. Trump is now pointing the finger at Soros. Most likely we will see Antifa make a move in certain cities, this is why Trump is prepositioning the NG.   Economy https://twitter.com/disclosetv/status/1966226002314752189 Federal Reserve to announce interest rate cut amid economic slowdown, pressure from President Trump The Federal Reserve is set to announce an interest rate cut this week in response to a slowing economy, making clear it is not surrendering to President Donald Trump's demands. The Federal Reserve is expected to announce a long-awaited interest rate cut this week, responding to a slowing economy as opposed to yielding to President Donald Trump's demands. With a big decision facing the Fed, added pressure from President Trump isn't helping. Experts say his repeated calls for the Fed to lower interest rates are damaging the agency's independence and credibility, spooking investors and the market. Source:  kmbc.com  (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:18510697282300316,size:[0, 0],id:"ld-8599-9832"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); 'Strong Chance' US Will Form Strategic Bitcoin Reserve This Year: Alex Thorn    There is a high likelihood that the United States government will form the highly anticipated Strategic Bitcoin Reserve by the end of this year, says Galaxy Digital's head of firmwide research, Alex Thorn. However, other industry executives are less confident.   Several developments hint that the plan is moving forward While US President Trump signed the executive order officially establishing the Strategic Bitcoin Reserve and US Digital Asset Stockpile in March, a formalized strategic plan has not been confirmed yet. Source: Alex Thorn However, several recent developments suggest that the plan is still progressing. On Tuesday, US lawmakers introduced a bill directing the US Treasury to examine and produce a report on the feasibility and technical considerations of the Strategic Bitcoin Reserve. Meanwhile, on July 31, Cointelegraph reported that Trump's crypto liaison confirmed that the administration is still keen on a strategic Bitcoin reserve, despite only briefly mentioning it in its recently published crypto policy report. Source: zerohedge.com Political/Rights https://twitter.com/Rasmussen_Poll/status/1966978140363964443 https://twitter.com/amuse/status/1966223556913885617 https://twitter.com/SecDuffy/status/1966943501444415920   cannot tolerate that behavior. We heal as a country when we send the message that glorifying political violence is COMPLETELY UNACCEPTABLE!

When you listen to J Powell speak from the podium at the FOMC meeting he typically talks about managing the Fed's dual mandate to maintain price stability and to maximize employment. The past several years have been focused on taming inflation. Core PCE inflation measured 0.3% for the past two months June and July. We will get the August report on Sept 26. On an annualized basis Core PCE inflation remains pretty sticky at 2.9%. This is higher than the Fed's 2% target. It's not zero, and it's not runaway  inflation either. I don't even get into the debate about whether the measurement is appropriate or not. We will take it for now that Core PCE is what the Fed needs to set interest rates. The other side of the coin is the labor market. If you've been listening to this show for a while, you will know that I've been flagging the inconsistencies between the two surveys that make up the employment report. There is the payroll survey and the household survey. The numbers reported in the two surveys are not consistent and have not been consistent for a long time. The employment report is the one that is most likely being overstated. Yesterday, The Bureau of Labor Statistics (BLS) has announced a significant downward revision to its employment data for the U.S. down 911,000 jobs compared with the previous estimate. That's a big deal. So with this latest employment data, it's almost a foregone conclusion that the Fed will cut their benchmark lending rate at next week's meeting. The real question is how much, and whether this will affect the medium term bond yield and the 10 year bond yield in particular.The bond yield is a reflection of risk for those bonds that have a risk premium attached to them. I don't believe the US Treasury market is carrying a risk premium. So in the absence of a risk premium, the yield is a reflection of the economy. A weaker economic cycle will pull bond yields down as growth is going to take a hit. A stronger economy will bring inflationary pressure on prices which will tend to drive yields up. We have a 30 day t-bill trading at 4.17%, the 10 year treasury trading at 4.08%, and the 2 year trading at 3.55% and the 5 years trading at 3.61%. This is the market clearly signalling that over the medium term, interest rates are heading lower. That's good news for real estate investors. ------------**Real Estate Espresso Podcast:** Spotify: [The Real Estate Espresso Podcast](https://open.spotify.com/show/3GvtwRmTq4r3es8cbw8jW0?si=c75ea506a6694ef1)   iTunes: [The Real Estate Espresso Podcast](https://podcasts.apple.com/ca/podcast/the-real-estate-espresso-podcast/id1340482613)   Website: [www.victorjm.com](http://www.victorjm.com)   LinkedIn: [Victor Menasce](http://www.linkedin.com/in/vmenasce)   YouTube: [The Real Estate Espresso Podcast](http://www.youtube.com/@victorjmenasce6734)   Facebook: [www.facebook.com/realestateespresso](http://www.facebook.com/realestateespresso)   Email: [podcast@victorjm.com](mailto:podcast@victorjm.com)  **Y Street Capital:** Website: [www.ystreetcapital.com](http://www.ystreetcapital.com)   Facebook: [www.facebook.com/YStreetCapital](https://www.facebook.com/YStreetCapital)   Instagram: [@ystreetcapital](http://www.instagram.com/ystreetcapital)  

