Report: U.S. National Debt to Hit Staggering $53 Trillion by 2035, Exceeding GDP

Silver and platinum are dramatically outperforming gold in 2025, with CME futures data showing June gains of 9.5% and 28.2% respectively, compared to gold’s modest 1.1%. Year-to-date, silver is up 27% and platinum 30%, driven by booming industrial demand and supply deficits. Silver benefits from surging electronics, solar panel, and data center demand, while platinum gains from stricter auto emissions standards and Chinese jewelry buyers switching from expensive gold. Both metals trade at significant discounts to gold, with the gold-to-silver ratio hitting an 11-year high, signaling potential upside for investors seeking portfolio diversification beyond traditional gold holdings.

Outcrop Silver & Gold has discovered exceptionally high-grade silver and gold at its Morena vein in Colombia’s Santa Ana project. The standout intercept yielded 1,877 grams of silver per ton and 4.26 grams of gold per ton over 0.55 meters (1.8 feet), equaling 2,197 grams silver equivalent per ton. This marks the sixth new high-grade discovery since April 2024. The Morena vein has been traced for 400 meters along strike and 300 meters down dip, with drilling totaling 2,905 meters. The discovery adds to Santa Ana’s existing resource of 24.2 million ounces silver equivalent and positions the project for a

Fed Chair Jerome Powell signaled a potential September rate cut at Jackson Hole, stating the economic outlook “may warrant” adjusting policy stance. While acknowledging inflation risks remain “tilted to the upside” due to visible tariff pressures, Powell emphasized concerns about the labor market’s unusual balance and rising employment risks. Markets reacted enthusiastically, with stocks soaring and CME data showing September rate cut odds jumping above 90%. The Fed currently holds rates at 4.25%-4.50%, but recent weak jobs data—averaging just 35,000 monthly gains over three months—has intensified debate among Fed officials about the need for policy easing.

Fed Chair Jerome Powell faces a high-stakes decision at Friday’s Jackson Hole speech amid intense pressure from President Trump for rate cuts and mixed economic signals. While Trump demands rates be slashed to 1% and investors expect a September cut, inflation remains above the Fed’s 2% target and is expected to rise further due to tariffs. Powell may seek middle ground, opening the door to possible cuts without firm commitments. The speech comes as Trump escalates attacks on Fed independence, demanding Governor Lisa Cook resign and threatening Powell’s position ahead of his term ending in May.