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Update from Scott Bessent, US Secretary of the Treasury.
(Posted by EricLDaugh on X. Videoclip of Bessent in his post).
“Let’s be clear about what today’s ruling WAS and what it WASN’T.
Despite the misplaced GLOATING from Democrats, ill-informed media outlets, and the very people who gutted our industrial base, the Court did not rule against President Trump’s tariffs.”
“Six justices simply ruled that IEEPA authorities cannot be used to raise even $1 of revenue.”
“This administration will invoke alternative legal authorities to replace the IEEPA tariffs.”
“We will be leveraging Section 232 and Section 301 tariff authorities that have been validated through thousands of legal challenges.”
“Treasury’s estimates show that the use of Section 122 authority, combined with potentially enhanced Section 232 and Section 301 tariffs, will result in virtually unchanged tariff revenue in 2026.”
Posted by goldielocks
@ 13:06 on February 21, 2026
The go signal has been out as some kinda signal.That can be made up but. in casino stealing or inside plants it’s a go signal the plant has the best hand. Keep your cards covered from cameras.
Posted by Captain Hook
@ 11:13 on February 21, 2026
I asked Siloverngold to stop posting such utter crap and he has…….I also said that under my government I have to be careful what Is posted…….consequently I have deleted this post.
We are here to discuss all matters PM, please try and stay on subject.
Wall Street Apes
@WallStreetApes
American journalist says she’s figured out why Governor Greg Abbott has allowed a Muslim takeover in Texas
Abbott’s top donor is from Pakistan, he’s donated:
– 2019–2020 election cycle: $1,617,500
– 2020 election: $5,599,500
– 2024 election: $6,120,268
– Current election cycle $2,897,086 (already the top donor in the current cycle)
His top donor is Syed Javaid Anwar and he is from Pakistan
We’re all tired of the bull… No accountability. You know if demos get back in power there gonna get even on their typical BS while repubs have actual evidence people need to be arrested and Omar can be deported.
Pay attention to the upcoming state of the union speech. We need answers.
Yes we have obvious globalist narratives in Supreme Court and Republican constitutional backstabbers. Roberts did it again, same thing he did with Obama care, called it a tax. He used the same narrative with Trump’s tarriffs.
I thought he would have learnt from Trump 45. But it doesn’t look like it. Tulsi is having a hard time. The neocons/Zionists have got him to bomb Iran once, and are clearly pushing him to do so again. Best hope the Iranian hypersonics aren’t as good as the Russians’. Yes, our war theatre is different – huge coastline to defend. And China has more unemployed single men of military age than our whole population, who have had their guns removed. So I definitely want a strong, rational US president (I gave up on old Blighty being of any use decades ago), and I’d hoped Trump was the one.
about what you say about America because you’re going to need help before we do. Your potential war theater is more complex than ours. Casey is a moron too. I voted for Trump b/c I wanted to cause trouble, not get bent by a bunch of leftist commies
Goldie – I thought that was interesting that Trump said about foreign influence on the Supreme Court. When asked about evidence to back it up he said it would be coming very soon. Course he said we’d see arrests very soon too. No doubt Robert’s is corrupt. Barrett and Gorsuch, I don’t know. No doubt all the Democrat judges are. I know Robert’s has ties to Epstein – they have photos.
Bob – agree on Casey. He’s a legend in his own mind.
Casey is an arrogant, stuffed shirt, a charlatan. Used to read him a couple of decades ago, can’t recall when I ceased.
Wish i could find one of his older videos where he pontifically postulated some thing and he missed by a mile. I recall thinking that he cost his clients a TON of money with that call.
Nothing’s happened to the covid conspirators. Nothing’s happened to the Epstein clients. Ilhan Omar is still a US citizen. The President fraudulently claimed that tariffs would be $2tn a year and eliminate income tax and pay down the national debt. Expect heaps of deflections to democrat bashing, California, wage rises, lower petrol prices, fifteen wars ended, illegals deported, etc. All about winning the mid-terms, and child sex trafficking, crooked covid characters and traitors are just not on the radar of most people. Yet.
Posted by goldielocks
@ 19:57 on February 20, 2026
One thing I learned about investing in PMs is that it got me more involved or say reactive in a not healthy way in politics than Id like to be. I consider myself to be unlabeled politically until they have a constitutional patriot option but it’s easier for the demos because they yell Maga and run away or have a meltdown because their party is indefensible and use that as a excuse all the time. Yeah and they can just keep going
I have no clue what’s going on with the tarriffs, the rules they go by, or even who or what they’re for.
I at least can feel I shouldn’t have to as long as the ones in charge are capable and working in the best interest of our country and know what they’re doing. With Trump in office we don’t have to worry about it less we own commodities.
