The Trump Economy

[CPT Savajo]

Originally Posted by Precious_b

That's all?!
You figure with all the stuff he is shrilling, you'd be out there ho'ing 24/7.

That's a good idea

*pb sees who is available bcd*

The thing with the whores is that they are not taking full advantage of the "Trump Economy." The ladies are FAR behind the power curve and it's pretty amazing to witness such.

[CPT Savajo]

President Trump is the best President we've ever had for Gold & Silver in American history. Prices have never been higher in United States history with records being broken on a daily basis and week after week we have to thank our dear President Trump.

Does anyone think President Trump was trying to give the public a clue by talking about auditing Ft. Knox? Now I'm seeing ads on Youtube with Donald Trump Jr. shilling for a gold company.

[Precious_b]

Originally Posted by CPT Savajo

The thing with the whores is that they are not taking full advantage of the "Trump Economy." The ladies are FAR behind the power curve and it's pretty amazing to witness such.

Excuse me. Just posted another review.

But yeah. I see "the whores" wanting the pidgeons to buy them donny pewter and pyrite plated stuff. You boys gotta step up and keep your atf happy. But than I see alot of maggies don't have any funds since they don't have reviews or damn few. Can only afford to fawn over the Big Cheato and their idea of BCD is to french his prostate.

But things are getting a little squirrely. I couldn't believe gold is speculating at $4k. What really got my attention was that platinum is a quarter of the price.

Y'all, tell me what happened at the beginning of september. That seems to be when the market got hot.

[txdot-guy]

Originally Posted by CPT Savajo

President Trump is the best President we've ever had for Gold & Silver in American history. Prices have never been higher in United States history with records being broken on a daily basis and week after week we have to thank our dear President Trump.

People run to gold and silver when the economy is bad.

During economic downturns, investors often turn to gold and silver as safe haven assets because they are perceived to retain value better than other investments. This behavior is driven by concerns over inflation and economic uncertainty, prompting a surge in demand for these precious metals.

So if you are saying that Trump is bad for the economy then I agree with you.

[Tiny]

Gold's been on a tear since the first quarter of 2024, although it kicked into overdrive in August. The inability of governments, including the USA's, to deal with deficits and debt is part of the reason. Inflation fears and expectations that real interest rates will go down are culprits too. And it's a momentum trade right now.

You can't blame it mostly on Trump, but yeah, his tariffs and prospects he'll monkey around with Fed independence played a part in creating a weaker dollar (and stronger gold). As to the deficits and debt, you have to blame that on the Washington D.C. political class in general, not Trump specifically.

Biden shares some of the "credit" too. His American Rescue Plan ignited inflation. And impounding Russian sovereign assets accelerated the flows of reserves out of dollars and into gold. If Russia and China hold gold bars in vaults in Moscow and Beijing, they don't have a risk of having them impounded by foreign governments.

[txdot-guy]

30 years ago the top 10% of earners in the United States made up 36% of all consumer spending. Today that stands at 49.7%. The rich have plenty while the rest are trying to make ends meet.

What does that say about the Trump economy?

https://archive.ph/aKMCd
WSJ: The U.S. Economy Depends More Than Ever on Rich People
The highest-earning 10% of Americans have increased their spending far beyond inflation. Everyone else hasn’t.

Many Americans are pinching pennies, exhausted by high prices and stubborn inflation. The well-off are spending with abandon.

The top 10% of earners—households making about $250,000 a year or more—are splurging on everything from vacations to designer handbags, buoyed by big gains in stocks, real estate and other assets.

Those consumers now account for 49.7% of all spending, a record in data going back to 1989, according to an analysis by Moody’s Analytics. Three decades ago, they accounted for about 36%.

All this means that economic growth is unusually reliant on rich Americans continuing to shell out. Mark Zandi, chief economist at Moody’s Analytics, estimated that spending by the top 10% alone accounted for almost one-third of gross domestic product.

Between September 2023 and September 2024, the high earners increased their spending by 12%. Spending by working-class and middle-class households, meanwhile, dropped over the same period.

“The finances of the well-to-do have never been better, their spending never stronger and the economy never more dependent on that group,” said Zandi, who oversaw the analysis, which was based on data from the Federal Reserve. The analysis runs through the third quarter of 2024 because that is the most recent data available.

Taken together, well-off people have increased their spending far beyond inflation, while everyone else hasn’t. The bottom 80% of earners spent 25% more than they did four years earlier, barely outpacing price increases of 21% over that period. The top 10% spent 58% more.

… click the link above to read the full article.

[Tiny]

Originally Posted by txdot-guy

Taken together, well-off people have increased their spending far beyond inflation, while everyone else hasn’t. The bottom 80% of earners spent 25% more than they did four years earlier, barely outpacing price increases of 21% over that period. The top 10% spent 58% more.

… click the link above to read the full article.

Yes, median real wages didn't really increase during Biden's term, like they did during Trump's first term. And a lot of the reason why had nothing to do with who was president.

As to the rest of your post, technology and globalization have resulted in more income inequality. And have made all of us better off. I don't know if there's anything bad about Americans spending less, if the money's going into savings or used to pay off debt.

[txdot-guy]

Originally Posted by Tiny

Yes, median real wages didn't really increase during Biden's term, like they did during Trump's first term. And a lot of the reason why had nothing to do with who was president.

