Gold Reserves in London Stabilize as US Tariff Concerns Ease

According to the London Bullion Market Association (LBMA), gold reserves in London vaults rose marginally by 0.1% to 8,488 metric tons at the end of March. This small increase marks a significant change from previous months when gold was rapidly flowing from London to New York. The shift occurred after the US government excluded gold from broader import tariffs, narrowing the premium of Comex gold futures over London spot prices. Between December and March, market participants had been moving substantial gold supplies to the US to cover their Comex positions against the threat of tariffs, which President Trump had pledged […]

World Gold Council Shares March Monthly Report

According to the World Gold Council’s latest monthly report, gold reached a record $3,115/oz in March 2025, posting a 9.9% monthly gain despite dollar weakness. This rally was driven by euro strength, tariff-related geopolitical concerns, and strong ETF buying, with US funds leading at $6 billion (67 tons) in net inflows. The WGC report warns about declining market liquidity, similar to 2022 when quantitative tightening caused simultaneous bond and equity declines. However, today’s environment differs significantly with its combination of sticky inflation and slow growth (stagflation), continued central bank gold purchases, and renewed US ETF investor participation. Unlike traditional commodities, […]

Euronext CEO Reports Investor Exodus Amid Trade Tensions

Euronext CEO Stephane Boujnah has revealed that European investors are withdrawing physical gold assets from US storage facilities due to concerns over the Trump administration’s unpredictable trade policies. In a France Inter radio interview, Boujnah described markets attempting to adapt to what he called an “unrecognizable” United States. Global markets have suffered a $10 trillion decline following President Trump’s announcement of sweeping tariffs, creating widespread economic uncertainty. While some market stabilization occurred Tuesday as investors sought buying opportunities, tensions remain high with China pledging retaliation against any further US tariff increases. Boujnah observed that investors increasingly view Europe as offering […]

JUST RELEASED: Mike Maloney’s Critical Silver Price Prediction

Mike Maloney just made a rare public appearance at the Secrets of Syndication Conference, and his forecast for gold and silver might be the most important one he’s made in years. 

Jewelry Firm Titan Reports 25% Revenue Jump Despite Rising Precious Metal Prices

Indian jewelry giant Titan Company reported Monday that its fourth-quarter revenue grew 25%, outpacing last year’s 17% growth despite gold prices rising 15% in 2024. While the rising gold prices have caused middle-class consumers to cut back on discretionary spending, they haven’t deterred affluent Indians from purchasing gold ornaments for weddings or as investments. Titan’s jewelry business, which represents about 90% of total company revenue through brands like Tanishq and CaratLane, saw particularly strong growth in plain gold jewelry (up 27%) and gold coins (up 65%), demonstrating strong consumer preference for gold as both adornment and investment.

From ‘Pro-Growth’ Celebration to ‘My Bad’: Billionaire Ackman’s Market Reality Check

Wall Street is facing a harsh reality check as billionaire Bill Ackman publicly acknowledged his miscalculation regarding President Trump’s economic policies. After markets plummeted by nearly $6 trillion in a two-day rout, Ackman tweeted “My bad,” admitting he “assumed economic rationality would be paramount” and didn’t foresee Trump actually implementing his promised tariffs. This came as a stark contrast to Ackman’s post-election enthusiasm when he predicted Trump would lead “the most pro-growth, pro-business, pro-American” administration in his lifetime.

Five Unusual Features of 2025’s Stock Market Plunge

The current stock market decline stands out from previous downturns in several key ways. – Stable Earnings Forecasts: Wall Street earnings estimates have barely changed (down just 1.7% since early 2025) despite significant market drops, a pattern only previously seen during the 2020 COVID crash. – Consecutive Opening Declines: S&P 500 futures have opened down more than 1% for four straight sessions—something that’s only occurred once before, after Lehman Brothers failed in 2008. – Dollar Weakness: The U.S. dollar has weakened alongside stocks, breaking the post-2008 pattern where the dollar typically strengthens during market downturns. – Passive Investment Impact: The […]

China Vows to “Fight to the End” in Trump Tariff War

China has vowed to “fight to the end” against what it describes as US “blackmail” in the escalating global trade war initiated by President Trump’s sweeping tariffs. After China matched Trump’s initial “reciprocal” duties, he threatened to increase tariffs on Chinese imports to over 100%. Unlike China’s hardline stance, other Asian countries are taking more accommodating approaches, with Vietnam requesting a delay and Indonesia offering concessions on US imports. The EU has proposed 25% counter-tariffs on various US goods while remaining open to negotiating a “zero for zero” deal. The conflict has severely impacted financial markets, prompting warnings of potential […]

The $115 Trillion Economy Faces Dual Superpower Shocks

The $115 trillion global economy is caught between competing visions from the US and China, creating widespread uncertainty. Trump’s “Liberation Day” tariffs represent an aggressive attempt to reshape global trade in America’s favor, threatening to disrupt supply chains, raise import prices, and transform trade relationships worldwide. Meanwhile, China under Xi Jinping positions itself as the defender of rules-based trade while seeking new markets for its exports. The conflict has entered a dangerous escalation cycle, with Trump threatening additional 50% tariffs if China doesn’t roll back its 34% retaliatory duties. Bloomberg Economics analysis suggests China will likely redirect most of its […]

Safe Haven Shift: Why Gold Rises as Bitcoin Falls in 2025

From 2022 to 2024, gold and Bitcoin moved together as alternative assets, with gold gaining 67% while Bitcoin surged nearly 400%. However, in 2025, this relationship has broken down. While gold has gained 16% in 2025, Bitcoin has fallen more than 6% from its January peak of $109,000. Analysts argue Bitcoin’s previous growth came from major financial firms like BlackRock entering the market, along with government backing from El Salvador and US plans for a crypto reserve. Its recent decline stems from two factors: investors selling after positive news was already reflected in the price, and Bitcoin’s continued link to […]