Gold Is Being Reintroduced Into the Monetary System

While the media focuses on political scandals, inflation and coming up with ridiculous acronyms "TACO"... Smart money is tracking a far bigger shift: a gold revaluation is quietly underway. Garrett Goggin, CFA, says this could trigger 100X moves in select miners - and he's identified four with the biggest upside.

China is ending its annual Congress with questions open over how to revive its slowing economy

KEN MORITSUGU and SIMINA MISTREANU
March 11, 2025

BEIJING (AP) -- China is wrapping up its biggest political event of the year on Tuesday leaving one question unanswered: How far will it go to try to revive economic growth in 2025?

A recurring theme throughout the weeklong meeting of the nearly 3,000-member National People's Congress was the need to boost investment and consumer spending.

How much will be done to translate words into action will only become clear in the months ahead as the ruling Communist Party juggles priorities. What is clear is that a trade war with the United States has left the outlook for the coming months uncertain.

At stake is the health of the world's second largest economy, a major exporter of products to countries around the world and an important market for foreign companies from Apple to Volkswagen. A prolonged property crisis has sapped consumer and business confidence, depriving the economy of its past vitality. Now, a tariff war unleashed by U.S. President Donald Trump is compounding those problems.

China holds back on major stimulus -- for now

The Congress opened with the announcement of an economic growth target of "about 5%" for this year, a level that analysts said would be difficult to achieve with the measures detailed during this year's Congress.

They include borrowing more money for a slew of initiatives, such as giving 300 billion yuan ($41.3 billion) in rebates to consumers who trade-in old cars and appliances for new ones. But much of the borrowing will go to supporting the housing market and local governments weighed down by debt.

"It is unclear how much of a jolt this budget will provide to underlying domestic demand and reflation efforts, despite the sizeable rise in the deficit," Jeremy Zook, the lead China analyst for Fitch Ratings, said in a report.

The ambitious 5% growth target signaled to analysts that more stimulus may be coming. Last year, the government surprised stock markets with various moves beginning in September to push growth up to 5%, also the target in 2024.

Finance Minister Lan Fo'an told journalists covering the Congress that the government had sufficient tools in reserve to deal with external or domestic uncertainties.

Xi seeks private sector help, within limits

Chinese President Xi Jinping seems bent on reinvigorating private businesses, which provide a large share of growth and jobs in the country's state-dominated economy. Years of regulatory crackdowns have shaken the confidence of entrepreneurs and other investors.

The Congress reviewed comments on a law meant to improve the environment for private enterprises by regulating aspects of market access, financing, competition and property rights protection, among others.

Xi aims to send a "message to entrepreneurs, but also to local governments and regulators, that the private sector's important and it's necessary," Neil Thomas, a fellow on Chinese politics at the Asia Society Policy Institute, said ahead of the congress.

Private companies will also gain access to a higher share of loans than before, and financing for private businesses raised through bond issuance will be expanded, Chinese Premier Li Qiang said in his work report.

The foreign minister says the US shouldn't bully

Much rides on how far Trump pursues his trade wars with China and other countries.

China has diversified its export markets in recent years, but the U.S. remains a vital trading partner. The greater fear is not the tariffs themselves but the health of the U.S. economy and demand for Chinese products, said Alicia Garcia Herrero, the chief Asia-Pacific economist for Natixis investment bank.

Trump has raised tariffs on imports from China twice since taking office in January. China has shown no sign of backing down.

"If the American side goes further down this wrong path, we will fight to the end," Commerce Minister Wang Wentao told journalists during the Congress.

Asked about Trump's "America First" policy, China's Foreign Minister Wang Yi said the law of the jungle would reign if all countries adopted a "my country first" approach.

"A big country should honor its international obligations and fulfill its due responsibilities," he said to journalists at the Congress. "It should not put selfish interests before principles, still less wield its power to bully the weak."

