Yesterday marked a significant milestone for precious metals investors: silver closed above $37.12, a level not seen since 2011. This breakthrough represents more than just another number — it’s the confirmation of a major technical breakout that Mike Maloney predicted months ago. The “Slingshot Move” Unfolds Back when silver was trading in the $33 range, Mike Maloney identified what he called a “slingshot move” pattern forming in the charts. His analysis suggested that once silver broke through key resistance levels, it would accelerate rapidly through multiple price points. That’s exactly what we’ve witnessed. In recent weeks, silver has: Why $37.12...
For two decades, Mike Maloney has been waiting for this moment. The bestselling author of The Great Gold and Silver Rush of the 21st Century believes gold has just entered the third and final stage of its massive bull market — the stage where it makes its greatest gains in the shortest period of time. “I’ve been waiting a long time for this,” says Maloney, who started investing in gold in 2002 and founded GoldSilver in 2005. “And the evidence is there.” The Three Stages of Gold’s Bull Market According to Maloney’s analysis, every major gold bull market follows three distinct...
“The last time I saw silver behave like this, gold went on a historic run.” That’s how Mike Maloney opens his latest video analysis — and if you’ve been watching the precious metals markets, you know Mike doesn’t make statements like this lightly. With decades of experience analyzing precious metals cycles, Mike has developed an uncanny ability to spot patterns that most investors miss. And right now, he’s seeing something that’s only appeared twice before in the past 40 years. Both times, investors who recognized this pattern early had the opportunity to dramatically increase their gold holdings — without buying...
The euro zone achieved its inflation target in June, with consumer prices rising 2% year-over-year according to Eurostat’s flash data. This marks a slight increase from May’s 1.9% reading and aligns perfectly with the European Central Bank’s goal. Core inflation remained steady at 2.3%, but services inflation edged up to 3.3%, signaling potential underlying price pressures. ECB Chief Economist Philip Lane indicated that the major inflation-fighting cycle is complete, though the bank will remain vigilant. Markets responded positively, with the euro gaining against the dollar. Despite external risks like oil price volatility and potential U.S. tariffs, economists expect the ECB...
Original Source: CNBC
The Senate just passed President Trump’s major tax and spending package, which extends the 2017 tax cuts and adds new tax breaks for workers earning tips and overtime pay. The bill raises the state and local tax deduction limit to $40,000 for five years and includes significant cuts to Medicaid that would affect nearly 12 million Americans. It also ends tax credits for electric vehicles and clean energy projects earlier than planned, while providing $50 billion for rural hospitals and major funding for defense and immigration enforcement.
...Original Source: Yahoo Finance
Gold held steady near $3,330 an ounce following a 2% gain over the previous two sessions, as markets digested the Senate’s approval of President Trump’s tax legislation that could expand the deficit by $3.3 trillion over the next decade. This fiscal expansion may enhance gold’s appeal as a safe-haven asset. Investors are now focusing on Thursday’s June employment report, which is expected to show slower job growth and higher unemployment – data that could strengthen the case for Federal Reserve rate cuts. Lower interest rates typically benefit gold since it doesn’t yield income. Despite Tuesday’s stronger-than-expected job openings data reducing...
Original Source: Bloomberg
Artisanal and Small-Scale Gold Mining (ASGM) produces 20% of global gold and employs 20 million people across Africa, Asia, and Latin America. Yet 85% operates outside the law, leaving it open to criminal exploitation. The World Gold Council reports that criminal networks use informal gold mining to fund illegal activities, while communities suffer from mercury pollution and human rights abuses. Governments lose tax revenue and face security threats. The solution: mercury-free processing plants that boost miners’ incomes, increase transparency, and help formalize the sector. Case studies from Peru and Tanzania show these facilities work. For success, governments must create smart...