As to the rest of your post, technology and globalization have resulted in more income inequality. And have made all of us better off. I don't know if there's anything bad about Americans spending less, if the money's going into savings or used to pay off debt.

Or to pay for the extra taxes from tariffs.

[CPT Savajo]

Originally Posted by Precious_b

Excuse me. Just posted another review.

But yeah. I see "the whores" wanting the pidgeons to buy them donny pewter and pyrite plated stuff. You boys gotta step up and keep your atf happy. But than I see alot of maggies don't have any funds since they don't have reviews or damn few. Can only afford to fawn over the Big Cheato and their idea of BCD is to french his prostate.

But things are getting a little squirrely. I couldn't believe gold is speculating at $4k. What really got my attention was that platinum is a quarter of the price.

Y'all, tell me what happened at the beginning of september. That seems to be when the market got hot.

Nobody cares if you posted another review or not. You can't believe that gold has surpassed the $4K level because you don't understand the current geo-political and financial situation that is upon us. It's not a speculation, golds neutrality and the price is very real in which another record has been broken today.

[CPT Savajo]

Originally Posted by txdot-guy

People run to gold and silver when the economy is bad.

During economic downturns, investors often turn to gold and silver as safe haven assets because they are perceived to retain value better than other investments. This behavior is driven by concerns over inflation and economic uncertainty, prompting a surge in demand for these precious metals.

So if you are saying that Trump is bad for the economy then I agree with you.

The inverse of bad is good. For every reaction there is an equal and opposite reaction.

[CPT Savajo]

Originally Posted by Tiny

Gold's been on a tear since the first quarter of 2024, although it kicked into overdrive in August. The inability of governments, including the USA's, to deal with deficits and debt is part of the reason. Inflation fears and expectations that real interest rates will go down are culprits too. And it's a momentum trade right now.

You can't blame it mostly on Trump, but yeah, his tariffs and prospects he'll monkey around with Fed independence played a part in creating a weaker dollar (and stronger gold). As to the deficits and debt, you have to blame that on the Washington D.C. political class in general, not Trump specifically.

Biden shares some of the "credit" too. His American Rescue Plan ignited inflation. And impounding Russian sovereign assets accelerated the flows of reserves out of dollars and into gold. If Russia and China hold gold bars in vaults in Moscow and Beijing, they don't have a risk of having them impounded by foreign governments.

Indeed. Both Biden and Trump are GOOD for gold but Trump has proven to be better! Biden usurping Russian assets and cutting them off the SWIFT financial system only strenthened their resolve to de-dollarize which we see that the BRICS nations are doing. Biden scared the rest of the world not to trust the USA's dollar. This is a global bank run led by Central Banks of the East on the London vaults. Corporate media in the USA says nothing.

[CPT Savajo]

Originally Posted by txdot-guy

30 years ago the top 10% of earners in the United States made up 36% of all consumer spending. Today that stands at 49.7%. The rich have plenty while the rest are trying to make ends meet.

What does that say about the Trump economy?

It says that the purchasing power of the USD is shit and only getting worse while it was a collective effort to get the USA to this point in history.

[Why_Yes_I_Do]

Originally Posted by txdot-guy

30 years ago the top 10% of earners in the United States made up 36% of all consumer spending. Today that stands at 49.7%. The rich have plenty while the rest are trying to make ends meet...

Not what I get from that at all. In fact, far from it. What I see is a generation of young'uns that attended many years of Socialist Indoctrination Centers, instead of getting a solid education to prepare them for the future.

Here are two short (<2mins),videos, from I would call the "Sniveling Class", aka Socialist Inductees, to show the results, Here and Here.

The US is the most unique society on the planet!! Someone can come from absolute nothingness, yet with a little smarts, intuition, drive and persistence become uber wealthy and change the entire world and maybe even the universe.

Sure as shoot'n beats hell outta:
Owning Nothing, Eating bugs and Obeying on command.

[txdot-guy]

Originally Posted by Why_Yes_I_Do

Not what I get from that at all. In fact, far from it. What I see is a generation of young'uns that attended many years of Socialist Indoctrination Centers, instead of getting a solid education to prepare them for the future.

Here are two short (<2mins),videos, from I would call the "Sniveling Class", aka Socialist Inductees, to show the results, Here and Here.

The US is the most unique society on the planet!! Someone can come from absolute nothingness, yet with a little smarts, intuition, drive and persistence become uber wealthy and change the entire world and maybe even the universe.

What a load of absolute load of bullshit.

The economy is in bad shape and your instinct is to blame those suffering. What a cruel thing to say.

[Precious_b]

Originally Posted by CPT Savajo

Nobody cares if you posted another review or not. You can't believe that gold has surpassed the $4K level because you don't understand the current geo-political and financial situation that is upon us. It's not a speculation, golds neutrality and the price is very real in which another record has been broken today.

Really? Than why are you on a whore board? Don't be afraid to join the adults on a real political board. Or where you banned from them and now forced to sit at the kiddie table.

No I can't believe it. And I don't care to understand such. All I know is that the market has consistently outperformed the yellow shiny in the long run. I leave the doomsday buyers to it. I'd rather invest in lead and powder. Record or not.

Now go spread some of the guilden amongst the ladies and stop being a cheapskate. Part with your tin plated donny goodies tipping them.