The mother of all deal?
Source: Jack Prandelli on X
Gold would be ~$9,700 if it kept up with M2 To hit $40,000/oz, Gold would need to add about $246 Trillion in market cap from today's levels.
Source: Katusa Research @KatusaResearch
ECB President Christine Lagarde: "Europe is going to do a big SWOT analysis and decide what do we need to do to be strong by ourselves."
Source chart : FT Source image: Reuters
Countries joining Trump's peace board
Source: Rothmus @Rothmus on X
Excellent comments by German Chancellor Friedrich Merz in Davos today
Europeans have damaged their economies. They must fix it.
Gold is making new highs as a monetary realignment unfolds in real time
One chart says it all china’s Treasury holdings are at 18-year lows, while gold reserves are at all-time highs. Source: Tavi Costa, Bloomberg
Trump says he reached Greenland deal ‘framework’ with NATO, backs off Europe tariffs
President Trump just said: "We have formed the framework of a future deal with respect to Greenland and, in fact, the entire Arctic Region" ... "Based upon this understanding, I will not be imposing the Tariffs that were scheduled to go into effect on February 1st." Dow rallies 750 points. Dollar up. 10-year US Treasury yield down. Silver down. Cryptos up. Source: @realDonaldTrump
🚨 Why JPMorgan's Desk Thinks The Greenland Standoff Ends In A Bullish "Negotiated Arrangement" 🚨
The headlines are screaming "Trade War." JPMorgan’s desk is whispering "Opportunity." 📈 While the media focuses on the chaos, JPM’s International Market Intel team is looking at the scoreboard. Here is why they think the "Greenland Standoff" is actually a bullish signal for 2026: 1. It’s a Negotiation, Not an Invasion. 🤝 Federico Manicardi (JPM) calls it straight: This is classic Art of the Deal. Trump throws out a maximalist stance (10% EU tariffs / buying Greenland) to create leverage and urgency. The goal? A "Negotiated Arrangement," not a sale. 2. The "Bullish" Outcome. 🐂 JPM expects a deal where: ✅ Denmark keeps sovereignty. ✅ The US gets Arctic security & missile defense upgrades. ✅ Access to critical natural resources is secured. Result? Uncertainty clears, and the 2026 growth reboot stays on track. 3. The "Tail Risks" are Overblown. 🧊 An actual invasion? "Melts NATO faster than Arctic ice" and polls horribly. A sale? Unlikely and unnecessary. JPM sees the downside limited to a mid-single-digit (MSD) drop at worst before the rebound. 4. Eyes on Davos. 🏔️ With Trump addressing the World Economic Forum tomorrow, expect the rhetoric to shift from "threats" to "affordability and growth." The Bottom Line: Volatility is a gift if you understand the playbook. The market is anticipating a growth reboot, and JPM believes this "orange flag" is just noise on the path to a deal. Source: ZeroHedge
