Gold's About to Go Parabolic? (Trump's First Term Sent It Soaring)

During President Trump's first term, tariffs & rate cuts sent gold soaring 57%. Now, Trump is using the same playbook. Are you expecting different results? Hint: Gold is now surging, and experts predict gold could hit $4,000... even $10,000! Move funds from your IRA & 401(k) into gold--TAX & PENALTY-FREE--while you still can!

Trump says he'll buy a Tesla to show support for Musk as his company faces financial trouble

CHRIS MEGERIAN
March 11, 2025

WASHINGTON (AP) -- With Elon Musk facing escalating political blowback and financial troubles, President Donald Trump said he would buy a Tesla vehicle from his company, an unusual show of support from the president to his most powerful adviser.

It was the latest example of how Trump has demonstrated loyalty to Musk, who spent heavily on his comeback campaign last year and has been a key figure in his second administration.

The Republican president announced early Tuesday that he was going to buy a new Tesla as "a show of confidence and support for Elon Musk, a truly great American."

Musk's electric vehicle company is being battered by sagging sales and plunging stock prices. He continues to run the automaker -- as well as the social media platform X and the rocket manufacturer SpaceX -- while also serving as Trump's adviser on overhauling and downsizing the federal government.

"Elon Musk is 'putting it on the line' in order to help our Nation, and he is doing a FANTASTIC JOB!" Trump wrote on social media. "But the Radical Left Lunatics, as they often do, are trying to illegally and collusively boycott Tesla, one of the World's great automakers, and Elon's 'baby,' in order to attack and do harm to Elon, and everything he stands for."

The White House did not immediately elaborate on Trump's plans, such as how the purchase would be handled or where the car would be kept.

Presidents almost never drive for security reasons. Joe Biden got behind the wheel of an electric truck while promoting domestic manufacturing, and Barack Obama took a spin with Jerry Seinfeld in the White House driveway for a comedy show.

But regardless of the practicality of Trump's purchase, his overnight announcement about buying a Tesla represented another step in how the president has blurred lines by bringing Musk into his administration.

Musk is the world's richest person, with billions of dollars in government contracts. He's also exerting sweeping influence over Trump's administration through the Department of Government Efficiency, or DOGE, and traveling frequently with the president.

During an interview with the Fox Business Network on Monday, host Larry Kudlow asked Musk "how are you running your other businesses" while also advising Trump.

"With great difficulty," he said.

"But there's no turning back, you say?" Kudlow responded.

"I'm just here trying to make government more efficient, eliminate waste and fraud," Musk said.

Tesla has recently faced protests and vandalism. Police are investigating gunshots fired at a dealership in Oregon, and fire officials are examining a blaze that destroyed four Cybertrucks at a Tesla lot in Seattle.

At times, the White House has needed to play cleanup for Musk, who had never worked in public service before and has admitted that he'll make mistakes along the way.

For example, Musk presented inflated estimates of fraud in government benefits like Social Security on Monday, leading Democrats to argue that he was planning cuts to the popular programs.

"Most of the federal spending is entitlements," Musk said in the interview. "That's the big one to eliminate."

The next morning, a White House account on X criticized news organizations as "lying hacks" and told Democrats to "spare us the fake outrage" about reducing benefits.

"He was clearly talking about the WASTE in the programs," the White House posted.

Continue Reading...

Popular

NBA Legend Shaq's Walmart Shopping Spree Ends In Credit Card Decline - Here's How Much He Tried To Spend

Basketball superstar Shaquille O'Neal's impact goes beyond basketball, with his larger-than-life personality and smart investments. Yet, one of his most unforgettable moments happened at Walmart.

AI + Smart Glass = A Nasdaq Sleeper - Ad

This recent Nasdaq IPO is quietly making waves, thanks to its 95% market share in a $240M aerospace niche. With patented technology that integrates AI into smart glass, this company is poised for massive growth as the market races toward $124 billion by 2029.