A Chinese buzzword makes a comeback

The government said in its annual report that it would address what it considers unproductive "rat-race" competition, invoking a term that was a buzzword in China five years ago among stressed-out younger workers.

The government is applying the term "neijuan" -- more commonly translated as "involution" -- to companies and local governments rather than workers. A proliferation of green energy firms, for example, has led to gluts in solar panels and other equipment and fierce price wars that ultimately harm the industry.

"Their strategies are similar, which leads to extremely cruel competition," Chinese tech leader Lei Jun, the CEO of Xiaomi and a delegate to the Congress, told state media.

The solutions are unclear, experts say, noting that government subsidies for green energy helped create the problem by encouraging so many start-ups.

___

Associated Press writer Fu Ting in Washington and researcher Shihuan Chen in Beijing contributed.

Continue Reading...

Popular

EPAM Confident On Growth, Initiates $1 Billion Stock Buyback

EPAM Systems (EPAM) stock gained 4.41% after reporting strong third-quarter 2025 results, with sales of $1.394 billion.

Marjorie Taylor Greene Buys Blue Chip Stock Near 52-Week Low

Marjorie Taylor Greene is known for buying multiple stocks at a time, based on recent disclosures. A new filing shows one stock bought in November.

Buy This Gold Stock Before the New Year - Ad

America is about to see a massive shift in how regular people buy and store gold. Next year, the world's largest gold buyer is expected to launch a new way for everyday Americans to invest in gold with a simple tap on their phone - and it could go live in 2026. When it does, a tiny gold stock trading around $1.60 could explode.

Marjorie Taylor Greene Goes Bargain Shopping, Discloses Buying These Two Stocks At 52-Week Lows

Congresswoman Marjorie Taylor Greene disclosed some new stocks recently. Unlike past trades in 2024 and 2025, the latest disclosure is rather unique.

Wendy's to close hundreds of US stores in bid to halt falling profit

Wendy’s plans to close hundreds U.S. restaurants over the next few months in an effort to boost its profit.

Elon's New Device Could Launch Biggest IPO of the Decade - Ad

Elon Musk's new device is being called a "game-changer"-and even the White House is using this tech. Jeff Brown says it could launch Musk's next trillion-dollar company and make early investors rich. You can claim a stake now for as little as $500.

Why Is Phio Pharmaceuticals Stock Soaring Today?

Shares of Phio Pharmaceuticals Corp. (NASDAQ: PHIO) are rising Monday after the company provided an update on an ongoing medical trial.

France threatens to block Shein over sale of childlike sex dolls ahead of Paris store opening

PARIS (AP) — French authorities have warned they may block access to after it emerged that the online fast fashion giant had been selling sex dolls with a childlike appearance.

"Tech Prophet" Who Predicted the iPhone Now Predicts... - Ad

George Gilder - who predicted the iPhone 17 years early and gave Reagan the first microchip - is making his boldest call yet. He says an American nanotech "super-convergence" could mint more millionaires than any event in recent memory. He's found 3 stocks set to benefit the most.

Jim Cramer: Chipotle Is 'Too Expensive,' Buy This Plane Maker

On "Mad Money," Cramer discusses Henry Schein, Bloom Energy, Tyler Technologies, Boeing and Chipotle Mexican Grill.

Trump Signs Law to Launch Dollar 2.0 - Ad

Trump just signed law S.1582, unleashing the biggest money shift in 100+ years. For the first time since 1913, private firms - not the Fed - can mint a "Dollar 2.0." Treasury says it could drain $6.6T from banks and pay 10X current savings rates. Early investors in minting firms could see 40X returns by 2032.

Cathie Wood Bets Big On These Stocks As Bitcoin, Ethereum Crash —Dumps Instagram Rival

On Tuesday, Cathie Wood-led Ark Invest made significant trades, notably increasing its holdings in Bullish (NYSE:BLSH), Coinbase Glo

AT&T reached a $177M data breach settlement. What consumers should know about claiming their money

NEW YORK (AP) — AT&T has reached a combined $177 million settlement over two . And impacted consumers have a little over a month left to file a claim for their chunk of the money.

