Russia to Seize Top Gold Miner From Billionaire
Russian authorities are moving to seize control of Yuzhuralzoloto, the country’s fourth-largest gold mining company, from billionaire Konstantin Strukov’s family. The government claims Strukov illegally controlled these assets while serving as a regional parliament member, which violates Russian law prohibiting public officials from operating businesses. The company’s shares dropped 10%…
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…
Goldman Finds ‘Net Purchase Intent’ For Tesla Begins Recovery
Goldman Finds ‘Net Purchase Intent’ For Tesla Begins Recovery Wednesday marked delivery report day for Tesla and Rivian, as both electric vehicle makers posted figures reflecting ongoing pressure from waning demand and intensifying competition. Offering fresh insight and key takeaways to help assess the EV market is a new note from Goldman Sachs analysts led by […]
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…
NATO Chief ‘Totally Understands’ US Halting Weapons For Ukraine As Russia Celebrates
NATO Chief ‘Totally Understands’ US Halting Weapons For Ukraine As Russia Celebrates NATO Secretary General Mark Rutte spoke to Fox News in a Wednesday interview, reacting to the ‘shock’ White House announcement halting many arms and ammo transfers to Ukraine. Rutte said that he understands the United States’ need to safeguard its own defense stockpiles, […]
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…
The Last Time Gold Moved Like This Was 1929
The Last Time Gold Moved Like This Was 1929 Authored by Peter Reagan via BirchGold.com, Speaking on the Money Sense podcast, Alasdair Macleod chimed in on why he believes we are in an environment similar to 1929, or the start of the Great Depression. In recent times, we have seen things compared often to infamous economic downturns, […]
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…