Timeless Wealth: How Gold and Silver Have Anchored Economic Stability for Centuries
Gold and silver have long been more than just coveted metals—they’ve been cornerstones of global commerce and monetary trust. Throughout history, civilizations relied on these metals not only for their beauty but for their unmatched ability to promote economic stability. For those exploring how gold silver economic stability continues to…
Elon Musk Threatens New Party as Congress Adds $4 Trillion: Why Gold & Silver Still Win
Remember Ross Perot? The businessman who showed up with charts, warning America about our dangerous debt trajectory? Now Elon Musk is channeling that same energy — but with 10x the influence and a very real threat that could reshape American politics. In the latest episode of The GoldSilver Show, Mike…
Strong June Jobs Report Pushes Gold Down 1% as Fed Rate Cut Timeline Shifts
Gold experienced a significant 1% decline on Thursday, falling to $3,325.48 per ounce, as robust U.S. employment data reshaped market expectations about Federal Reserve monetary policy. The June jobs report showed 147,000 new positions created, substantially exceeding economists’ predictions of 110,000. This economic strength led investors to reduce their expectations…
Gold Reverses Course After June Employment Numbers Beat Expectations
Gold prices dropped about 1% after the June jobs report showed stronger employment numbers than economists expected. The precious metal had been trading higher earlier in the day but reversed course following the data release. Despite the pullback, analysts remain optimistic about gold’s long-term prospects, with some predicting it could…
Texas Joins States Recognizing Precious Metals as Money Starting 2027
Texas Governor Greg Abbott has signed House Bill 1056, making gold and silver legal tender in the state starting May 1, 2027. The law allows residents to use precious metals for everyday transactions based on values determined by the state comptroller. While the legislation recognizes gold and silver as payment…
Silver Outshines Global Markets with 10% June Rally – July Could Be Even Better
Silver posted impressive 10% returns in June 2024, outperforming stock and bond markets in Japan, Europe, and the U.S. Historical data suggests this momentum could continue, as July has been silver’s strongest month over the past decade. Two key factors are driving silver’s gains: First, with gold up 43% over…
20 Million Jobs at Risk: The Urgent Need to Formalize Small-Scale Gold Mining
Artisanal and Small-Scale Gold Mining (ASGM) produces 20% of global gold and employs 20 million people across Africa, Asia, and Latin America. Yet 85% operates outside the law, leaving it open to criminal exploitation. The World Gold Council reports that criminal networks use informal gold mining to fund illegal activities,…
Citi Forecasts Gold to Settle at $3,100-$3,500 in Q3 as Rally Cools
Investment bank Citi has revised its gold price outlook, expecting the precious metal to consolidate in the $3,100-$3,500 range during the third quarter of 2025. This represents a moderation from the April peak of $3,500 per ounce, with prices already dropping over $100 since Citi lowered its near-term target from…
HSBC Raises Gold Price Targets but Warns Rally May Have Peaked
HSBC analysts have raised their gold price targets but warn that the metal’s impressive rally may be losing steam. While they expect gold to reach $3,215 per ounce in 2025 (up from their previous $3,015 forecast), they believe most of the gains are already behind us. High prices have boosted…
Dollar Plunges to Multi-Year Lows as Trump’s $3.3 Trillion Budget Plan Sparks Debt Fears
The U.S. dollar fell sharply on Tuesday, particularly against the Japanese yen and Swiss franc, as concerns grew over President Trump’s proposed $3.3 trillion tax-cut and spending bill. The dollar hit a 10-year low against the Swiss franc and approached a one-month low versus the yen. Meanwhile, the euro climbed…