Chelsey Dulaney
👤 SpeakerAppearances Over Time
Podcast Appearances
They're acting as a safe haven right now.
How far this goes is up in the air.
We've just seen such an incredible rush into metals over the past year.
And it shifted from being something that was thought to be central bank driven.
And now it's retail investors and these things.
Gold, this sort of safe haven, is now trading like a meme stock.
So this might just be a positioning washout.
This bet got so crowded.
We've had a trigger.
And so now it comes back a bit.
Thanks for having me.
Chaos, absolute chaos.
It was intense.
You know, a lot of French retailers and politicians were very upset about it.
Some department store workers held a strike, or held a protest.
They went on strike for a day.
So even just the announcement that this was coming had caused a huge stir in Paris and in France.
After the tariffs went into effect into the U.S., China needed new places to sell all that stuff.
It was no longer selling to the U.S., and Europe looked like the perfect place.