I do agree there are a few in the S Court with a “attitude” and less than honest attitude that don’t have the country’s best interest in mind.
Posted by goldielocks
@ 19:33 on February 20, 2026
The thing with this AI perhaps maybe hopefully with something’s it’s not biased programed but data related.
I asked the question when will silver be a average of 120 dollars. We do know the sensitivity of changes can quickly in futures change from one day to the next where charts can be more reliable but the farther out the unknowns make it harder by the day.
when will spot silver average 120 dollars a ounce?
+5
Based on reports from late January 2026, the price of spot silver has already touched and exceeded $100 per ounce, with some forecasts predicting an average price approaching or exceeding
$120 per ounce in 2026.
MarketWatch +1
Here are the key details regarding this price surge:
Recent Performance: As of late January 2026, silver broke the $100 per ounce barrier and briefly surged towards $120, driven by significant geopolitical tensions and high demand.
Expert Predictions: Market analysts, including those at Citigroup, have projected that silver could reach $150 in 2026, fueled by strong industrial demand and a weakening U.S. dollar.
Volatility Warning: Experts warn that as silver approaches higher price points, it is likely to experience intense volatility, with daily swings of 10% or more possible.
Drivers: The rapid rise in silver is attributed to a combination of factors, including a 5th consecutive year of supply deficits, massive industrial demand for AI and solar energy, and investors seeking safe-haven assets.
Finance Magnates +3
Disclaimer: The above information is based on search results indicating a, as of February 20, 2026, very recent and rapidly changing market. Commodity prices, especially silver, are highly volatile and unpredictable.
Trump said he can impose most of the tariffs using laws other than the IEEPA.
And he accused the justices who struck them down as having foreign influences. Didn’t use the word but implied they are traitors.
I hope the State of the Union on Tuesday has real substance, on corruption and fraud for example, and is not just another campaign speech.
Justice Kavanaugh, who seemed a little goofy in his nomination hearings, has turned out to be excellent
I’d read parts of it before, and his suggestion for building robust young men strikes me as being elitist and rather shallow. Organising all those activities for them, and they need to be organised for them as just working through the admin takes longer than the time allocated for some of the tasks, isn’t teaching them much; except that someone will organise everything for you. If you really want to learn to cook in Italy, definitely go ahead! Apply for a working visa: yourself. Learn the language. Apply for jobs in Italian restaurants: yourself. Find accomodation: yourself. Want to sail around Cape Horn? See a psychiatrist. If they clear you, buy a boat. Learn to sail, to navigate, to run a crew: just going as a passenger in a boat won’t teach you much. Just being able to say “I’ve rounded the Horn” doesn’t mean much. You need to spend a minimum of a year on a farm to be able to see and understand the cycles. But in that year, depending on the type of farm, you can learn to operate heavy machinery, weld, post, slaughter, dress, curse, shoot, plant, harvest, milk, shear, buy, sell, repair anything, work as a team, become responsible, appreciate just how damn hard it can be to produce food and very importantly just how enthusiastically government makes everything so damn difficult. In fact, a year on a farm should be compulsory for every 18 y/o. And if you fail the year, it’s two. After ten years, you will never have a left leaning government again.
Posted by goldielocks
@ 17:16 on February 20, 2026
Did The Supreme Court Ruling Striking Down Tariffs Make Metals Prices Rise?
Some analysts have noted that striking down Trump’s tariffs would appear to make gold and silver prices decrease, because the tariffs and the uncertainty they caused were a key factor that made metals prices spike in 2025, but uncertainty over the fallout of the court decision is helping metals prices rise. “It’s hard to see the president collecting his toys and going home; he will try to re-establish tariffs using other statutes which will promote volatility,” metals trader and market commentator Tai Wong told Reuters. Bart Melek, global head of commodity strategy at TD Securities, told Bloomberg the ruling suggests the government may have to refund more than $175 billion to importers, which would “stress the budget.” This may increase “speculation that monetary tools may need to be used to fund the government,” suggesting future interest rate cuts could drive up metals prices.
Gold and silver have had a highly volatile few weeks after reaching record highs of more than $5,600 and $120, respectively, in late January. Their historic rally was fueled by geopolitical tensions, including with Venezuela and Iran, Trump’s tariffs and federal interest rate cuts, though prices crashed after Trump named Kevin Warsh, seen as less likely than other presumed Fed candidates to slash interest rates, as his pick for Federal Reserve chair at the end of January. Since then, silver and gold prices have swung back and forth, including a 10% crash in silver’s price last week. Metals Daily CEO Ross Norman blamed the volatility on the metals market feeling “more like a casino than a marketplace,” while analysts at Saxo Bank have projected “silver is likely to continue trading violently in both directions.”