20 Million Jobs at Risk: The Urgent Need to Formalize Small-Scale Gold Mining
Artisanal and Small-Scale Gold Mining (ASGM) produces 20% of global gold and employs 20 million people across Africa, Asia, and Latin America. Yet 85% operates outside the law, leaving it open to criminal exploitation. The World Gold Council reports that criminal networks use informal gold mining to fund illegal activities,…
Citi Forecasts Gold to Settle at $3,100-$3,500 in Q3 as Rally Cools
Investment bank Citi has revised its gold price outlook, expecting the precious metal to consolidate in the $3,100-$3,500 range during the third quarter of 2025. This represents a moderation from the April peak of $3,500 per ounce, with prices already dropping over $100 since Citi lowered its near-term target from…
HSBC Raises Gold Price Targets but Warns Rally May Have Peaked
HSBC analysts have raised their gold price targets but warn that the metal’s impressive rally may be losing steam. While they expect gold to reach $3,215 per ounce in 2025 (up from their previous $3,015 forecast), they believe most of the gains are already behind us. High prices have boosted…
Dollar Plunges to Multi-Year Lows as Trump’s $3.3 Trillion Budget Plan Sparks Debt Fears
The U.S. dollar fell sharply on Tuesday, particularly against the Japanese yen and Swiss franc, as concerns grew over President Trump’s proposed $3.3 trillion tax-cut and spending bill. The dollar hit a 10-year low against the Swiss franc and approached a one-month low versus the yen. Meanwhile, the euro climbed…
HSBC Warns Gold Rally Running Out of Steam as Safe-Haven Demand Fades
After reaching a record $3,500 per ounce in April, gold has lost momentum and pulled back approximately 5%, puzzling analysts who expected geopolitical volatility and dollar weakness to drive prices higher. HSBC’s chief precious metals analyst James Steele sees this as the beginning of a larger correction, joining other analysts…
Safe-Haven Gold Rallies 1.4% Amid U.S. Fiscal Concerns and Trade Tensions
Gold prices jumped over 1% on Tuesday, reaching $3,349.32 per ounce, as investors sought safety amid growing uncertainties. The weaker U.S. dollar made gold more attractive to international buyers, while concerns about potential U.S. tariffs and the country’s fiscal outlook drove demand for the precious metal. President Trump’s pressure on…
Can Stablecoins Save the Dollar? Why Central Banks Are Betting on Gold Instead
The financial world is witnessing an unprecedented shift. Professional traders are shorting the U.S. dollar at levels not seen in 20 years, while central banks buying gold at record rates signal a deeper loss of confidence in fiat currency. In a recent episode of The GoldSilver Show, Mike Maloney and…
Senate Version Of Trump Tax Bill Adds $3.3 Trillion To Deficit, $500BN More Than The House; Debt Ceiling Raised By $5 Trillion
Senate Version Of Trump Tax Bill Adds $3.3 Trillion To Deficit, $500BN More Than The House; Debt Ceiling Raised By $5 Trillion The Senate version of President Trump’s Big, Beautiful Bill (BBB) will add nearly $3.3 trillion to US deficits over a decade, according to the latest estimate from the Congressional Budget Office, half a […]
Trump Demands Fed Rates Be Cut in Half, Calls Powell “Stupid” in TV Interview
President Trump criticized Federal Reserve Chairman Jerome Powell on Sunday, claiming he’s keeping interest rates “artificially high” and calling him a “stupid person.” Trump believes rates should be at 1-2% instead of the current 4.25-4.5% range. The President said he won’t appoint a new Fed chair unless they agree to…
Australian Scientists Crack the Code: Safe Gold Extraction Without Toxic Chemicals
Australian researchers have created a toxin-free method to extract gold from ore and e-waste. The breakthrough uses a safe water treatment compound activated by saltwater to dissolve gold, which is then captured by a reusable polymer. This eliminates the need for deadly chemicals like cyanide and mercury that have long…