OK Trumps back in , now what ?

[cv5]

FIFTH CONGRESS. SESS. II. CH. 66. 1798.

sum not exceeding four hundred thousand dollars, to be paid out of any money in the treasury not otherwise appropriated.

APPROVED, July 6, 1798.

CHAP. LXVI.-An Act respecting Alien Enemies.(a)

SECTION 1. Be it enacted by the Senate and House of Representatives

of the United States of America in Congress assembled, That whenever there shall be a declared war between the United States and any foreign nation or government, or any invasion or predatory incursion shall be perpetrated, attempted, or threatened against the territory of the United States, by any foreign nation or government, and the President of the United States shall make public proclamation of the event, all natives, citizens, denizens, or subjects of the hostile nation or government, being males of the age of fourteen years and upwards, who shall be within the United States, and not actually naturalized, shall be liable to be apprehended, restrained, secured and removed, as alien enemies. And the President of the United States shall be, and he is hereby authorized, in any event, as aforesaid, by his proclamation thereof, or other public act, to direct the conduct to be observed, on the part of the United States, towards the aliens who shall become liable, as afore-said; the manner and degree of the restraint to which they shall be subject, and in what cases, and upon what security their residence shall be permitted, and to provide for the removal of those, who, not being permitted to reside within the United States, shall refuse or negle depart therefrom; and to establish any other regulations which shải found necessary in the premises and for the public safety: Provided,

 

[cv5]

@WarClandestine
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Trump and his team heard your backlash about the Epstein files and Bondi, so they responded. Trump told you “Bondi has done a phenomenal job”. Elon told you that Bondi and Kash are fighting the entrenched bureaucracy and we need to give them time. Kash told you that “there will be no cover-ups, no missing documents, and no stone left unturned”. Bongino told you Kash and Bondi “have got it”, and we just need to let it play out. Trump and his team are trying to assure the public that the situation is under control. Trump heard your concerns, and he responded by telling you that everything is on schedule. You heard it directly from the boss’ mouth. You can listen to the loud and irrational social media influencers overreacting and farming your outrage for clicks… or you can listen to Trump, Elon, Kash, and Bongino. The choice is yours.

 

[cv5]

@devorydarkins
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Reince Priebus calmly destroys Democrats on ABC after a horrific two weeks. "The only thing they've got is trump derangement syndrome. It's the only thing that brings them together, and the only thing they got out of this week, was who's going to primary Chuck Schumer? What are we all about? AOC and Bernie Sanders are the only people in their entire party that can get a crowd of over 20 to show up." Results tell the story and the story shows that Democrats are spiraling out of control.

 

[ResidentAlien]

Thanks Donald, more evidence that flying is safe again because of you.

 

[cv5]

TF Metals Report on X: "WHOA WHOA WHOA WHOA WHOA This can't be right. This can't possibly be correct. Could it? No way. Has to be a misprint by the @CME. Has to be. Right? RIGHT??!!?? https://t.co/m9BKXdvY0M" / X

 

[seed_time_harvest]

The different perspectives should be interesting .

IMO,now that Trump’s back in,America will be worse, not great as the red cap says.

 

[Cameron143]

IMO,now that Trump’s back in,America will be worse, not great as the red cap says.

Why?

 

[seed_time_harvest]

Why?

IMO,the tariffs were not necessary and will ruin a lot of businesses.Give it about a month and you will begin to see Trump’s support wane as people start losing money.My Mom(rip) always use to say
“M o n e y _T a l k s”.

 

[Cameron143]

IMO,the tariffs were not necessary and will ruin a lot of businesses.Give it about a month and you will begin to see Trump’s support wane as people start losing money.My Mom(rip) always use to say
“M o n e y _T a l k s”.

Or...it will open up markets that previously were closed due to unfair trade practices. There is the potential for more free trade than ever before. We'll see.

 

[ZNP]

The Tariffs aren't even hale Mary, Trump is helping the US transition to a digital currency for the Antichrist by crashing the dollar. He is obviously down with the whole ten kingdoms and thinks the Antichrist will let him have Greenland, Canada and Central Americal all the way to the Panama canal, fool, Antichrist will kill three kings and no doubt the US will be one of them.

