Gold and Silver Industry & Investing News

After initial tensions between Trump and Zelenskiy, US-Ukraine negotiations have resumed over a critical minerals deal potentially worth $500 billion. Ukraine rejected an initial US proposal demanding 50% of mineral proceeds, citing legal violations, but discussions continue with US envoy Keith Kellogg in Kyiv. While Trump seeks access to rare earth minerals, experts note that Ukraine’s viable deposits may be limited and some are in Russian-controlled areas.

The stock market is at record highs right now, but Wall Street experts are concerned about hidden risks. While the market is celebrating Trump’s business-friendly policies, it might be ignoring the dangers of his planned tariffs. Here’s what has experts worried: Trump is threatening to put 25% tariffs on goods from Mexico and Canada by March. So far, investors have dismissed these threats as just negotiating tactics. But if these tariffs actually happen, they could seriously hurt company profits and cause the stock market to drop by 5-10%. Goldman Sachs and other major banks warn that without strong company earnings...

U.S. existing home sales fell 4.9% in January to an annual rate of 4.08 million units, exceeding economists’ forecasted decline. The decline to 4.08 million units annually was worse than the 4.12 million units economists had predicted. NAR Chief Economist Lawrence Yun points to a persistent affordability crisis, as mortgage rates have remained elevated around 6.85% despite the Federal Reserve cutting interest rates by 100 basis points since September. This housing market weakness, coupled with a sharp decline in single-family housing starts, suggests residential investment is faltering early in 2024. The Fed’s pause in rate cuts reflects their assessment of...

Jesse Rothstein, a UC Berkeley professor and former Department of Labor chief economist, predicts an imminent “deep, deep recession” driven by Musk’s federal spending cuts. The March employment report, due April 4, is expected to show job losses exceeding any month outside of the 2008-9 financial crisis and 2020 pandemic. The impact extends beyond direct government job cuts, as universities and other institutions implement hiring freezes in response. Rothstein warns that the damage will be compounded by reduced federal government productivity, affecting essential services from infrastructure to public safety. While Musk acknowledges potential “temporary hardship,” the economist suggests the consequences...

The aftermath of Trump’s first trade war has reshaped global commerce in unexpected ways. China has strategically decreased its US trade exposure, dropping from 15.7% to 10.9% of total US trade between 2018 and 2024, while strengthening ties with Southeast Asian nations and Russia. Meanwhile, Vietnam and Mexico have emerged as major US trading partners, partly by becoming alternative manufacturing bases for Chinese companies seeking to avoid tariffs. This shift has created new vulnerabilities. While China’s trade surplus with the US remains the world’s largest, it’s declining under continued Trump-era tariffs and Biden’s technology export controls. Conversely, Mexico, Vietnam, and...

Gold has soared past $2,900 per ounce, marking a remarkable journey that has seen its value triple over the last decade and increase tenfold since 2000. What makes this rally particularly noteworthy is that it’s happening despite high interest rates and a strong dollar – conditions that typically drive gold prices down. Three main factors are fueling the current gold rally: mounting global tensions, especially related to Trump’s policies; massive central bank buying (over 1,000 tonnes yearly) as nations reduce their dependence on the dollar; and growing industrial uses in cutting-edge technologies. While gold captures headlines, silver might offer an...

Gold is heading toward its eighth consecutive weekly gain, trading around $2,927 per ounce, driven by strong haven demand and growing ETF holdings. Trading near $2,927 an ounce, the precious metal has benefited from multiple tailwinds, including robust ETF inflows exceeding 16 tons this week alone, marking the largest weekly increase since 2023. The rally has been fueled by geopolitical uncertainties, particularly concerns over President Trump’s potential meeting with Vladimir Putin regarding Ukraine, which could sideline European allies. After gaining 27% in 2024, gold’s appeal has been further enhanced by a weakening US dollar and Goldman Sachs’ bullish outlook, with...

In a Fox News interview with Sean Hannity, President Trump has conceded that “inflation is back,” contrary to his campaign promise of immediate price control, but firmly places responsibility on his predecessor’s policies. January’s inflation report showed the biggest monthly increase since August 2023, with prices rising 3% year-over-year for the first time since June 2024. While Trump accurately notes that Biden held office for most of the period covered in the latest inflation report, his attribution of inflation to Biden’s “Green New Scam” and claims of $9 trillion in spending are contested. Economists remain divided on the causes of...