Goldman Sachs: Gold to Hit $3,700 by End-2025 as Safe Haven Demand Grows
Goldman Sachs has increased its gold price forecast for the end of 2025 to $3,700 per ounce, up from its previous prediction of $3,300. The bank cites higher-than-expected demand from central banks and increased ETF inflows driven by recession concerns. Goldman notes that if a recession occurs, gold prices could…
In Crazy Times Gold Ain’t So Crazy
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
Trump Orders Military To Seal Southern Border As US Accelerates Hemispheric Defense
Trump Orders Military To Seal Southern Border As US Accelerates Hemispheric Defense Days after NBC reported that the Trump administration had considered launching drone strikes on drug cartels in Mexico, President Trump issued a memorandum Friday night to the heads of four federal departments, expanding the U.S. military’s role in securing the southern border in accordance […]
Last Gasp Of The Landfill Economy
Last Gasp Of The Landfill Economy Authored by Charles Hugh Smith via OfTwoMinds blog, It seems we’re supposed to mourn the last gasp of The Landfill Economy. Perhaps we should celebrate its demise. Globalization’s great gift wasn’t low prices–it was the collapse of durability, transforming the global economy into a Landfill Economy of shoddy products made of low-cost […]
Gold Posts Strongest Three-Day Gain Since 2020
Gold prices have surged over 8% in the past three days, marking the largest three-day rally since March 2020, as investors seek safety amid market turbulence caused by global trade war concerns. While traditional safe havens like the US dollar and Treasury bonds declined this week, gold has continued to…
The Asymmetric Gold Trade
The Asymmetric Gold Trade Authored by Jim Rickards via Investors Daily, Gold has reached a new all-time high, surpassing $3,200 per ounce. I anticipate it could climb even higher in the near future. Gold’s going up against the dollar, meaning it takes more dollars to buy an ounce of gold. If you’re long dollars and […]
Safe Haven Rush: Gold Breaks $3,200 Barrier Amid Tariff Chaos
Gold prices reached an unprecedented high exceeding $3,200 an ounce, climbing as much as 1.9% to $3,237.89 on Friday and continuing a weekly increase of about 6%. This surge highlights gold’s status as a financial safe haven during economic uncertainty. The primary driver has been President Trump’s inconsistent tariff policies,…
Goldman Sachs Forecasts Gold Surge to $4,250 as Recession Shield
Goldman Sachs’ co-head of global commodities research, Daan Struyven, recommends gold as an attractive hedge against recession risks. Despite recent volatility, Struyven maintains a bullish outlook on gold, forecasting prices could reach $4,250 per ounce during a recession. He suggests that gold can help mitigate against potential recession drivers, including…
Dollar Crashes to Six-Month Low | Gold to $3,200
Global markets are experiencing significant volatility as the trade war between the US and China intensifies. The US dollar has suffered its worst four-day decline in over two years, sinking 1.2% to a six-month low. In response to US actions, China has dramatically increased tariffs on American goods from 84%…
Citi’s Former Global Strat Head: Gold More Room To Run
Citi’s Former Global Strat Head: Gold More Room To Run “[Gold] is certainly a large position in my portfolio.” That was Matt King, former head of global strategy for Citibank, from last night’s deep dive into the global trade war. ZeroHedge hosted King and Alastair Pinder, head of emerging markets and global equities for HSBC, […]