Oregon police investigate nighttime gunshots that shattered windows at a Tesla dealership

PORTLAND, Ore. (AP) — Police in Oregon said Thursday they are working with the FBI to investigate gunshots fired at a Tesla dealership overnight in the latest instance of vandalism at one of the company's retail stores.

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

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?

Why Trump's Recent Moves Could Ignite a New Gold Standard - Ad

Donald Trump's bold policies are driving a hidden gold market boom. Garrett Goggin, a renowned precious metals expert with 20+ years of experience, reveals 5 explosive investment opportunities set to explode in this new era. Backed by triple-digit returns in 2024, Garrett's insights show you how to position yourself for wealth in 2025.

Tesla Out, Ford In: City Of Baltimore Goes 'In A Different Direction' Reversing EV Deal From 2024

Tesla is losing an EV city fleet deal in Baltimore to Ford. A look at what happened and how politics may have factored into the decision.

Critical AI Event Could Send These 5 Stocks Into Orbit - Ad

Jeff Brown, a tech legend, predicts we could have a new AI market shock as soon as May 21st. And this is all happening after a shocking AI announcement President Trump made just after his return to the White House.

Washington Post columnist quits after her opinion piece criticizing owner Jeff Bezos is rejected

A columnist who has worked at The Washington Post for four decades resigned on Monday after the newspaper's management decided not to run her commentary critical of owner Jeff Bezos' .

Wall Street Pioneer's AI Warning: "I thought we had more time..." - Ad

A radical new AI development is about to blindside millions of Americans. This early pioneer just issued an urgent warning explaining everything.

US envoy visits Moscow for ceasefire talks that a Russian official says would help Ukraine

An envoy of U.S. President Donald Trump arrived in Moscow on Thursday for talks on an American-proposed that Ukraine has accepted but which a senior Russian official said would help Kyiv by giving its a break, three years after .

The Gold Shift No One's Talking About - Yet - Ad

Massive gold shipments are quietly moving from London to the U.S.--no headlines, no explanations. Could a full-scale audit or a new gold-backed system be coming? Smart money isn't waiting. My gold strategy is already doubling physical gold's returns this year.

Elon Musk Says Ukraine Behind 'Massive Cyberattack' On X: 'We're Not Sure Exactly What Happened...'

Elon Musk stated that the reported "massive cyberattack" that his social media account X faced on Monday is suspected to have originated from Ukraine.

What's Going On With Gap Stock Friday?

Gap stock is trading higher on Friday after the company reported fourth-quarter earnings on Thursday after the market closed.

13-Second Trump Video Could Trigger AI Shock - Ad

Louis Navellier, the legendary investor who picked Nvidia before shares exploded as high as 3,423%... Just released a video with this 13-second Trump clip about the current AI boom. Please, do NOT buy any AI stock before watching that clip. What President Trump said in that clip could have implications for this AI boom.

Why United Airlines (UAL) Stock Is Down 15% This Week

United Airlines shares are trading lower by 15% since Monday's open. The stock is down amid rising trade tensions, higher costs and global uncertainty.

Japan's Seven & i sells retail business to Bain Capital for $5.4 billion, plans IPO

Japan’s Seven & i, the parent company of the Japanese 7-Eleven convenience store chain, said Thursday it is selling its supermarket store assets to Bain Capital for about $5.4 billion.

Forget Nvidia - This Odd Tariff Play Is Now Going Viral - Ad

As President Trump slaps China with new tariffs, the Fed is boxed in--and gold is skyrocketing just like it did during Trump's first term. JPMorgan just grabbed $4 Billion in gold bars... should you? Discover a "Tariff Assistance Loophole" to move funds from your IRA & 401(k) into gold--tax-free!

Greenland in facts and figures

NUUK, Greenland (AP) — is having a moment in the spotlight as U.S. President Donald Trump maneuvers to gain control of the mineral-rich Arctic country. Here are some facts and figures about it:

Trump's Secret Plan to Reboot the Dollar Leaked? - Ad

Steve Bannon let slip 3 shocking words--and Wall Street panicked. According to Bannon, President Trump is poised to restore the gold standard, reset the dollar, and send gold soaring. Position yourself before it's too late! Claim your free 2025 Gold Guide and discover the Trump Loophole to move funds from your IRA & 401(k) into gold--tax-free!

