Central Bank Gold Buying Remains Strong but the Press Blames it on Loss of Faith in Trump!

If you think the U.S. press corps is mostly anti-Trump, you might be surprised to learn that the British press is far worse, as exemplified by the string of anti-Trump covers and major articles in The Economist. Recently, the British Telegraph commented on the rising volume of central gold buying with a political opening:

May 2026 Month-End (and Year-to-Date) Market Summary

Silver was the big winner among precious metals in May, while the other metals (as well as crude oil, gasoline and Bitcoin) declined. The U.S. Dollar Index was flat in May and year to date.

America 250’s Impact on the Coin Market

As I have mentioned several times over the past few months, there are several new coins being released by the U.S. Mint this year in celebration of America’s Semiquincentennial – the 250th birthday of the United States. Because of this, we are already seeing a surge in new rare coin collectors and investors entering the market – some are focused on the new coins coming, some are focused on pre-1933 gold coins and others are realizing the value of coins associated with our precious metals IRA program, featuring Gold American Eagle coins.

Central Bank Gold Buying Is Up 17% in First Quarter of 2026

Gold fell from $4,700 last week to under $4,500 this week before recovering about $70 per ounce on Wednesday, May 20th, to close at approximately $4,550. Gold’s decline is mostly a reaction (or an overreaction) to the temporarily high inflation numbers released a week ago.

Silver Leads the Way … Again

Silver leads the precious metals, year-to-date, and for the past 12 months … and last week, too:

U.S. Public Debt-to-GDP Ratio Now Surpasses 100% or Is It 125%?

The financial press is making a big deal about the fact that the U.S. Treasury’s “public debt,” which is the debt owed to the public, surpassed the nation’s annual GDP (Gross Domestic Product) at the end of the first quarter.

Major Investment Banks Predict Higher Gold Prices by Year-End 2026

Currently, the major European and U.S. investment banks have issued forecasts of healthy gold price gains in 2026 and now they have begun issuing price forecasts for 2027, with one $8,000 forecast.

President Donald J. Trump’s Image and Signature Likely to be Put on Paper Money

Perhaps one of the greatest fears of democrats is transitioning from a nightmare to reality, as conservative House representative Joe Wilson, R-South Carolina, has filed legislation to create a $250 bank note with President Trump’s photo emblazoned on the front. Appropriately titled, “The Donald J. Trump $250 Bill Act – H.R. 1761, would change a century-old portion of legislation that bans living people from being commemorated on U.S. currency, thus allowing Trump to be immortalized on a new $250 bill.

Gold Rose, Then Settled Back Down, After Last Week’s Inflation Releases

Wall Street always likes to cite “reasons” for the rise or fall of stocks or gold without any history or context but that has become a fairly useless exercise. Why? Because the real motivation for most investors is that when they like or don’t like an investment, they use some surface “reason” (excuse) for buying or selling it … on any given day.

The Official 2025 Gold Statistics Focus on Rising ETF Demand

Overall, total gold demand in 2025 surpassed 5,000 metric tons* for the first time in history. Gold enjoyed a record year of price gains in 2025, its best year since 1979, setting 53 new all-time highs during the year, while rising 65% year over year.  The biggest story was the rise in gold ETF buying around the world, with spectacular new gold ETF demand in India and a belated recovery in ETF buying in the U.S.