 

[kinda]

The Tariffs aren't even hale Mary, Trump is helping the US transition to a digital currency for the Antichrist by crashing the dollar. He is obviously down with the whole ten kingdoms and thinks the Antichrist will let him have Greenland, Canada and Central Americal all the way to the Panama canal, fool, Antichrist will kill three kings and no doubt the US will be one of them.

That was a profound statement.

Here are my ramblings.

The U.S. Dollar is running high for sure, heard someone say, China needs to devalue it's currency, and they need the U.S. dollar to fall. Europe can blame the Ukraine war on defaults. One thing I was thinking about, all the other countries can blame the tariffs, and not their own financial decisions, on why their economies fail.

Didn't Powell say, the economy isn't sustainable? So, maybe the tariffs are a way to balance the budget?!?! Of course, with the U.S. being the biggest economy, than other countries will of course, not like tariffs. I personally see the tariffs as a way to limit the constant debt in some meaningful way, but others see it as the bogey man, or a personal attack.

They tried to cut some programs and people cried, they try to have tariffs and people cried, so maybe people need to understand that their is budget that needs to be reviewed once in awhile, and not put in on the credit card all the time?!?!

What is really killing the U.S. economy is Social Security, Medicare, public education, but people would rather see the U.S. go bankrupt, than make cut back on those programs. Not to mention corporations. Corporations were really designed by the government for a project, that the private sector couldn't do. They were to be dissolved after the project was complete. Now corporations and special interest groups have lobbyist to influence politicians for the best interest of their company, not the American people.

Now, if there was some sort of global reset, maybe the digital currency could be promoted as the new Bretton Woods agreement. Economies around the world are gearing up for war, so maybe that's the answer to bad financial policies?!?!

 

[ZNP]

That was a profound statement.

Here are my ramblings.

The U.S. Dollar is running high for sure, heard someone say, China needs to devalue it's currency, and they need the U.S. dollar to fall. Europe can blame the Ukraine war on defaults. One thing I was thinking about, all the other countries can blame the tariffs, and not their own financial decisions, on why their economies fail.

Didn't Powell say, the economy isn't sustainable? So, maybe the tariffs are a way to balance the budget?!?! Of course, with the U.S. being the biggest economy, than other countries will of course, not like tariffs. I personally see the tariffs as a way to limit the constant debt in some meaningful way, but others see it as the bogey man, or a personal attack.

They tried to cut some programs and people cried, they try to have tariffs and people cried, so maybe people need to understand that their is budget that needs to be reviewed once in awhile, and not put in on the credit card all the time?!?!

What is really killing the U.S. economy is Social Security, Medicare, public education, but people would rather see the U.S. go bankrupt, than make cut back on those programs. Not to mention corporations. Corporations were really designed by the government for a project, that the private sector couldn't do. They were to be dissolved after the project was complete. Now corporations and special interest groups have lobbyist to influence politicians for the best interest of their company, not the American people.

Now, if there was some sort of global reset, maybe the digital currency could be promoted as the new Bretton Woods agreement. Economies around the world are gearing up for war, so maybe that's the answer to bad financial policies?!?!

There are a lot of advantages to a digital currency. No more tax fraud. Greatly reduces crime and gives the government total control.

However, it is very clear they are not naive, they know the potential for evil, and they know that Christians will stand against it, and so they know the biggest hurdle is the US.

 

[cv5]

Wall St Engine on X: "CNN reports the IRS is planning to revoke Harvard’s tax-exempt status, with a final decision expected soon. This comes just a day after President Trump threatened to strip it, following Harvard’s pushback against what it called unlawful demands to change its academic programs or" / X

 

[kinda]

Wall St Engine on X: "CNN reports the IRS is planning to revoke Harvard’s tax-exempt status, with a final decision expected soon. This comes just a day after President Trump threatened to strip it, following Harvard’s pushback against what it called unlawful demands to change its academic programs or" / X

"Trump’s threats follow his administration pulling over $2.2 billion of Harvard’s federal funding in response to the university announcing it would not comply with a list of demands to curb what the White House views as antisemitism on campus."


https://www.politico.com/news/2025/04/15/harvard-trump-tax-exempt-00290534

 

[cv5]

Matthew Pines
@matthew_pines
Ok, so here’s my latest take on how Bessent may be able to revalue the gold certificates w/o legislation:

Under 31 USC §5117 & the Gold Reserve Act of 1934, the U.S. Treasury is authorized to issue gold certificates to the Federal Reserve Banks, backed by the gold it holds, at the statutory price of $42.22 per ounce. These gold certificates are held by the Fed and booked as assets, while the corresponding deposits credited to the Treasury General Account reflect this fixed valuation.

