Barnes Group B

$B you’d think Gold was down today. I live in bizarro world.

$JNUG $SLV $GLD $NEM $B Guess the amount of subsidies for this India investment in Iowa ? Can then guess what the tax burden for each job that is created by this will cost the US tax payers ? The devils in the boring details Using the 1,750 permanent-job figure & the $1.36 billion maximum Iowa incentive package, the arithmetic is striking Cost per permanent job $1.36 billion ÷ 1,750 permanent jobs = ~$777,000 per permanent job. Breaking down the $1.36 billion The preliminary package presented to lawmakers was approximately: $1.145 billion — investment tax credits $154.35 million — sales-tax refunds $60.5 million — withholding-tax credits Total: ~$1.36 billion The Iowa project is part of an $18 billion investment in the U.S. by India’s Essar Group, which the company calls the largest single investment in a steel complex in American history which will have significant subsidies on the backs of US taxpayers. There's other tax incentives https://www.reuters.com/business/trump-unveil-planned-15-billion-iowa-steel-project-2026-09-28/?utm_source=chatgpt.com https://www.instagram.com/p/DeFlvobmhW2/

$GLD $JNUG $SLV $B $NEM That $200 billion "investment" announced last wk: KBS reports that Kim lodged a strong protest w/Lutnick & said the 2 govts had AGREED ONLY TO PROCEED W/THE Alaska project if its commercial viability could be established; no investment amount had been agreed South Korean Industry Minister Kim Jung-kwan said Thursday that Seoul had expressed regret to U.S. Commerce Secretary Howard Lutnick because the U.S. announcement about Alaska LNG went beyond what the 2 sides had actually agreed Reuters independently reports the same point, saying Kim told Lutnick that the announcement went beyond the agreement. Reuters also reports that South Korea had not made a final decision on whether to invest in Alaska LNG or on the amount The Korean govt reportedly characterized the agreement as merely initiating a review of Alaska LNG, subject to commercial viability & domestic legal requirements https://www.bloomberg.com/news/articles/2026-10-01/korea-disputes-trump-s-claim-it-agreed-to-invest-in-alaska-lng

$B https://x.com/mining/status/2107142771664711905?s=46&t=DgglG6X8xxcIgqubj3GVgQ

$B Seems to be a bit undervalued now and I have done well on it. Any thoughts?

$SPY I mentioned a long time ago that margin compression was coming due to higher input costs. The SPY has already began its roll over internally. Here’s the crazy thing, it will still go higher. The issue, it will only fall further in due time. 30% correct will be a gift when it finally happens. It could fall further. I called for $750 2-3 years ago. That’s been a major resistance area. Now, here comes the blowoff the top move. $850? I still believe we could see SPY $580 Mainly due to margin calls, deleveraging from ETF’s and Hedge Funds, Stop losses getting triggered, Algo’s rebalancing and then FEAR selling. Get ready for a bumpy 2027. The only sectors churning FCF are miners and energy. Some call for energy to pullback in H1 2027? Either way, the FCF is unbelievable. Just wait until we see Q3 and Q4 earnings for the miners. Oh yeah, the SPY holds less than 5% I’ve got 85+% $B $EXK $ET $XOP https://x.com/ekwufinance/status/2106805390734168543?s=46

$JNUG $SLV $B $NEM $GLD Many new price increases & on average percentage increase about 13.7% "That’s a lot of price increases between a few weeks ago when we left for our trip and coming back to Walmart here today." "Things disappear for a while and then they come back at a higher price." "These seem to go up a couple pennies like every month or so." "Who knows what the price is going to be like next month, next week, or even tomorrow." "Lots of price increases at Walmart. I mean, I know some of them small, some of them actually kind of big." Soon you have to ask the question is inflation worse than a recession ? https://www.youtube.com/watch?v=uOaD42HMzl0

$SLV $B $JNUG $GLD $NEM The % of people who increased their retirement contributions fell from 55% in 2025 to 39% in 2026. ”This is the largest decline in in 6 years, potentially highlighting a momentum shift. If any finding cuts through the appearance of financial calm, it is this one.” More than 1 in 3 full-time workers, and nearly half of Generation Xers, say their job either only covers current expenses or is not enough to allow them to feel like they are on solid financial footing, according to a new Goldman Sachs Asset Management retirement report. More than 60% of workers are moonlighting with side gigs and contract work, mostly out of financial need. https://finance.yahoo.com/economy/article/more-americans-pull-back-on-retirement-saving-to-fund-todays-needs-goldman-report-132849507.html