Original Source: Gold.org
Investment bank Citi has revised its gold price outlook, expecting the precious metal to consolidate in the $3,100-$3,500 range during the third quarter of 2025. This represents a moderation from the April peak of $3,500 per ounce, with prices already dropping over $100 since Citi lowered its near-term target from $3,500 to $3,300 in mid-June. The bank cites easing geopolitical tensions in the Middle East and an improving global economic outlook as key factors behind the price moderation. More significantly, Citi predicts a longer-term bearish trend, forecasting gold to retreat to $2,500-$2,700 by the second half of 2026 as the...
Original Source: Yahoo Finance
Oil prices remained stable on Tuesday as markets balanced two key factors: the expected OPEC+ production increase in August and ongoing U.S. trade negotiations. Brent crude edged up to $66.79 per barrel while WTI rose slightly to $65.15. OPEC+ is anticipated to announce a 411,000 barrel-per-day output boost at their July 6 meeting, continuing their pattern of supply increases. Meanwhile, investors are closely monitoring U.S. tariff negotiations ahead of President Trump’s July 9 deadline, which could see rates jump significantly. Looking ahead, Morgan Stanley predicts oil prices could fall to around $60 by early 2025 due to oversupply concerns.
...Original Source: CNBC
HSBC analysts have raised their gold price targets but warn that the metal’s impressive rally may be losing steam. While they expect gold to reach $3,215 per ounce in 2025 (up from their previous $3,015 forecast), they believe most of the gains are already behind us. High prices have boosted supply while dampening demand for physical gold like jewelry and coins, which could limit further price increases. However, ongoing geopolitical tensions and potential trade conflicts may prevent a significant pullback, keeping gold prices at historically elevated levels.
...Original Source: Investing.com
The Senate’s version of the “One Big, Beautiful Bill Act” prioritizes tax relief and populist policies over deficit reduction, widening the budget gap by $3.3 trillion over ten years through $4.5 trillion in tax cuts and only $1.2 trillion in spending reductions. Key compromises include maintaining a $40,000 cap on state and local tax deductions while preserving workarounds. Fiscal watchdog groups like the Committee for a Responsible Federal Budget strongly criticize the legislation, warning that it adds nearly $4 trillion to the deficit (including $690 billion in extra borrowing costs) and creates dangerous precedents for future deficit spending. Republicans defend...
Original Source: Axios.com
U.S. Treasury yields moved lower during Tuesday’s trading session as market participants positioned themselves ahead of key employment reports. The benchmark 10-year Treasury yield decreased by nearly 2 basis points to 4.207%, with the 30-year yield falling more significantly to 4.75%. The 2-year yield saw minimal movement, dipping to 3.713%. With Independence Day closing markets on July 4, the crucial June payroll data will be released Thursday rather than Friday. Wednesday’s ADP private payrolls report will provide an early indicator of employment trends. Additionally, investors are monitoring President Trump’s comprehensive spending legislation, which narrowly passed a procedural vote in the...
Original Source: CNBC
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Past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections may not reflect actual future performance. All investments, including precious metals, involve risk and may result in partial or total loss. No conclusion of any type or kind should be drawn regarding the future performance of investments offered or managed by us based upon the information presented herein. Performance information presented has been prepared internally (unless otherwise noted) and has not been audited or verified by a third party. Information on this page is based on information available to us as of the date of posting and we do not represent that it is accurate, complete or up to date. See our complete disclaimers for additional details.
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485 Lexington Avenue, Suite 304 New York, NY 10017
[email protected]
(888) 319-8166
Se Habla Espanol
Past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections may not reflect actual future performance. All investments, including precious metals, involve risk and may result in partial or total loss. No conclusion of any type or kind should be drawn regarding the future performance of investments offered or managed by us based upon the information presented herein. Performance information presented has been prepared internally (unless otherwise noted) and has not been audited or verified by a third party. Information on this page is based on information available to us as of the date of posting and we do not represent that it is accurate, complete or up to date. See our complete disclaimers for additional details.
® 2025 GoldSilver, LLC All Rights Reserved
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