This week's episode explores how artificial intelligence (AI) is boosting corporate profitability while reshaping the labour market. Since the launch of ChatGPT in late 2022, S&P 500 revenue per worker has climbed 15% after years of stagnation, but entry-level jobs are increasingly under pressure. The Federal Reserve's focus has now shifted from inflation towards employment. Our economist expects five rate cuts by March 2026, though policy uncertainty and eroded trust keep our 10-year US Treasury yield forecast steady at 4.25%. History offers many examples of presidential overreach, episodes that typically prove temporary. With the Trump administration set to continue for another three and a half years, however, investors may feel compelled to exercise caution and consider diversifying beyond the US and the traditional financial system, including assets such as gold.

Dan Nathan and Guy Adami of the RiskReversal Podcast discuss various market metrics, including the S&P 500 trading at an all-time high, the VIX, the US Dollar Index, and US Treasury yields. Nvidia's earnings report is a focal point, with expected high but moderating growth rates. They also analyze stocks like Microsoft, Taiwan Semiconductor, Palantir, Salesforce, Adobe, and Broadcom, considering their earnings and market expectations. There's a discussion on the pressure being exerted on the Federal Reserve to lower interest rates, with concerns about the institution's independence. They also touch on market comparisons to historical metrics, the importance of gold, and commentary on Bitcoin's trajectory. —FOLLOW USYouTube: @RiskReversalMediaInstagram: @riskreversalmediaTwitter: @RiskReversalLinkedIn: RiskReversal Media

Is crypto teetering on the precipice of a huge pullback or are we just setting up for the next move up? All eyes are on Jerome Powell to see if the fed is planning rate cuts. But should Bitcoin care? The US Treasury secretary is flip-flopping on Bitcoin. But you know who isn’t flipping or flopping? We aren’t. Now into our ninth year of covering this space, we got the latest Bitcoin, blockchain and AI news you can use, cause one of is the Jews… on this “the other one is an uncircumcised heathen” episode #787 of The Bad Crypto Podcast. Full Show Notes at: http://badco.in/ SUBSCRIBE, RATE, & REVIEW: Apple Podcast: http://badco.in/itunes Google Podcasts: http://badco.in/google Spotify: http://badco.in/spotify Amazon Music: http://badco.in/amazon FREE NFTs when you JOIN THE BAD CRYPTO NIFTY CLUB at https://badcrypto.uncut.network FOLLOW US ON SOCIAL MEDIA: Twitter: @badcryptopod - @joelcomm - @teedubya Facebook: /BadCrypto - /JoelComm - /teedubyaw Facebook Mastermind Group: /BadCrypto LinkedIn: /in/joelcomm - /in/teedubya Instagram: @BadCryptoPodcast Email: badcryptopodcast[at]gmail[dot]com Phone: SEVEN-OH-8-88FIVE- 90THIRTY DISCLAIMER: Do your own due diligence and research. Joel Comm and Travis Wright are NOT FINANCIAL ADVISORS. We are sharing our journey with you as we learn more about this crazy little thing called cryptocurrency. We make NO RECOMMENDATIONS. Don't take anything we say as gospel. Do not come to our homes with pitchforks because you lost money by listening to us. We only share with you what we are learning and what we are investing it. We will never "pump or dump" any cryptocurrencies. Take what we say with a grain of salt. You must research this stuff on your own! Just know that we will always strive for RADICAL TRANSPARENCY with any show associations. Support the show: https://badcryptopodcast.comSee omnystudio.com/listener for privacy information.

A new platform is emerging that will allow investors to trade shares of private tech giants like SpaceX and OpenAI with the ease of crypto, raising new questions about risk and accessibility for retail traders. Today's Stocks & Topics: XLE - The Energy Select Sector SPDR Fund, Market Wrap, TEVA - Teva- Pharmaceutical Industries Ltd. ADR, The New Frontier of Trading: Tokenized Shares of SpaceX and OpenAI, TBIL - F/m US Treasury 3 Month Bill ETF, SGOV - iShares 0-3 Month Treasury Bond ETF, TLRY - Tilray Brands Inc., Private Equity, PLD - Prologis Inc, DVN - Devon Energy Corp.Our Sponsors:* Check out Avocado Green Mattress: https://www.avocadogreenmattress.com* Check out Ka'Chava and use my code INVEST for a great deal: https://www.kachava.com* Check out Mint Mobile: https://mintmobile.com/INVESTTALK* Check out Progressive: https://www.progressive.com* Check out Upwork: https://upwork.comAdvertising Inquiries: https://redcircle.com/brands