China Opens $27B Insurance Gateway to Gold Market
China has launched a pilot program allowing ten major insurance companies to invest up to 1% of their assets in gold, potentially releasing $27.4 billion into the gold market. This historic policy shift, which began last Friday, comes as gold prices hit new records above $2,898 per ounce, driven by…
Silver Breaks $32 Mark as Dollar Retreats Amid Trade Tensions
Silver prices have surged to $32.30 as investors seek safe-haven assets following President Trump’s announcement of new steel and aluminum tariffs. The precious metal’s gains were further supported by a retreat in the US Dollar Index from 108.50 to 108.10. Technical analysis indicates a bullish outlook, with the 20-day EMA…
Gold Hits Seventh Record This Year as Trade Fears Mount
Global gold markets are experiencing a remarkable surge, with spot gold jumping 1.4% to reach a historic high of $2,903.08 per ounce – marking its seventh record this year. The rally is primarily driven by safe-haven demand following President Trump’s announcement of new steel and aluminum tariffs, along with plans…
Historic Gold Rally Hits $2,900 Amid Trump Tariff Plans
Gold hit a historic high of $2,903 per ounce following President Trump’s announcement of impending steel and aluminum tariffs. The surge reflects growing market uncertainty, with investors turning to gold as a safe haven. China’s increased gold reserves and new policy allowing insurers to invest in bullion further strengthen the…
Currency Markets Whipsaw as Trump’s Trade Plans Spark Safe-Haven Rush
Markets showed mixed reactions to President Trump’s latest trade announcement, with both the dollar and gold strengthening as safe-haven assets. The proposed 25% tariffs on steel and aluminum imports sparked volatility across markets, though US stock futures indicated a potential recovery from Friday’s decline. While the Bloomberg Dollar Spot Index…
Record Gold Prices Squeeze Out Chinese Buyers as $3,000 Looms
Despite being the world’s largest gold buyer, Chinese consumers are stepping back from purchases as prices approach $3,000 per ounce. While investment demand remains steady and the People’s Bank of China continues its gold purchases, jewelry sales have declined due to the combination of record prices, a weak yuan, and…
Record $5.2B Gold Deliveries Shock Comex in Minor Month
January 2025 has seen an unprecedented $5.2 billion in gold deliveries on the Comex, marking an extraordinary surge for a traditionally quiet minor month. What makes this particularly noteworthy is that 19,001 contracts have been delivered with three days still remaining in the month, a level typically associated with major…
A New Era for the Gold & Silver Bull Market
MBA is out of product, so their leaning on the central bank of London. There a different ways to look at it, as throughout the years, central banks have bought gold & silver. More talk on this in this week’s episode. Read More
‘Worse Than World War II’ – Visualizing US National Debt (As A Percent Of GDP) Since 1900
‘Worse Than World War II’ – Visualizing US National Debt (As A Percent Of GDP) Since 1900 This year, U.S. national debt is set to approach 100% of GDP, up from 36% in 2005. By 2035, the tab is projected to reach 118.5% of GDP as higher debt costs steepen the deficit, fueling further government […]
Gold’s Six-Week Rally Persists as Global Trade Concerns Deepen
Gold continues its bullish run, heading for a sixth consecutive weekly gain as new trade tensions spark safe-haven demand. The precious metal reached an all-time high of $2,882.16 on Wednesday, with spot gold trading at $2,865.36. The new administration’s commitment to tariffs has heightened global economic uncertainty, boosting gold’s safe-haven…