Gold Shines as Dollar’s Grip on Global Reserves Weakens to 58%
According to a new ECB report, the dollar’s role as the dominant global reserve currency is steadily eroding, falling from 68% to 58% over the past decade. In 2024 alone, it lost 2 percentage points of market share. However, the euro has struggled to capitalize on this shift, maintaining its…
The Hidden Chart Pattern That’s Predicted Every Silver Boom
Silver just flashed a rare breakout signal — Mike explains why this could lead to triple-digit prices.
Gold Strengthens 0.4% as Markets Await Inflation Data and Trade Progress
Gold strengthened on Wednesday, gaining 0.4% to reach $3,336.20 per ounce, as investors sought safe-haven assets amid continuing uncertainty over U.S.-China trade relations. While officials from both countries announced progress on a framework to revive their trade truce and eliminate China’s rare earth export restrictions, the lack of concrete resolution…
Precious Metals Rally Continues: Gold Up 25% in 2024 Amid Geopolitical Shifts
Gold demonstrated resilience by advancing to $3,340.83 per ounce even after US Commerce Secretary Howard Lutnick and China’s trade representative Li Chenggang announced a framework agreement to ease trade tensions following London talks. While such diplomatic progress typically weakens demand for safe-haven assets like gold, the metal’s continued strength suggests…
Precious Metals Mixed: Gold Stable While Platinum Retreats from 4-Year Peak
Gold markets found equilibrium near $3,330 an ounce as the second day of US-China trade talks in London signaled potential breakthroughs. The negotiations revealed possible compromises: America might ease technology export restrictions in exchange for China relaxing limitations on rare earth shipments. This diplomatic progress reduced immediate demand for safe-haven…
Congress Has Until Mid-August to Raise Debt Ceiling, New CBO Report Warns
According to the Congressional Budget Office’s latest estimate, the United States could face a financial crisis between mid-August and the end of September when the government’s special accounting measures to avoid breaching the debt ceiling are exhausted. This projection extends the deadline by approximately two weeks from the March estimate,…
Currency Markets Hold Breath as US-China Trade Negotiations Enter Critical Phase
Currency markets showed measured movements Tuesday, with the dollar holding steady near six-week lows as traders awaited outcomes from US-China trade negotiations in London. The talks, following a phone call between Presidents Trump and Xi Jinping, are addressing challenging issues including semiconductor export restrictions, rare earth minerals access, and student…
This Rare Silver Signal Has Preceded Every Major Silver Rally — And It Just Flashed Again
Is silver on the cusp of an explosive move? In a recent presentation, Mike Maloney revisited a long-standing chart pattern — one that has been over 45 years in the making — and delivered a bold forecast: silver’s breakout above $36 signals the beginning of what he calls a “slingshot…
Investors Play Both Sides: Why Stocks and Gold Are Rising Together in 2025
Gold and the S&P 500 are both nearing all-time highs simultaneously—a rare market event that reflects conflicting investor sentiments. While stocks typically signal optimism and risk-taking, gold represents safety and uncertainty hedging. This unusual tandem rise suggests investors are betting on both economic growth (driven by AI and potential Fed…
Precious Metals Mixed: Gold Gains While Markets Await Inflation Data, Trade Talk Results
Gold showed modest gains Tuesday, climbing 0.3% to $3,336.33 per ounce, as markets closely monitored ongoing US-China trade discussions in London and anticipated key inflation data. The talks, now in their second day, aim to ease tensions between the world’s two largest economies following reciprocal tariffs imposed in April. While…