The Market Just Crossed a Dangerous Line - Ad

The man who predicted the 2008 crash and 2020 says today's soaring markets are NOT a bubble - they're something far stranger and more dangerous. He says it's about to change everything you know about money.

TSLA, PLTR, IREN And More: 5 Stocks That Dominated Investor Buzz This Week

Retail investors talked up five hot stocks this week (Nov. 3–7) on X and Reddit's r/WallStreetBets: TSLA, PLTR, MSTR, AMD, IREN.

Some Social Security Recipients Won't Have To Wait Until 2026 For COLA Hike

Social Security and SSI recipients will receive a 2.8% cost-of-living adjustment in 2026, with SSI beneficiaries seeing the increase a day earlier due to a federal holiday.

Elon's Optimus to Mint New "Musk Millionaires" as Soon as Jan 26? - Ad

Elon Musk may be set to create more "Musk Millionaires" as soon as January 26... Because on that day, he's expected to officially launch his Optimus robot... An AI-powered robot that Elon himself says will be capable of "doing anything bar nothing". Now, it's important to point out that Elon hasn't released it to the public yet... But ahead of the launch, one Silicon Valley insider has identified a "backdoor way" for any American to invest in Optimus with a regular brokerage account...

Bitcoin's Crash Below $100,000 Isn't The End: Wall Street Vet Says: 'We Have To Get Through This'

For the first time since July, Bitcoin (CRYPTO: BTC) fell below $100,000 on Tuesday as the crypto sell-off saw $1.7 billion in liquidations in 24 hours.

IREN Skyrockets After Sealing $9.7 Billion AI Cloud Deal With Microsoft

Pre-market trading sees IREN shares up after securing $9.7B cloud contract with Microsoft, partnering with Dell.

America Wants Less Reliance on Foreign Metals - And This Nevada Play Fits the National Shift - Ad

The U.S. is working to reduce dependence on China and Russia for strategic metals like copper, silver, gold, and tungsten. Guardian Metal's recent results confirmed these metals are active in this Nevada corridor - and its stock is up 300%+ YTD. A new explorer on the same belt is entering early as America pivots back to domestic supply.

Cathie Wood Goes All-In On Peter Thiel's Crypto Play Bullish With Back-To-Back Million-Dollar Buys

Cathie Wood-led Ark Invest purchased shares in Bullish, a crypto exchange backed by Peter Thiel, through three of its funds. Other key trades were also made, including buying shares in CRISPR and Beam Therapeutics.

AstraZeneca's Investigational Hypertension Drug Shows Significant Blood Pressure Control In Pivotal Trial

AstraZeneca's Baxdrostat cut blood pressure by 14 mmHg in the Phase 3 Bax24 trial, showing strong efficacy and safety in resistant hypertension patients.

The U.S. Wants Metal Independence - And This Nevada Opportunity Fits the Moment - Ad

Washington's push for domestic copper, silver, gold, and tungsten is reshaping the resource landscape. Their neighbor's multi-metal hits, supported by $6M in federal funding and a 300%+ YTD surge, confirmed this Nevada corridor is the right kind of ground. Now another early-stage explorer has stepped into the same trend as interest accelerates.

Typhoon Kalmaegi leaves 26 dead in Philippines, people trapped on roofs and cars submerged

MANILA, Philippines (AP) — Typhoon Kalmaegi has left at least 26 people dead in the Philippines, mostly in flooding set off by the storm, which barreled across the central part of the country on Tuesday, disaster response officials said. Floodwaters trapped scores of people on their roofs and submerged cars.

Attackers board a ship off the coast of Somalia after firing rocket-propelled grenades

DUBAI, United Arab Emirates (AP) — Attackers firing machine guns and rocket-propelled grenades boarded a ship off the coast of on Thursday, British officials said, likely the latest assault by resurgent Somali pirates operating in the region.

