Gold and Silver Industry & Investing News

The Senate Finance Committee has released its version of President Trump’s major tax bill, featuring significant changes from the House version. Key business wins include permanent corporate tax deductions for capital investments and interest expenses, though a controversial “revenge tax” on foreign businesses remains. The bill includes modified provisions for clean energy credits, reduced tax breaks for tips and overtime (capped at $25,000 annually), and deeper cuts to Medicaid funding. Despite adding trillions to the national debt and raising the debt ceiling by $5 trillion, Republicans face internal disagreements over SALT deduction limits and other provisions, making their July 4th...

Trump’s economic policies are driving gold prices higher by undermining confidence in the US dollar. His massive tax cuts are adding $2.5 trillion to the deficit over the next decade, while he pressures the Fed to cut rates and floats ideas about restructuring foreign-held US debt. Despite factors that should strengthen the dollar—like high tariffs and favorable interest rates—it has fallen 10% this year while gold has surged 30% to $3,400/oz. This trend reflects growing foreign investor concerns about America’s ability to manage its massive debt burden.

Ray Dalio, who predicted the 2008 financial crisis, warns the U.S. faces something “worse than a recession” under President Trump’s economic policies. The Bridgewater Associates founder sees three major threats: chaotic tariffs (including 50% on Chinese and EU steel/aluminum), soaring debt levels, and rising tensions between global superpowers. He compares today’s conditions to the 1930s, warning they could trigger a collapse of the post-WWII monetary system. Dalio says Trump’s unpredictable tariffs are “throwing rocks into the production system,” disrupting markets and crushing consumer confidence. His solution: Congress must cut the budget deficit to 3% of GDP and stabilize trade policies—or...

U.S. Treasury bonds have traditionally been considered the safest investment during global crises, but recent events suggest this may be changing. When Israel attacked Iran on June 13, something unexpected happened: U.S. Treasury yields went up (indicating less demand) while government bonds from other countries, particularly in Asia and Australia, saw yields fall (indicating higher demand). This pattern repeated after President Trump’s April 2 tariff announcement. International government bond ETFs have significantly outperformed U.S. Treasury ETFs this year, suggesting investors should diversify their safe-haven holdings beyond just U.S. Treasurys.

After a remarkable year that saw gold prices surge nearly 30% and hit record highs, Citigroup analysts are calling for a significant pullback in the precious metal. The bank forecasts gold will retreat from its current $3,388 per ounce to a range of $2,500-$2,700 by the second half of 2026. This bearish outlook stems from expectations of declining investment demand as global growth improves and the Federal Reserve cuts interest rates from restrictive to neutral levels. Citi presents three scenarios: a 60% probability base case where gold consolidates above $3,000 before declining, a 20% bull case targeting new records on...

The U.S. dollar weakened slightly on Tuesday, particularly against the Japanese yen, following the Bank of Japan’s decision to maintain current interest rates while planning to slow its balance sheet reduction in 2026. Meanwhile, ongoing tensions between Israel and Iran, now in their fifth day, continue to create uncertainty in global markets. President Trump has expressed a desire for a diplomatic resolution with Iran while oil prices have risen due to the Middle East conflict.

Gold prices increased on Tuesday as tensions between Israel and Iran drove investors toward safe-haven assets. Spot gold rose 0.1% to $3,386.29 per ounce. The conflict has escalated to concerning levels, with Jordan’s King Abdullah warning of global threats. Meanwhile, investors are watching the Federal Reserve’s upcoming policy meeting on Wednesday, with expectations of potential rate cuts later this year. Despite the current gains, Citi has lowered its gold price forecasts, predicting prices could fall below $3,000 by late 2025.

A World Gold Council survey of 73 central banks reveals a major shift in global reserve preferences. 76% of central banks expect to increase their gold holdings over the next five years, while nearly three-quarters anticipate reducing their dollar reserves. This trend reflects gold’s appeal as a crisis hedge and portfolio diversifier amid geopolitical tensions. Central banks have bought over 1,000 metric tons of gold annually for the past three years—double the previous decade’s average—despite gold prices hitting record highs above $3,500 per ounce.