Hello fellow Steemians. Let's follow up on my Sunday market commentary where I stated The pullback in the Dow should be bought (after putting out a sell in Jan. at 27000). The sentiment alone is very bullish so any decline should be well contained and bought. Was on the nose on Bitcoin as well, the sell, the hold, the buy.

Huge fly in the long term "ointment"? ANY consideration of protective tariffs will backfire and backfire bigtime. Especially when the Commodity giant (China) is absolutely devouring all commodiites...WHILE WE SLEEP.

![DQmV98PsiWCrn5ctbmFCYCckrXxScuNAEpXHusXLuzBEN2x.jpg](https://steemitimages.com/DQmV98PsiWCrn5ctbmFCYCckrXxScuNAEpXHusXLuzBEN2x/DQmV98PsiWCrn5ctbmFCYCckrXxScuNAEpXHusXLuzBEN2x.jpg) compliments capitalist visuals.

The chart of the various commodities tells it all. Just a side note, which may not sound like much: China is building one half of the world's over 650 story buildings as we speak. Meaningless? just think about it.

The last thing we need is a trade war. see the implications of the last big tariff deal below.
![Smoot-Hawley-and-the-Dow (1).jpg](https://steemitimages.com/DQmcrMdDGEmvVNjMiSeRZY6xt2BLE7p2LZC7pTKx8nnjtrk/Smoot-Hawley-and-the-Dow%20(1).jpg) 

compliments  Yahoo finance.com and Rick Ackerman.
The Smoot-Hawley disaster of 1930 and the consequences to the markets. We will have inflation, American good will increase in price, less to be purchased. China and others will reciprocate. A disaster in the making.

So while I am bullish here on stocks, watch the tariff situation carefully. You must have precious metal insurance at any rate. You'll be real glad you did.

Thanks for visiting...more to come probably over the weekend. UPVOTE!..and FOLLOW.

Tariffs NEVER work. You must compete. Work harder, smarter, undercut! But do NOT stop the competition from competing. We need these trading partners. China incidentally is so unenamored with us that they will in all liklihood DEMAND and soon, gold backed currency. Watch for metal prices to spike up bigtime and quite soon. Silver the best buy here of all. COMMERCIALS are now in the most bullish mode in 15 years. Shorts a being coverred.