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Tariffs on Gold, Gambling in 401(k)’s — Signs of A Crack-Up Boom?

President Trump put a whopping 39% tariff on gold from Switzerland. Is it really about a trade imbalance? Or is there more to such a drastic tax? Also this week, the President took steps to allow 401(k)’s to include crypto and private equity. Is there are relation between these two policies? A huge tax on a global safe haven asset, and easier access to high-risk assets?

 

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12:34 pm on August 8, 2025

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