The GOLD-to-GLOBAL-WEALTH ratio has stretched to near previous 'crisis' highs with only the 1970s inflation crisis much higher. So if Trump 2.0 and an 'easy' Fed lose control of inflation then gold will keep outperforming. If not, stocks will do much better than gold...

Netanyahu, sensing Trump drift, will leak intelligence (via Barnea) sabotaging the talks before Friday, likely revealing a secret Iranian site or missile stockpile.

PLNJPY

en.wikipedia.org/wiki/Productiv…

"Nice reputation you have there. Shame if someone called you an antisemite."

$RIG