Citi Projects Gold at $3,000 as Trump Fuels Global Tension
Citigroup has upgraded its gold forecast to $3,000 per ounce within three months, reflecting mounting global instability and trade tensions sparked by Donald Trump’s policies. Currently trading at $2,867.15, gold’s bull run is fueled by multiple factors, including fears of economic slowdown, high interest rates, and potential new tariffs. The…
BOE Cuts Rates as UK Faces Stagflation Storm
The Bank of England delivered its third consecutive rate cut, lowering rates to 4.5% amid growing stagflation concerns. In a surprising split decision, two of nine committee members voted for a more aggressive 0.50% cut. The move came alongside a dramatic revision to economic forecasts, with 2024 growth expectations halved…
Gold’s 10% Surge Sparks New Era Speculation
Gold’s meteoric rise in 2025 marks its strongest start since 1980, with prices soaring to $2,870 per ounce amid what analysts describe as a perfect storm of economic conditions. The rally is underpinned by structural forces beyond traditional drivers like dollar weakness or Fed policy expectations. Central banks have emerged…
Gold Takes Breather After Historic 5-Day Surge
Gold’s unprecedented five-session rally took a momentary pause on Thursday, with spot prices steadying at $2,867.93 per ounce after reaching an all-time high of $2,882.16. The precious metal’s momentum remains strong, driven by mounting concerns over U.S.-China trade tensions and their potential impact on global economic growth. While technical indicators…
Pound Tumbles After Bank of England Cuts Rates While Warning Of Mounting Stagflation; Two Officials Vote For Bigger Cut
Pound Tumbles After Bank of England Cuts Rates While Warning Of Mounting Stagflation; Two Officials Vote For Bigger Cut While the Fed engages in navel-gazing how much Trump’s tariffs will raise inflation by, and according to Goldman the answer is by a whopping 0.5% to 2.6% (from 2.1% in the absence of tariffs)… … the […]
India’s Gold Market: Investment Up, Jewelry Down as Prices Rise
The World Gold Council projects a cooling in India’s gold consumption for 2025, marking a decline from last year’s nine-year peak of 802.8 metric tons. This shift is primarily driven by gold prices hitting record high levels, reaching 84,399 rupees ($968.62) per 10 grams, following a substantial 21% increase in…
Crypto Regulatory Pivot Accelerates: FDIC Releases 790 Pages Of Letters; SEC Dials Down Oversight, Reassigns Lawyers
Crypto Regulatory Pivot Accelerates: FDIC Releases 790 Pages Of Letters; SEC Dials Down Oversight, Reassigns Lawyers That’s quite a pivot… The Federal Deposit Insurance Corporation (FDIC), the regulatory body overseeing banks in the United States, has released 790 pages of additional correspondence related to firms offering crypto services to clients. According to the FDIC, the documents show requests […]
GoldSilver Turns 20! My Inside Story | Mike Maloney
Get the inside story of GoldSilver’s incredible 20-year journey – from Mike Maloney’s humble spare-bedroom startup to one of the world’s most trusted precious metals dealers. In this candid anniversary special, Mike reveals the company’s remarkable highs and devastating lows: launching during economic booms, battling through financial crashes, navigating ‘nuclear winters’,…
Treasury To Keep Debt Sales Unchanged For “Next Several Quarters”, Prepares To Drop Issuance Forward Guidance
Treasury To Keep Debt Sales Unchanged For “Next Several Quarters”, Prepares To Drop Issuance Forward Guidance In the first refunding announcement under Trump’s new Treasury Secretary Scott Bessent, the US Treasury unveiled that it will keep sales of longer-term debt unchanged well into 2025, despite Bessent’s criticism of Janet Yellen’s issuance strategy before he was […]
Fed Officials: No Rush to Cut Rates in Uncertain Climate
Federal Reserve officials Susan Collins and Raphael Bostic have signaled a cautious approach to further interest rate cuts, emphasizing the need to evaluate economic impacts of both recent monetary policy changes and new White House initiatives. Following three rate cuts totaling 100 basis points since September, the officials want to…