Barrick Cuts 2025 Gold Forecast as Mali Standoff Deepens Over Mining Rights
Barrick Mining has excluded its Mali gold complex from its 2025 production targets following a major dispute with Mali’s government over new mining laws. The Loulo-Gounkoto complex, which represents 14% of Barrick’s total output, has been shut down since January after Mali blocked gold exports and detained staff. The dispute…
Silver Is Flashing a Rare Signal — And History Says Gold Investors Should Pay Attention
“The last time I saw silver behave like this, gold went on a historic run.” That’s how Mike Maloney opens his latest video analysis — and if you’ve been watching the precious metals markets, you know Mike doesn’t make statements like this lightly. With decades of experience analyzing precious metals…
700,000 Zimbabwe Miners Strike Gold as Prices Hit Historic Highs
The global gold price rally, which reached record levels this year as investors sought safe-haven assets during trade uncertainties, is transforming rural Zimbabwe’s economy. Over 700,000 informal miners are capitalizing on the precious metal’s high value, creating a vital source of income for communities across the country’s gold-rich regions. This…
Gold Climbs 1% as Investors Seek Safety
Gold prices surged to their highest level in a week on Thursday, climbing 1% to $3,382.61 per ounce, as multiple factors drove investors toward the safe-haven asset. The rally was fueled by escalating Middle East tensions, with President Trump warning about the region becoming “dangerous” and announcing the evacuation of…
Gold Surges to $3,385 as Israel-Iran Tensions and Trump Tariff Threats Rattle Markets
Gold jumped to $3,385.27 per ounce Thursday (up 0.9%) as global markets reacted to two major developments: • Middle East tensions escalated with reports of Israel preparing military action against Iran, prompting partial US embassy evacuations in Iraq. Iran announced new uranium enrichment plans after UN censure. • President Trump…
Rising Debt, Rising Doubts: Why Investors Are Questioning U.S. Treasury Bonds
Despite Treasury Secretary Scott Bessent’s recent assurance that the U.S. will “never” default on its debt, history tells a different story. The U.S. has actually failed to meet its financial obligations several times since 1789, including during the War of 1812, the Civil War, and the 1933 gold clause abrogation…
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…