This statutory constraint prevents Treasury from unilaterally revaluing those certs at the market price. However, there is a path to unlock the market value of the Treasury’s gold w/o changing the official price.

This begins w/ the Treasury conducting an internal accounting revaluation of its gold reserves, marking them to market. While the statutory gold price remains unchanged, the Treasury can internally record the difference between the book value & the market value (e.g. $3200+/oz) as an unrealized revaluation surplus. This surplus would not be reflected on the Fed’s balance sheet initially, but could be recorded in an internal ledger or in the Exchange Stabilization Fund.

Next, the Treasury would exercise its authority, detailed in Federal Reserve accounting manuals (e.g., section 2.10), to demonetize a portion of the existing gold certificates by reacquiring them from the Fed. This process decreases the value of the gold certificate account and reduces the corresponding deposit credit at the FRBNY, effectively freeing the Treasury to remonetize that portion of the gold in a different form. Demonetization does not require any sale of physical gold—it is a bookkeeping maneuver authorized under current law.

With that portion of gold now demobilized from the legacy certificate system, Treasury can issue a new financial instrument—such as “Gold Reserve Receipts” or “Gold Trust Units”—that is indexed to the market price of gold. These instruments would not be classified as gold certificates under §5117 and would thus not be constrained by the statutory price. They would function as market-valued collateral or sovereign-backed instruments anchored to U.S. gold reserves but issued under different legal authority—potentially within the ESF, or under emergency law (IEPPA).

The Fed, under its broad discretion to accept various assets under Sec. 14 of the Federal Reserve Act, could then accept these new instruments on its balance sheet at market value. This is consistent with the Fed’s actions in previous crises, such as 2008 & 2020, when it accepted novel or unconventional collateral to stabilize the financial system.

In this case, the Fed could credit the Treasury’s deposit account (TGA or ESF-linked) with reserves equal to the full market value of the monetized gold instrument. This infusion of liquidity would require no debt issuance, no bond sales, and no change in the official gold price—yet it would unlock up to a $trillion in fiscal headroom.

To make this more politically and procedurally robust, Congress could pass a reconciliation bill or budget resolution instructing the CBO and OMB to recognize the market value of U.S. gold reserves as a fiscal offset. This would allow Treasury to account for the gold revaluation surplus in the federal budget without changing the statutory price or breaching the debt ceiling.

The key legal distinction here is that accounting recognition of market value is not the same as statutorily redefining the gold price.

This would require close Treasury-Fed cooperation (Bessent and Powell have weekly lunches), international heads-up (IMF Spring Meetings are next week), and semi-secrecy (leaks push gold up and increase revaluation gains…).

While its principal purpose would be to help manage the long end (“buybacks”) and create fiscal space for budget negotiations, it would also be a “budget neutral” source of funds to add to the Strategic Bitcoin Reserve… win-win-win…

 

[ZNP]

Matthew Pines
@matthew_pines
Ok, so here’s my latest take on how Bessent may be able to revalue the gold certificates w/o legislation:

Under 31 USC §5117 & the Gold Reserve Act of 1934, the U.S. Treasury is authorized to issue gold certificates to the Federal Reserve Banks, backed by the gold it holds, at the statutory price of $42.22 per ounce. These gold certificates are held by the Fed and booked as assets, while the corresponding deposits credited to the Treasury General Account reflect this fixed valuation.

This statutory constraint prevents Treasury from unilaterally revaluing those certs at the market price. However, there is a path to unlock the market value of the Treasury’s gold w/o changing the official price.

This begins w/ the Treasury conducting an internal accounting revaluation of its gold reserves, marking them to market. While the statutory gold price remains unchanged, the Treasury can internally record the difference between the book value & the market value (e.g. $3200+/oz) as an unrealized revaluation surplus. This surplus would not be reflected on the Fed’s balance sheet initially, but could be recorded in an internal ledger or in the Exchange Stabilization Fund.

