Trump-Carney, Smoot-Hawley
This weekend we witnessed a first-time use of Smoot-Hawley in American history: Trump actually deployed Section 338 of the Depression-era law against Canada. IMO, this is serious.
Gold: Leen’s Lodge Deck Chat
Our pre-dinner deck chat at Leen’s Lodge on Sunday, August 9, focused on gold, USA creditworthiness, and China’s payments system versus the US payment system. Are we looking at a Bretton Woods 2.0?