Is This Elon's Worst Nightmare? - Ad

Elon's empire looks doomed - crashing sales, lost tax credits, and media backlash. But behind the scenes, Tesla is about to unleash a breakthrough Forbes calls a "multi-trillion-dollar opportunity." It's not the end - it's the start of a 25,000% AI comeback.

Iran confirms seizure of oil tanker in the Strait of Hormuz

TEHRAN, Iran (AP) — Iran on Saturday confirmed as it traveled through the narrow Strait of Hormuz over violations including carrying an illegal consignment, state media reported.

Britain's Treasury chief prepares the ground for a tax-hiking budget

LONDON (AP) — U.K. on Tuesday signaled she will raise taxes in her budget this month, arguing that the economy is sicker than the government knew when it took office last year.

Gold Is Being Reintroduced Into the Monetary System - Ad

While the media focuses on political scandals, inflation and coming up with ridiculous acronyms "TACO"... Smart money is tracking a far bigger shift: a gold revaluation is quietly underway. Garrett Goggin, CFA, says this could trigger 100X moves in select miners - and he's identified four with the biggest upside.

Investigators look into 'repeating bell' heard during takeoff of UPS cargo plane that crashed

LOUISVILLE, Ky. (AP) — A repeating bell sounded in the cockpit for 25 seconds as pilots tried to control a UPS cargo plane that caught fire, had an engine fall off and this week in Louisville, Kentucky, a National Transportation Safety Board member said Friday.

Christmas market in Germany opens after last year's deadly attack in the city of Magdeburg

BERLIN (AP) — The Christmas market in the German city of Magdeburg opened Thursday, nearly a year after it was the scene of a horrific that left six people dead.

Buy This Gold Stock Before the New Year - Ad

America is about to see a massive shift in how regular people buy and store gold. Next year, the world's largest gold buyer is expected to launch a new way for everyday Americans to invest in gold with a simple tap on their phone - and it could go live in 2026. When it does, a tiny gold stock trading around $1.60 could explode.

Washington's struggling economy takes another economic hit from the government shutdown

WASHINGTON (AP) — With the combination of the , the mass firings of government workers and a , the Capital Area Food Bank in Washington is bracing for the swell of people who will need its help before the holiday season.

Spotify Premium Subscribers Boost Q3 Revenue, Eyes Strong Holiday Quarter

Spotify (NYSE: SPOT) shares rose after reporting better-than-expected Q3 results, with revenue of $4.99B and 17M new MAUs.

Elon's New Device Could Launch Biggest IPO of the Decade - Ad

Elon Musk's new device is being called a "game-changer"-and even the White House is using this tech. Jeff Brown says it could launch Musk's next trillion-dollar company and make early investors rich. You can claim a stake now for as little as $500.

OpenAI and Amazon sign $38B deal for AI computing power

SEATTLE (AP) — OpenAI and Amazon have signed a $38 billion deal that enables the ChatGPT maker to run its artificial intelligence systems on Amazon's cloud computing services.

Bill.Com Scales Payments Footprint With 33 Million Transactions

Bill Holdings, Inc. (BILL) reports Q1 fiscal 2026 results, beating analyst estimates with adjusted EPS of 61c and revenue of $395.74M.

"Tech Prophet" Who Predicted the iPhone Now Predicts... - Ad

George Gilder - who predicted the iPhone 17 years early and gave Reagan the first microchip - is making his boldest call yet. He says an American nanotech "super-convergence" could mint more millionaires than any event in recent memory. He's found 3 stocks set to benefit the most.

McDonald's Q3 Preview: Report Shows Visitor Slump — Can Value Meals, Monopoly Help Guidance?

McDonald's may have seen a drop in visitors during the third quarter, according to a new report. Here's why investors may be more excited about Q4.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright technicaltrading.org
Privacy Policy | Terms of Service