Mali Breaks Ground on Regional Gold Refinery to End Decades of Raw Ore Exports
Mali has broken ground on a new gold refinery backed by Russia’s Yadran Group and a Swiss investment company. The 200-ton capacity facility, in which Mali holds a controlling stake, represents a major shift in how the West African nation manages its gold resources. Once operational, all gold mined in…
CBO Analysis: Trump Tax Cuts to Add $2.8 Trillion to National Debt
President Trump’s tax cuts package would increase federal deficits by $2.8 trillion over the next decade, according to a new Congressional Budget Office analysis that factors in economic impacts. This is higher than the earlier estimate of $2.4 trillion and includes $441 billion in additional interest payments on federal debt….
Silver Just Did Something It Hasn’t Done Since 2011
Yesterday marked a significant milestone for precious metals investors: silver closed above $37.12, a level not seen since 2011. This breakthrough represents more than just another number — it’s the confirmation of a major technical breakout that Mike Maloney predicted months ago. The “Slingshot Move” Unfolds Back when silver was…
Fed Expected to Keep Rates Unchanged as Economic Uncertainty Persists
Federal Reserve policymakers are widely anticipated to hold interest rates steady at their Wednesday meeting, continuing their cautious approach amid economic uncertainty. The central bank has kept rates in the 4.25%-4.5% range since earlier this year, as officials seek more clarity on how government policy changes—especially trade tariffs—will affect the…
Gold Dips Ahead of Fed Decision While Middle East Tensions Provide Support
Gold prices dropped slightly on Wednesday as investors held back before the Federal Reserve’s interest rate decision. While the Fed is expected to keep rates unchanged, traders are looking for hints about future rate cuts. The ongoing Israel-Iran conflict is preventing gold prices from falling too much, as geopolitical tensions…
Republicans Split on Senate’s $5 Trillion Debt Ceiling Tax Package Despite Business Wins
The Senate Finance Committee has released its version of President Trump’s major tax bill, featuring significant changes from the House version. Key business wins include permanent corporate tax deductions for capital investments and interest expenses, though a controversial “revenge tax” on foreign businesses remains. The bill includes modified provisions for…
Dollar Crisis Looms as Trump’s Policies Send Gold Soaring Past $3,400
Trump’s economic policies are driving gold prices higher by undermining confidence in the US dollar. His massive tax cuts are adding $2.5 trillion to the deficit over the next decade, while he pressures the Fed to cut rates and floats ideas about restructuring foreign-held US debt. Despite factors that should…
Citi Says Gold Could Drop 20% by 2026
After a remarkable year that saw gold prices surge nearly 30% and hit record highs, Citigroup analysts are calling for a significant pullback in the precious metal. The bank forecasts gold will retreat from its current $3,388 per ounce to a range of $2,500-$2,700 by the second half of 2026….
Gold Has Entered Its Third and Final Stage: Why $10,000 Per Ounce Could Be Coming
For two decades, Mike Maloney has been waiting for this moment. The bestselling author of The Great Gold and Silver Rush of the 21st Century believes gold has just entered the third and final stage of its massive bull market — the stage where it makes its greatest gains in…
Gold Rallies on Iran-Israel Escalation as Investors Seek Safety
Gold prices increased on Tuesday as tensions between Israel and Iran drove investors toward safe-haven assets. Spot gold rose 0.1% to $3,386.29 per ounce. The conflict has escalated to concerning levels, with Jordan’s King Abdullah warning of global threats. Meanwhile, investors are watching the Federal Reserve’s upcoming policy meeting on…