Silver to $39.50: Up 9.4% Past 30 Days Invest in Silver Now  arrow small top right
close
register icon

Authenticity Questions Arise: Shanghai Bank’s Gold Bar Found Containing Suspicious Materials

Shanghai residents raised concerns after a customer discovered dark impurities inside a gold bar purchased from a bank when having it made into jewelry. Despite initial resistance from the bank, which blamed the jeweler and suggested tampering, the matching serial numbers on the gold bar and bank documents confirmed it was the original purchase. Financial regulatory authorities have since become involved, stepping in on Tuesday following the Wednesday incident. The bank, reportedly located in Shanghai’s Nanxiang area, has stated that verification processes are underway. Online commentators have noted the difficulty in distinguishing genuine gold from counterfeits, particularly since materials like tungsten have similar density to gold.

Fed Firestorm, Tariff Wars, and a Silver Surprise
News

Daily News Nuggets | August 27 — Fed Firestorm, Tariff Wars, and a Silver Surprise

Gold Retreats After Trump-Fed Showdown Gold prices pulled back Tuesday, settling around $3,340/oz after Monday’s spike that saw the metal briefly touch $3,370. The initial rally came as President Trump moved to oust Federal Reserve Governor Lisa Cook, sending traders scrambling for safe havens. Cook, one of the Fed’s three sitting governors, has been a vocal advocate for maintaining the central bank’s independence. But the dust is settling, and investors are now questioning whether this political theater will actually change monetary policy or if it’s just another round of Washington saber-rattling. When politicians pressure the Fed, markets get nervous —

Read More »
News

Powell Sounds Alarm: Tariffs and Immigration Curbs Create ‘Substantial Uncertainty’ for U.S. Economy

At the Jackson Hole conference, Fed Chair Powell outlined major challenges reshaping the U.S. economy. He highlighted that higher tariffs are already lifting prices in some goods categories, with core goods up 1.1% year-over-year after declining through 2024. Immigration restrictions have caused labor force growth to plummet, with payroll growth averaging just 35,000 monthly over three months. GDP growth slowed to 1.2% annualized in the first half of 2025, half of 2024’s pace. Powell warned these aren’t temporary fluctuations but structural changes that monetary policy can’t easily fix. The Fed unveiled its revised five-year framework, returning to flexible inflation targeting

Read More »
"Stocks HAMMERED...Is This a Trump Plan?" What About Gold?
News

Unprecedented Presidential Power Play: Trump Attempts First-Ever Firing of Fed Governor

President Trump attempted to fire Federal Reserve Governor Lisa Cook on Monday night, citing allegations of mortgage fraud. Cook immediately refused to resign, stating Trump lacks legal authority for the dismissal. The unprecedented move represents a major escalation in Trump’s efforts to control the Fed and push for lower interest rates. Legal experts predict an extensive court battle that could reach the Supreme Court, as no president has ever tried to fire a Fed governor before. The confrontation threatens the Fed’s political independence, which is crucial for fighting inflation.

Read More »

Latest News

Fed Firestorm, Tariff Wars, and a Silver Surprise
News

Daily News Nuggets | August 27 — Fed Firestorm, Tariff Wars, and a Silver Surprise

Gold Retreats After Trump-Fed Showdown Gold prices pulled back Tuesday, settling around $3,340/oz after Monday’s spike that saw the metal briefly touch $3,370. The initial rally came as President Trump moved to oust Federal Reserve Governor Lisa Cook, sending traders scrambling for safe havens. Cook, one of the Fed’s three sitting governors, has been a vocal advocate for maintaining the central bank’s independence. But the dust is settling, and investors are now questioning whether this political theater will actually change monetary policy or if it’s just another round of Washington saber-rattling. When politicians pressure the Fed, markets get nervous —

Read More »
News

Powell Sounds Alarm: Tariffs and Immigration Curbs Create ‘Substantial Uncertainty’ for U.S. Economy

At the Jackson Hole conference, Fed Chair Powell outlined major challenges reshaping the U.S. economy. He highlighted that higher tariffs are already lifting prices in some goods categories, with core goods up 1.1% year-over-year after declining through 2024. Immigration restrictions have caused labor force growth to plummet, with payroll growth averaging just 35,000 monthly over three months. GDP growth slowed to 1.2% annualized in the first half of 2025, half of 2024’s pace. Powell warned these aren’t temporary fluctuations but structural changes that monetary policy can’t easily fix. The Fed unveiled its revised five-year framework, returning to flexible inflation targeting

Read More »
"Stocks HAMMERED...Is This a Trump Plan?" What About Gold?
News

Unprecedented Presidential Power Play: Trump Attempts First-Ever Firing of Fed Governor

President Trump attempted to fire Federal Reserve Governor Lisa Cook on Monday night, citing allegations of mortgage fraud. Cook immediately refused to resign, stating Trump lacks legal authority for the dismissal. The unprecedented move represents a major escalation in Trump’s efforts to control the Fed and push for lower interest rates. Legal experts predict an extensive court battle that could reach the Supreme Court, as no president has ever tried to fire a Fed governor before. The confrontation threatens the Fed’s political independence, which is crucial for fighting inflation.

Read More »

Mary

Samantha is wonderful. I was nervous about spending a chunk of money. I asked her to `hold my hand’ and walk me through making my purchase.  
She laughed and guided me through, step by step. She was so helpful in explaining everything... 

A. Howard

Travis was amazing! I was having difficulty with a wire transfer of my life’s savings, and I was very worried that I might not be able to receive it all. My husband just passed away and I’ve been worried about these funds along with grieving for 8 months. As soon as I got connected with Travis, my concerns were immediately addressed and he put me at ease. The issue was resolved within days. He even called me back with updates to keep me in the loop about what was going on with the funds. I am so grateful for a customer representative like Travis. He really cares for his clients.

Sam was also very helpful! I called and was connected to Sam within 30 seconds. She helped me with a fee that was charged to my account. She had a great attitude and took care of the fee quickly.

talk to us

Get in Touch with GoldSilver Experts

    Michael G.

    Outstanding quality and customer service. I first discovered Mike Maloney through his “Secrets of Money” video series. It was an excellent precious metals education. I was a financial advisor and it really helped me learn more about wealth protection. I used this knowledge to help protect my clients retirements. I purchase my precious metals through goldsilver.com. It is easy, fast and convenient. I also invested my IRA’s and utilize their excellent storage options. Bottom line, Mike and his team have earned my trust. I continue to invest in wealth protection and my own education. I give back and help others see the opportunities to invest in precious metals. Thank you.