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Why This Trader Is Buying Gold for the First Time Since the Election

Category: News Archives
Created: 22 June 2018
Hits: 1269

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Why This Trader Is Buying Gold for the First Time Since the Election - GoldSilver.com
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China offers to join forces with Europe to fight Donald Trump on trade

Category: News Archives
Created: 22 June 2018
Hits: 1166

China has ramped up its anti-American rhetoric, warning US farmers would be the ones who suffer the fallout of a full-blown trade war[1] between the world's two biggest economies, while offering to join forces with Europe to fight Donald Trump's "protectionism".

Stockmarkets in the region recovered on Thursday, although investors remain concerned about the prospect of a full-blown trade war between China and the United States. China's Commerce Ministry indicated Beijing would not back down from earlier threats to retaliate against the US president's threat to slap tariffs on an additional $US200 billion worth of Chinese goods.[2]

China has also showed willingness to work more closely with the European Union, which has also become embroiled in its own trade dispute with the Trump administration. China said on Thursday it would hold a trade summit with the European Commission on June 25 to promote bilateral economic and trade cooperation. "China and Europe will join hands to fight against protectionism and unilateralism," a spokesman for China's Commerce Ministry said.

China on Thursday also reiterated its criticism of Mr Trump's latest salvo in the tit-for-tat trade dispute, accusing Washington of "extortion" and threatening to stand its ground in a dispute expected to hurt the economies of both countries.

"The unilateral protectionism measures by the US will ultimately hurt the interests of US enterprises, American workers and American farmers," the Commerce Ministry said, accusing the US of waving a "big stick" over China..

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"We are against this kind of extortion. The US is abusing the use of tariffs. It will bring serious damage to the international trading order."

China's central government earlier in the week urged the country's retail shareholders not...

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Real Vision's - The Chemistry of Gold and Silver

Category: News Archives
Created: 21 June 2018
Hits: 1014

Why is gold used as early money instead of other metals? Let’s look at the periodic table and find out.

All that leaves us with gold and silver. And it was these two precious metals, which mankind adopted at both stores of value and mediums of exchange....

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Silver vs SPX: Weekly Here Is One More on Silver

Category: News Archives
Created: 21 June 2018
Hits: 947
Looks like it is time to start reversing the trend here soon
...

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JA Applauds US Supreme Court Ruling, 'Major Victory for Jewelers on E-Fairness'

Category: News Archives
Created: 21 June 2018
Hits: 1263
June 21, 18 by Albert Robinson image (IDEX Online) – Jewelers of America (JA) says it applauds the decision by the United States Supreme Court to uphold South Dakota’s sales tax fairness law and overturn the 1992 decision in Quill Corp. v. North Dakota. <?xml:namespace prefix = "o" ns = "urn:schemas-microsoft-com:office:office" /?>   By a vote of 5-4, the Court struck down the earlier judgment which established the current system under which states are prohibited from collecting sales and use taxes from sellers that do not have a physical presence in-state that led to the current uneven playing field between traditional and online sellers. The decision will enable states to pass laws that require remote retailers to collect sales tax, even if they do not have a physical presence in the state.   Jewelers of America is a longtime proponent of sales tax fairness, advocating on the jewelry industry’s behalf in support of efforts to enact legislation on federal and state levels for decades.   “This historic decision from the Court in support of sales tax fairness is a major victory for the jewelry industry, providing a clear path to level the playing field between traditional and online retailers,” says David J. Bonaparte, JA President & CEO. “Now Congress must respond by passing federal legislation to create a universal federal framework for sales and use tax collection in a way that benefits businesses regardless of the state where their business resides and avoids a patchwork of state-by-state laws.”   The Court heard oral arguments on April 17 on South Dakota v. Wayfair. At issue was South Dakota’s sales tax fairness law, which had been ruled unconstitutional by the South Dakota Supreme...

Read more from our friends at IDEX

  1. Imperial President or Emperor With No Clothes?
  2. Rosenberg Sees U.S. Recession in 12 Months, Says S&P 500 Has Peaked
  3. GoldSilver.com News - 06d3c145e6258640da9765e6649e2505 - 2018-06-21 15:15:02
  4. GoldSilver.com News - 06d3c145e6258640da9765e6649e2505 - 2018-06-21 14:15:03

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