Next, the Treasury would exercise its authority, detailed in Federal Reserve accounting manuals (e.g., section 2.10), to demonetize a portion of the existing gold certificates by reacquiring them from the Fed. This process decreases the value of the gold certificate account and reduces the corresponding deposit credit at the FRBNY, effectively freeing the Treasury to remonetize that portion of the gold in a different form. Demonetization does not require any sale of physical gold—it is a bookkeeping maneuver authorized under current law.

With that portion of gold now demobilized from the legacy certificate system, Treasury can issue a new financial instrument—such as “Gold Reserve Receipts” or “Gold Trust Units”—that is indexed to the market price of gold. These instruments would not be classified as gold certificates under §5117 and would thus not be constrained by the statutory price. They would function as market-valued collateral or sovereign-backed instruments anchored to U.S. gold reserves but issued under different legal authority—potentially within the ESF, or under emergency law (IEPPA).

The Fed, under its broad discretion to accept various assets under Sec. 14 of the Federal Reserve Act, could then accept these new instruments on its balance sheet at market value. This is consistent with the Fed’s actions in previous crises, such as 2008 & 2020, when it accepted novel or unconventional collateral to stabilize the financial system.

In this case, the Fed could credit the Treasury’s deposit account (TGA or ESF-linked) with reserves equal to the full market value of the monetized gold instrument. This infusion of liquidity would require no debt issuance, no bond sales, and no change in the official gold price—yet it would unlock up to a $trillion in fiscal headroom.

To make this more politically and procedurally robust, Congress could pass a reconciliation bill or budget resolution instructing the CBO and OMB to recognize the market value of U.S. gold reserves as a fiscal offset. This would allow Treasury to account for the gold revaluation surplus in the federal budget without changing the statutory price or breaching the debt ceiling.

The key legal distinction here is that accounting recognition of market value is not the same as statutorily redefining the gold price.

This would require close Treasury-Fed cooperation (Bessent and Powell have weekly lunches), international heads-up (IMF Spring Meetings are next week), and semi-secrecy (leaks push gold up and increase revaluation gains…).

While its principal purpose would be to help manage the long end (“buybacks”) and create fiscal space for budget negotiations, it would also be a “budget neutral” source of funds to add to the Strategic Bitcoin Reserve… win-win-win…

I think one thing can be concluded from Trump wanting to do an audit and revalue the gold. They want the gold to be sold at market price (obviously not at $40) and / or they want the gold properly valued as an asset to help them deal with their debt.

There are complex ways this can be done, either collateral for more debt, especially if people are unwilling to buy treasuries you could have special gold back treasuries. (That would likely be a disaster as everyone would want to dump their treasuries and exchange them for gold backed ones). Or Trump could work a short squeeze on gold. If he does that I suspect the whole world would hate his guts, but he is uniquely situated to pull it off.

Here are the problems that everyone other than Trump has with a short squeeze.

1. You have to have a vault to hold a trillion dollars worth of gold. He has it and it will not add to the cost of his short squeeze.

and

2. You have to have the ability to exchange a trillion dollars worth of gold for something else before the gold flooding the market crashes the price of gold. He can exchange $1 trillion of gold for $1 trillion of US debt in a single trade. Then without the gold even leaving the vault he could buy it back for a third of the price and drive up the price of gold a second time. This would be an all out war on BRICS but would be so disruptive to the global economy that the entire world would be united against him in hate.

 

[kinda]

Jerome Powell's term ends in May 2026. Trump wants him out yesterday, because interest rates are at 7%. It makes borrowing more expensive, and America is in need of a stimulus package, and lower costs.

Trump is trying to tighten the budget, increase revenue by taking the Panama Canal back, and lowering interest payments, by encouraging Jerome Powell to leave, or lower the rate. That's how I see it. See what happens.

Expect more protectionism in the economic front from Trump, would be my guess. War is another way of gaining assets. I believe Trump tried to have Zelensky sign off on the mineral deposits in Ukraine, but he wasn't interested.

It's crazy that China gets a 145% tariff on their goods, Mexico and Canada get 25%, and the rest of the countries is 10%. This is one way to increase revenue, to pay the bills. With the U.S. having a strong military, still having the global reserve currency, and having the biggest economy, it certainly could work.....See what happens.

