Tony Patrone 214

Single Libra ♎ living in North Dallas. Enjoy entertaining. Going to restaurants like Pappadeaux and making margaritas 😁😎🍸
#DallasCowboys

IG:tom.patrone214

[ABC News @ABC]

The government "wasted" millions of dollars and failed to meet health, security, and use of force documentation requirements after it hastily propped up the nation's largest detention facility at Ft. Bliss in El Paso, Texas, a federal report says.
https://t.co/5t8EkWc0Xs

[Bloomberg @business]

Fresh produce prices are getting more volatile. https://t.co/zVkchNNve4

[NBA @NBA]

The stars are out for Game 4 at Madison Square Garden 🤩

[Wall Street Mav @WallStreetMav]

Anyone who thinks the gold rally is over isn’t paying attention to the US govt spending numbers.

In 2026 the US govt is spending 43% of all personal and corporate income taxes collected on interest payments for the $40 trillion national debt.

Gold is going MUCH higher.

[The Kobeissi Letter @KobeissiLetter]

American consumers are now facing 7%+ mortgage rates, 4.2%+ inflation, and a 30% loss in the purchasing power of the US Dollar since 2020.

Meanwhile, US CPI inflation continues to follow a similar trajectory as the late 1970s.

Will history repeat itself?

[The Kobeissi Letter @KobeissiLetter]

BREAKING: China bought +10 tonnes of gold in May, the largest monthly addition since January 2025.

This follows +8 tonnes acquired in April, marking their 3rd consecutive monthly net purchase.

China has now bought gold for 19 consecutive months, the longest streak since at least 2015, when its central bank began publishing more regular data on its gold reserves.

This brings China's official gold reserves to a record 2,331 tonnes, worth over 9% of their total FX reserves.

The country is also the 3rd-largest central bank buyer year-to-date, after Poland and Uzbekistan, with a total of +27 tonnes added.

China’s demand for gold is accelerating.

[The Kobeissi Letter @KobeissiLetter]

US home sellers are retreating from the market:

Delistings as a proportion of all US home listings rose to 5.8% in April, the highest since March 2020.

Excluding the 2020 pandemic, delistings have never been this high.

The absolute number of delistings rose +3.8% MoM, marking the 2nd consecutive monthly increase.

Atlanta led among the 50 most populous US metros, with 10.7% of April listings taken off the market, followed by San Jose at 9.3%, and Los Angeles and Dallas both at 7.8%.

This comes as inventory is rising faster than demand, with buyers gaining negotiating power and many sellers refusing to accept lower offers.

The housing market stalemate is intensifying.

[ABC News @ABC]

Across Texas, there are growing concerns as more and more barbecue joints announce they are closing their doors amid rising costs. https://t.co/JCftbsJcdb

[The Kobeissi Letter @KobeissiLetter]

BREAKING: Global central banks acquired +17 tonnes of gold in April, the 2nd monthly purchase this year.

This marks a sharp reversal from March, when central banks sold -30 tonnes of gold driven by Turkey and Russia.

Poland led purchases at +14 tonnes, bringing its year-to-date total to +45 tonnes, with gold reserves now at 595 tonnes.

China added +8 tonnes, the biggest monthly addition since December 2024, bringing official gold reserves to a record 2,322 tonnes, or ~9% of total reserves.

China has now purchased gold for 18 consecutive months.

Central bank demand for gold remains incredibly strong.

[Tony Patrone 214 @patane_thomas]

@InvestWithAkhil Oil

[Tony Patrone 214 @patane_thomas]

Shop Trusted Brands. Healthy Rewards. Best Overall Value, Healthy Products. https://t.co/5KsIIU6REH via @iherb

[Tony Patrone 214 @patane_thomas]

Cowboys vs. Lions https://t.co/cqdOYgChPH

[Tony Patrone 214 @patane_thomas]

Cowboys vs. Lions https://t.co/cqdOYgCPFf

[Tony Patrone 214 @patane_thomas]

Good Morning and Happy Tuesday All 🌞

Have an Awesome Day 🏝️ 🌊 🏄

[Tony Patrone 214 @patane_thomas]

This is the almost Full Buck Moon 🌚 rising over Dallas, Texas tonight! 7/20/24

[Tony Patrone 214 @patane_thomas]

Good Morning and Happy Friday All 🌞

Have an Awesome Day 🏝️ 🌊 🏄

[Tony Patrone 214 @patane_thomas]

Good Morning and Happy Thursday All 🌞

Have an Awesome Day 🏝️ 🌊 🏄

[Tony Patrone 214 @patane_thomas]

Good Morning and Happy Monday all 🌞

Make it a Great day 🏝️ 🌊 ☕