The National Debt Hit $40 Trillion. Jefferies Just Turned Bullish on Gold.

The national debt crossed $40 trillion on August 18, five months after it crossed $39 trillion. Three days later Jefferies turned bullish on gold and named the fiscal arithmetic, not the Fed, as the reason. Here is the mechanism, and the one number almost nobody is quoting.

What Is Sound Money? Why the Dollar Lost 87% of Its Value Since 1971

Sound money is money whose supply cannot be expanded by decree, so it holds its purchasing power over time. The principle shaped the 19th-century gold standard. Since that constraint ended in 1971, the dollar has lost roughly 87% of its purchasing power.

Gold Fell and Silver Rose on the Same Report. Here Is the Mechanism.

Gold and silver opened Thursday down together, then split after one 8:30 a.m. data batch. The Philadelphia Fed hit a five-year high and Treasury yields reversed higher. Gold stayed lower. Silver climbed anyway. The difference is mechanical.

Trump Declared Economic War on Iran. Gold Barely Blinked. Here’s Why.

Trump declared economic war on Iran and oil jumped, but gold barely moved. Here’s the disconnect, and the five forces actually driving today’s metals market.

Rick Rule Sold 80% of His Silver. He Won’t Touch His Gold.

Rick Rule sold roughly 80% of his physical silver near $75 an ounce. He hasn’t touched his gold. The fifty-year natural resource veteran explains the framework that separates savings from speculation, why one metal earned a sell signal and the other didn’t, and what actually happens to the rest of your portfolio when gold spikes higher.

The Fed Just Confirmed a 9-3 Split. Then It Said Something Bigger.

The Fed’s July minutes confirmed a 9-3 vote to hold rates, but the real story came a few paragraphs later: Chair Kevin Warsh wants to cut FOMC meetings from eight a year to six. Gold and silver both jumped roughly 4% on the combined news — here’s the mechanism behind the move.

Vault Storage vs. Gold ETFs: Who Owns the Gold You Paid For?

A gold ETF share and a bar in a vault sound like the same investment. They’re not. One is a claim on a trust that only Authorized Participants can redeem for metal; the other is allocated ownership you can verify. Here’s what each option actually gives you, and what it costs.

Gold and Silver Are Climbing Today. The Textbook Says They Shouldn’t Be.

“Gold and silver are climbing today despite an AI-driven equity selloff and Treasury yields at a 19-year high — two forces that should be pulling them down. Here’s what’s actually driving the mismatch: a surprise Treasury buyback, a reconfirmed debt milestone, a split in investor flows, and a gold miner’s blockbuster earnings.

Gold Jumped 1.9%. Silver Jumped 2.7%. The Fed Hasn’t Said a Word Yet.

Gold jumped 1.9% and silver jumped 2.7% before the Fed’s 2 p.m. minutes even landed. The gold-silver ratio explains why silver led.

Silver Price Outlook August 2026: Down 47% and Barely Owned

Silver sits far below its January record while gold has barely corrected. Positioning data shows speculative crowding at the 20th percentile of 60 weeks. Silver is not broken. It is unowned.