Poland Leads Global Central Bank Gold Rush with 49-Tonne Purchase in Q1 2025

March 2025 saw central banks around the world continue their gold buying trend, with net additions of 17 tonnes. While countries purchased 35 tonnes in total, this was partially offset by 18 tonnes in sales. Poland emerged as the month’s biggest buyer, adding 16 tonnes to its reserves, with Kazakhstan and China also making significant purchases. For 2025’s first quarter, Poland dominates buying with 49 tonnes added, while Uzbekistan has been the most active seller, reducing holdings by 15 tonnes.

Fed Faces Pressure from White House as Job Market Outperforms Expectations

The April jobs report showed stronger-than-expected growth with 177,000 new jobs and steady 4.2% unemployment, supporting Fed Chair Powell’s cautious approach to interest rates. President Trump, however, is pushing for rate cuts, citing low inflation and decreasing costs in gas, groceries, and mortgages. While inflation has slowed to 2.6% in March, it remains above the Fed’s 2% target. Market traders now see June rate cuts as less likely, especially as economists warn that Trump’s tariffs could significantly impact the economy in coming months.

Goldman Analyst: China’s Pre-Holiday Gold Selloff Sends Prices Tumbling

Chinese investors sold nearly 1 million ounces of gold before China’s Labor Day holiday, causing gold prices to drop to their lowest in two weeks (around $3,200/oz). According to Goldman Sachs trader Adam Gillard, this reversed almost all positions bought the previous week and reduced China’s total gold holdings by 5%. Despite this selloff, China still holds about 40% of global open interest in gold. Gold remains a top-performing asset this year, up about 23% overall.

Morgan Stanley: Housing Market Revival on Horizon as Mortgage Rates Set to Decline

Morgan Stanley forecasts a steady decline in mortgage rates through 2026 as treasury yields are expected to drop. The housing market has stalled since 2022 when rates doubled from 3.5% to nearly 7%, remaining above 6.5% despite recent interest rate cuts. While the Federal Reserve influences mortgage rates, they’re more directly tied to 10-year treasury yields, which lenders use as pricing benchmarks. Treasury Secretary Scott Bessent has committed to lowering these yields to provide housing relief, potentially stimulating economic growth by revitalizing the long-dormant market.

Japan’s Finance Minister Suggests US Treasury Holdings Could Be Leveraged in Trade Talks

Japan’s Finance Minister Katsunobu Kato made notable comments stating that Japan’s massive US Treasury holdings (the largest of any foreign nation at $1.13 trillion) could potentially be used as a “card” in trade negotiations with the United States. While Kato didn’t suggest Japan is actively considering selling these holdings, his remarks represent an unusual public acknowledgment of this economic leverage. Financial experts called this “a very serious tactic to discuss publicly” that could impact markets, though initial market reaction was calm. These comments come during ongoing trade negotiations between Japan and the US, with talks expected to intensify in mid-May.

US Job Market Defies Tariff Concerns with April Growth

The April jobs report showed strong resilience in the US labor market despite President Trump’s recent “Liberation Day” tariff announcements. The economy added 177,000 jobs (exceeding the expected 138,000), while unemployment remained steady at 4.2%. Wage growth was slightly lower than expected. Transportation and warehousing sectors saw significant job increases, while federal government employment decreased. The Federal Reserve is unlikely to cut interest rates soon, as the job market appears stable. However, economists note this report may not fully reflect potential impacts from the April 2nd tariff announcements, as the data collection period largely preceded them.

Why Mike Believes Gold Could Triple by 2027

Mike Maloney and Alan Hibbard just released an eye-opening video — and if you’re serious about gold, you won’t want to miss it.  In it, they unveil new data from Mike’s updated Gold Bull Market Chart, showing striking similarities to the explosive run of the 1970s. Based on current trends, the trajectory suggests gold could potentially triple within the next two years.   This chart is pulled straight from Mike’s Amazon best-seller, The Great Gold & Silver Rush of the 21st Century — now updated with the latest data and market context. 

Precious Metal Imbalance: Gold at Premium While Platinum Trades at Historic Discount

Gold prices have reached historic highs, now trading above inflation-adjusted records from 1980 and significantly exceeding its long-term trend. However, history suggests gold purchased at such elevated prices often delivers poor returns. Currently, gold appears overvalued compared to other commodities, trading at record ratios against oil, silver, and especially platinum. Meanwhile, platinum is trading 25% below its 50-year average and at its cheapest-ever level relative to gold. While gold benefits from economic uncertainty and concerns about the dollar, industrial metals like platinum face challenges from potential economic downturns and the electric vehicle transition, though recent EV slowdowns and supply constraints […]

Precious Metal Imbalance: Gold at Premium While Platinum Trades at Historic Discount

Gold prices have reached historic highs, now trading above inflation-adjusted records from 1980 and significantly exceeding its long-term trend. However, history suggests gold purchased at such elevated prices often delivers poor returns. Currently, gold appears overvalued compared to other commodities, trading at record ratios against oil, silver, and especially platinum. Meanwhile, platinum is trading 25% below its 50-year average and at its cheapest-ever level relative to gold. While gold benefits from economic uncertainty and concerns about the dollar, industrial metals like platinum face challenges from potential economic downturns and the electric vehicle transition, though recent EV slowdowns and supply constraints […]

Economic Standoff: China Weighs U.S. Proposal While Demanding Tariff Cancellations

China’s Commerce Ministry has revealed it’s considering a U.S. proposal to discuss President Trump’s 145% tariffs, though Beijing warns against using talks for “coercion and extortion.” This development comes after Trump claimed discussions were already happening, which China had denied. The growing trade dispute has seen both countries implement punishing tariffs—145% from the U.S. and 125% from China—that analysts say could effectively halt trade between the world’s two largest economies. The timing is particularly challenging for China, which faces deflation, slow economic growth, and a property crisis. Despite public resistance, China has quietly exempted certain U.S. products from its retaliatory […]