Record Gold Stockpiling Masks True Impact on US Economic Outlook

The US goods-trade deficit is expected to remain near record levels, with February data likely showing a gap approaching $162 billion due to massive gold bullion imports to New York. These imports are surging as traders rush to acquire physical gold before potential Trump tariffs on precious metals take effect. Comex gold inventories jumped 25% in February after a 43% rise in January, reaching a record 42.6 million ounces—nearly double the end-of-2024 levels. While investment gold imports don’t impact GDP calculations (unlike silver imports), the widening trade deficit is still raising economic concerns. The Atlanta Fed’s GDPNow model projects the […]

Market signals historic wealth transfer opportunity

Currently, all 11 S&P sectors are in a bear market against gold – a rare signal that has preceded massive wealth transfers throughout history. 

Trump’s New Auto Tariffs Push Gold to Brink of All-Time High

Gold prices climbed sharply on Thursday, rising more than 1% to $3,053 an ounce—just shy of the all-time high of $3,057.21 set on March 20. The surge followed President Trump’s announcement of new 25% tariffs on imported cars and trucks, scheduled to begin next week, which has heightened global trade tensions. Gold, traditionally viewed as a hedge against uncertainty and inflation, has benefited significantly from this environment, gaining over 15% this year. Analysts attribute the rise to economic uncertainty driven by U.S. policy decisions, with WisdomTree’s Nitesh Shah describing gold as a “defensive, anti-fragile asset.” Investors are now focused on […]