Gold Silver Reports (GSR) – After greeting each other for the first time Tuesday in front of reporters, the American president and the North Korean leader will seclude themselves on Singapore’s Sentosa Island for roughly 45 minutes while their entourages wait nearby. The intimate huddle will precede a larger meeting and a working lunch attended by Trump’s chief of staff, national security adviser and secretary of state, the White House said, along with some of their North Korean counterparts.
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Stocks Get Drilled Ahead of Trump’s Big Meeting With North Korea’s Kim
Gold Silver Reports (GSR) – Stocks Get Drilled Ahead of Trump’s Big Meeting With North Korea’s Kim — President Trump on Saturday declined to endorse a G-7 communique calling for a lowering of tariffs and other barriers to trade. Instead Trump did Trump, taking to Twitter to slam Canadian Prime Minister …
President Trump and Kim Jong Un meet in Singapore for Historic Summit
Gold Silver Reports (GSR) – President Trump and Kim Jong Un meet in Singapore for Historic S ummit — President Donald Trump is set to meet with North Korean dictator Kim Jong Un on June 12 at a swanky Singapore hotel for the first face-to-face meeting between sitting American and North Korean leaders.
U.S.-China Tensions May Put Up to $400 Billion in Investment at Risk
Gold Silver Reports (GSR) – Chinese investment into the U.S. slumped last year to $29 billion from $46 billion, as the Asian nation restricted outbound capital and the Trump administration took a tough stance on deals, according to the report Tuesday from New York-based research firm Rhodium Group and the National Committee on U.S.-China Relations. U.S. investment into China was little changed at $14 billion.
Trump Hints at Deal on Chinese Trade as Xi Readies Response
Gold Silver Reports – Trump Hints at Deal on Chinese Trade as Xi Readies Response — Trump said his administration will “probably” come to an agreement with China to resolve a dispute that has roiled financial markets and raised fears of a major economic conflict between the nations. The U.S. is considering tariffs on as much as $150 billion worth of Chinese imports, while China has vowed to respond with levies of its own on everything from U.S. soybeans to planes.
Trump Trade Fears Take Gold and Palladium Futures on a Wild Ride
Gold Silver Reports (GSR) – Trump Trade Fears Take Gold and Palladium Futures on a Wild Ride – Measures of 60-day historical volatility for gold and palladium futures climbed to the highest in about a year. Volatility in silver also increased. Prices were whipsawed last week as Trump administration officials tried to calm markets, while their boss warned of short-lived “pain” from a trade stand-off with China. In Russia, the largest palladium producer, dozens of companies and key allies of President Vladimir Putin are facing a new wave of U.S. sanctions.
What to Watch in Commodities: Aluminum, Trump Vs Xi, Copper, Soy
Gold Silver Reports (GSR) – What to Watch in Commodities: Aluminum, Trump Vs Xi, Copper, Soy — On top of that, there are two gatherings that’ll shape the big-picture agenda. In Asia, China’s leadership, including President Xi Jinping, will deliver their take from the Boao Forum for Asia. And in Peru, heads of state from across the Americas will gather in Lima for a summit that may provide a backdrop for a breakthrough on fraught Nafta talks between the U.S., Mexico and Canada.