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GS ups XAU target / TKY core inflation up / Congress majority risk / Carney pretty clear / No 'drill baby drill'

  • Writer: Stéphan
    Stéphan
  • Mar 28
  • 3 min read


  • Dallas Fed Energy Survey: Firms need $65/bbl on average to profitably drill Across different regions, average breakeven prices to profitably drill range from $61 to $70 per barrel >>> there will be NO 'drill baby drill'

  • 7.7 !!.. magnitude quake hits Myanmar, tremors felt in Thailand, India, Bangladesh

  • FT-The philosophy behind Trump’s Dark Enlightenment - An English magus of anti-democratic neoreaction has become a touchstone for the alt-right

  • Trump threatens 'far larger' tariffs if EU & Canada unite to do 'economic harm' to the U.S, and then warned auto companies that they shouldn't raise prices in response to his policies to increase duties on imported goods and materials

  • #XAUUSD Goldman Sachs raises #Gold price target again citing ETF inflows, Central Bank purchases - sees potential for $4,200+ in extreme scenarios....finally #GDX far too low too

  • PM Mark Carney of Canada: "The old relationship we had with the United States based on deepening integration of our economies and tight security and military cooperation is over."

  • "There will definitely be a force in Ukraine," a "European coalition co-piloted" with British PM Keir Starmer, — Emmanuel Macron

  • China’s Xi calls on top executives to help ‘uphold global order’ as trade tensions with U.S. rise. Putin suggests temporary administration for Ukraine to end war

  • May 3rd for Oz election

  • #JPY : Tokyo core inflation in Japan's accelerates and stays above BoJ target

  • GOP Rep. Bacon: "We made a mistake. We passed legislation that gave the president some temporary tariff authorities. I think we should look back and maybe restore the power back from Congress and take away the authorizations." >>> Stefanik’s withdrawal suggests Republicans are sweating their thin margins, President Donald Trump’s decision to keep Rep. Elise Stefanik in Congress is the clearest sign yet that the political environment has become so challenging for Republicans that they don’t want to risk a special election even in safe, red seats.


 

A MUST READ for the weekend - something to ponder about The philosophy behind Trump’s Dark Enlightenment The deeper you dig into it, the weirder the concept, if as extreme as it looks, anything goes then….. ‘’’ >>> As for Yarvin’s controversial opinions and whether or not Thiel holds them, Yarvin has said that his patron is “fully enlightened,” as he had been “coaching Thiel.” What’s more, in a recent interview with the Hoover Institution, Andreessen quoted Yarvin and called him a “friend.”’’.. some folks have so much money they think they own the world .. and can do anything they like ..















Perma bull, but still, good long term value there..!





 
 
 

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