 

[cv5]

Trump vs Powell - New Gold-Backed Sound Money Plan Revealed | Judy Shelton

In a recent interview with Soar Financially, former economic advisor to President Trump, Dr. Judy Shelton, illuminated a potential path towards a "sound money" system, hinting at a clash between the former president's agenda and the current Federal Reserve under Chairman Jerome Powell. The discussion saw Shelton, a senior fellow at the Independent Institute, delve into the intricacies of the US economy, the role of the Federal Reserve, and the potential for a gold-backed Treasury bond to reshape the nation's financial future.

Host Kai Hoffman engaged Shelton in a wide-ranging conversation, focusing on potential solutions to the US debt bubble and the perceived overreach of the Federal Reserve. Shelton didn't shy away from expressing her concerns about the Fed's current influence, stating unequivocally, "I think the Fed today is too political, too prominent in credit markets and too powerful."

A central theme of the interview was Shelton's advocacy for a gold-backed Treasury bond. Drawing inspiration from former Fed Chairman Alan Greenspan, who wrote about the concept in 1981, Shelton believes such a bond could exert pressure on Congress to curb deficit spending and signal a commitment to a more stable dollar.

 

[ZNP]

Trump vs Powell - New Gold-Backed Sound Money Plan Revealed | Judy Shelton

In a recent interview with Soar Financially, former economic advisor to President Trump, Dr. Judy Shelton, illuminated a potential path towards a "sound money" system, hinting at a clash between the former president's agenda and the current Federal Reserve under Chairman Jerome Powell. The discussion saw Shelton, a senior fellow at the Independent Institute, delve into the intricacies of the US economy, the role of the Federal Reserve, and the potential for a gold-backed Treasury bond to reshape the nation's financial future.

Host Kai Hoffman engaged Shelton in a wide-ranging conversation, focusing on potential solutions to the US debt bubble and the perceived overreach of the Federal Reserve. Shelton didn't shy away from expressing her concerns about the Fed's current influence, stating unequivocally, "I think the Fed today is too political, too prominent in credit markets and too powerful."

A central theme of the interview was Shelton's advocacy for a gold-backed Treasury bond. Drawing inspiration from former Fed Chairman Alan Greenspan, who wrote about the concept in 1981, Shelton believes such a bond could exert pressure on Congress to curb deficit spending and signal a commitment to a more stable dollar.

The problem with a gold backed bond is that no one will buy the bonds that are not backed by gold. The US will have to write 9 trillion in debt this year. So the US would need enough gold to back 9 trillion. The estimates are that gold owned by the US is worth about 1 trillion at today's valuation. So then gold would have to go to $27,000 an ounce.

It doesn't matter if the US dollar is a "gold backed security" or not. The minute you issue a gold backed bond you will have this incredible reset to the market because everyone will then realize gold is the real currency. Also, BRICS is a gold backed security, as soon as Trump issues a gold backed bond the value of their currency will increase nine fold. The US dollar will go the way of Venezuela. Right now people are promising to move manufacturing to the US because the US dollar is still king and the US is still the biggest consumer on the planet. If the US dollar loses 89% of its value then the US will no longer be the biggest consumer and you may find that all those promises to bring factories to the US will evaporate. Think about all those who are holding $36 trillion in debt to be paid out in US dollars that are now worth 11% of what they were when the bonds were purchased. That is a massive, massive loss and who is holding that debt? Mostly Americans. Their bank accounts are backed by US debt and their 401k's are stuffed with it.

There is no free lunch. When you borrow you must pay it back. You can try all the smoke and mirrors you want but the reality stays the same, the party is over and now it is time to pay up.

Someone who is very slick might say well, gold is $3,000 an ounce, if I buy it now with US dollars then when it goes to $27,000 an ounce I won't be broke. True, but no doubt with the entire country collapsing in bankruptcy they will make having gold illegal and require you turn it into the government. Done before it will be done again.

 

[HeIsHere]

IMO,the tariffs were not necessary and will ruin a lot of businesses.Give it about a month and you will begin to see Trump’s support wane as people start losing money.My Mom(rip) always use to say
“M o n e y _T a l k s”.

Agree, countries much like people, do not appreciate being bullied, Trunk tried the tough guy approach as if it was a real estate deal and it will fail, bigly.

And this idea of "unfair" again as @Cameron states needs to be viewed in context of a super economy and other smaller economies, smaller economies need to protect some of their industries.

A trade deficit means the USA has been a willing consumer and living above their means and now that want other countries to suffer with them.