Trump's Economic Plan Is Driving a "Golden Anomaly" in Tiny Gold Miners - Ad

Trump's plan to revalue gold and decrease the US debt burden is causing a major dislocation in four small gold miners. Some 30 million ounces of gold have left London for the US. If you want to know why - and why four little-known gold miners are up 136% in just the last 12 months while major gold ETFs have barely moved...

Cathie Wood Stands By 'Deflationary Boom' Call As Gene Munster Compares Market Turmoil To Dot-Com Bubble

Ark Funds CEO Cathie Wood forecasts a "deflationary boom" as markets tumbled on Monday, with the Magnificent Seven tech stocks shedding approximately $780 billion in market capitalization.

Elon Musk's SpaceX Successfully Catches Super Heavy Booster With 'Mechazilla,' But Starship Upper Stage Lost In Test Flight

SpaceX marked a significant advancement in rocket reusability on Mar. 7 when the launch tower successfully caught its Super Heavy booster during Starship's eighth test flight, though the mission ended with the loss of the Starship upper stage.

Globetrotting CFA Discovers Top Four Gold Miners With 100X Upside Potential - Ad

Most CFAs sit at a desk... But one unusual CFA went all-in on gold investing 20 years ago... and accidentally positioned himself as the expert's expert for the current bull market. Garrett Goggin's research has led him to the the Top Four miners sitting on potential upside of 100X or more for the current gold mania. He's been offered as much as $100k by Hedge Funds.

Apple Delays Next-Gen Siri: 'It's Going To Take Us Longer Than We Thought' To Deliver AI Upgrades

Apple has delayed its next-gen Siri upgrade, citing the need for more development time, while internal reports suggest significant issues could push the AI-powered features back until iOS 20 or later.

What should you be doing to "AI-Proof" your retirement? - Ad

AI is creeping into every aspect of our daily lives... According to billion-dollar fund manager Louis Navellier, it's never been more important to AI-proof your wealth. He lays out three simple steps to take ASAP in his new video.

Europe-Based UCB's Bimzelx Data Reveals Sustained Skin Clearance In Inflammatory Skin Disorders

UCB's Bimzelx shows sustained efficacy in psoriasis and hidradenitis suppurativa, with high skin clearance rates and improved symptoms over long-term trials.

Fashion trends for fall: Big shoulders, even bigger coats and a color story to dye for

PARIS (AP) — Paris has spoken, and fashion’s final authority has laid down the law: This coming fall, it’s all about power shoulders, enveloping outerwear, and a color palette that runs from somber to surreal.

Tech Legend: "Buy These AI Stocks Before May 21st" - Ad

While everyone is distracted by Trump's tariffs and a potential trade war...There's something much bigger scheduled on May 21st... And it could have huge implications for AI stocks and the market overall. This announcement could end the recent correction... And send these five stocks exploding higher.

AstraZeneca Seals Deal For EsoBiotec To Advance Cell Therapy: Details

AstraZeneca PLC has agreed to acquire EsoBiotec SA, a biotech company specializing in in vivo cell therapies. The $1 billion deal includes an initial payment of $425 million, with additional contingent consideration.

Man Who Predicted 2008 Crash Issues Dire Warning: "Get Out of Stocks Now" - Ad

Tech stocks are tanking--Nvidia down 30%, Tesla 50%--and ex-Wall Street CEO Dylan Jovine says it's about to get worse. He predicted the 2008 crash & made 700% gains while the market collapsed. Now, he's moving millions into a billionaire safe haven--and revealing his 4-step strategy. Don't wait!

Cathie Wood-Led Ark Invest Roblox, Roku, UiPath As Markets Take A Dip

Ark Invest made significant trades on Friday, selling shares of RBLX, ROKU, PATH and buying shares of IBTA, PSNL, ABSI, and RXRX.

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 trendadvisor.net
Privacy Policy | Terms of Service