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Barrick Mining CEO: There's still more upside risk on gold prices
CNBC Television· 2025-08-11 15:18
Speaking of tariffs, shares of bar gold falling despite reporting a slight profit beat in Q2 earlier this morning. Gold production came in below estimates. Prices off their highs as we await this clarification on gold tariffs from the White House.That's after reports that import taxes would be levied on gold bullion and bars. Joining us now to discuss it all is Bareric Mining CEO Mark Bristo first on CNBC. I mean, before we get to earnings, Mark, what what do you hear about whether gold bars will be tariffe ...
X @Watcher.Guru
Watcher.Guru· 2025-08-11 14:02
JUST IN: 🇺🇸 President Trump says tariffs are making the US "strong and rich." ...
Tariff talks send gold lower: Prices retreat after hitting all-time highs
CNBC Television· 2025-08-11 12:52
Gold prices falling from a record high this after the White House announced plans to issue an executive order addressing what they're describing as misinformation about potential tariffs on gold bars. And joining us right now to discuss all of this is Ers Dur, principal uh at Zeus Industrial. Good morning to you.Uh help us understand what what what this either misinformation is or is not. Well, all I know is what we've been reading. So, let's see what the EO says.But if it is a 39% uh tariff on gold, that w ...
US Gold Futures Fall as Traders Await Tariff Clarification
Bloomberg Television· 2025-08-11 11:34
What sort of clarification might we get from the White House today. Well, that's what everyone's watching for. We're not sure.Is it going to come today or later in this week. They said on Friday that they would be issuing a executive order to address, as they said, misinformation in the gold markets. And that was basically coming after on Thursday and through Friday, we had this quite dramatic.Customs and Border Protection Agency ruling, which essentially said that 108 spires or kilo bars of gold, which are ...
X @Bloomberg
Bloomberg· 2025-08-11 11:04
For all the triumphalism from Trump on trade deals, a symptom of his rush to raise tariffs is emerging: messy economic consequences https://t.co/gck36bfFuU ...
X @Bloomberg
Bloomberg· 2025-08-11 07:42
The impact of President Donald Trump’s tariffs on consumer prices is just getting started, according to research by Goldman Sachs https://t.co/tExqPN6Kdx ...
 Trump THREATENS more tariffs as he strong-arms tech leaders
MSNBC· 2025-08-11 01:28
Trade & Tariffs - Trump administration is pressuring tech companies to manufacture in the US, exemplified by his meeting with Apple CEO Tim Cook regarding iPhone production [1] - Wedbush Securities believes the possibility of manufacturing iPhones in the US is unrealistic, estimating a potential price of $3,500 per iPhone [5] - Tariffs are ultimately paid by consumers, potentially increasing prices and creating pressure on household budgets if the 100% tariff remains in place [15] - The market is currently "shrugging off" tariff concerns, viewing them as negotiable and subject to exemptions for companies that invest in the US [9] Geopolitics & Business Strategy - Apple is navigating political challenges by investing in India and China, receiving exemptions as a result [4] - Companies are striving to align with the Trump administration to avoid tariffs and headwinds [6] - The AI revolution is considered a major industrial revolution, with the US currently ahead of China in tech [7][10] AI & Energy Consumption - The AI revolution is driving increased demand for data centers, leading to a surge in construction and a need for 6-8 times more power [16] - Nuclear energy is seen as a potential solution to meet the growing energy demands of AI, but faces public acceptance challenges [16][17] Market Outlook - Despite potential market nervousness, tech stocks are expected to rise by another 25% over the next year [12]
X @Cointelegraph
Cointelegraph· 2025-08-10 20:00
⚡FACT: There are no tariffs on $BTC https://t.co/9nbmLIqEKp ...
X @The Economist
The Economist· 2025-08-10 16:40
An uncomfortable dynamic may be at play: markets might expect him to chicken out as the pain of tariffs becomes clear, but the lack of reaction might be emboldening him to press ahead https://t.co/sjL4xWy7sm ...
X @Bloomberg
Bloomberg· 2025-08-10 13:00
A lot of attention has been paid to the impact of tariffs on prices, says @mattyglesias, but the real damage is what they will do to the overall economy (via @opinion) https://t.co/LxtMwX0gha ...