Gold is projected to gain momentum in the latter half of 2025 as the Federal Reserve resumes rate cuts. However, the current spotlight is on how President-elect Donald Trump’s proposed tariffs are dramatically impacting the global silver market, according to Daniel Ghali, Senior Commodity Strategist at TD Securities. In a recent interview, Ghali highlighted an […]
Gold is a Stable Hedge Against Tariff-Driven Inflation and De-Dollarization The global economy is experiencing profound changes as nations challenge established trade and currency norms. The BRICS coalition—comprising Brazil, Russia, India, China, South Africa, and recent additions like Iran and the UAE—has taken steps to reduce the U.S. dollar’s influence. In this evolving landscape, gold
Gold Hedges Tariff Inflation & De-Dollarization Read More »
In a bold move to tackle what he sees as a monumental task, Elon Musk has invited former U.S. Congressman Ron Paul to join the newly formed Department of Government Efficiency. Musk, who has been tapped by President-elect Donald Trump to lead the initiative alongside entrepreneur Vivek Ramaswamy, has stated that cutting wasteful spending is
I have seen more than my fair share of financial crises during my time in the U.S. government. I was the assistant secretary of the U.S. Treasury for financial institutions during the 9/11 terrorist attacks and chair of the Federal Deposit Insurance Corp. during the 2007-2008 financial crisis. The U.S. government resorted to deficit-financed spending
U.S. Debt Could Drive the Next Financial Crisis Read More »
The gold market continues to consolidate near its record above $2,750 an ounce. Despite the precious metal’s 33% rally so far this year, one analyst says this is still the calm before the storm, and now is the time for investors to be overweight in commodities, specifically gold. In a recent interview with Kitco News,
Gold Shines as the US Dollar is Being Treated Like Monopoly Money – abrdns Robert Minter Read More »
The yellow metal, which has become increasingly attractive as other traditional “safe haven” assets face mounting risks. According to strategists at Bank of America, investors – which includes central banks – should rotate into gold as a form of wealth protection against stubborn inflation and debt debasement caused by endless fiat printing and government borrowing.
Gold Shines as Ultimate Safe-Haven Asset, Set to Hit $3,000/oz by 2025 – Bank of America Read More »
The start of the Fed’s rate-cutting cycle means interest rates are coming down and the dollar will start to wane, said GraniteShares Advisors founder Will Rhind. “That’s good for gold,” he said in an interview. “The next kick-up for gold will be if there’s a sense that we’re heading into recession, and the fear factor
Gold Rises to Record After Fed Makes First Rate Cut Since 2020 Read More »
The combination of geopolitical risks, fiscal concerns, and monetary policy shifts form a bullish case for gold as a hard asset regardless of who wins the election in November, according to Ole Hansen, Head of Commodity Strategy at Saxo Bank. He said that “Trump wants to cut taxes with no credible plans for reducing spending,”
Trump vs Harris: Gold wins either way – Saxo Bank’s Hansen Read More »
Key Factors Affecting Gold: Geopolitical Tensions and China’s Economic Issues Drive Gold Demand. US Nonfarm Payrolls (NFP): The US added 142,000 jobs in August, falling short of the 160,000 forecast, indicating a softer labor market. Unemployment Rate: Dropped to 4.2%, with wage inflation rising to 3.8%. Fed Rate Expectations: Markets now see a 70% chance
Gold Eyes $2,500 Amid China’s Deflation; Silver Surges on $970M Acquisition Read More »
Even as gold prices set new all-time highs, net purchases by central banks more than doubled to 37 tonnes in July, and demand is expected to remain strong over the coming months, according to Krishan Gopaul, Senior Analyst, EMEA at the World Gold Council (WGC). “In total, seven central banks added gold (of a tonne
