Silver Price Predictions Reach the Stratosphere, at $200+

Silver is up over 35 percent, so far in 2025. Two weeks ago, a COMEX (commodity exchange) executive predicted silver could rise at least fourfold in the next few years. While we are skeptical of predictions of any huge price jumps – we prefer a solid, slowly rising bull market – his views are worth a listen.

Fed Curiously Ignores Pressing Need to Cut Interest Rates

On Tuesday, July 15, the Consumer Price Index for June was released, reflecting yet another mild rise, up 0.3% on a seasonally adjusted basis. Over the past 12 months, the CPI is up 2.7%. Shelter costs rose 0.2%, energy rose 0.9% and food increased 0.3%. The “core” index rose 0.2% in June, following a 0.1% increase in May, yielding a super-low 1.8% two-month annual rate.

Several States Are Creating a Revived Gold Standard

Texas joined the new gold and silver currency bandwagon with several other states after Governor Greg Abbott signed a bill on June 29 creating what may be the most comprehensive precious metals financial transaction platform in the nation.

Mid-Year Review of Metals and Other Markets

After a stellar first half, the metals continued their bullish run on the first trading day of the second half of 2025. Gold is up $44 per ounce in the futures market (+1.3%) and silver is up $0.60 (+1.6%).

Gold Tends to Soar, Long-Term, When New Major Wars Break Out

The U.S. Dollar Index (DXY) is now down 11% this year, reaching a three-year low, which Bank of America and I both predicted in 2024 would likely occur.

Central Banks Continue to Buy Gold, Creating a New Gold Standard

Gold is up almost 30% this year. It is also up over 55% since the start of 2024 and it has doubled since October of 2022. This fact is not lost on central bankers or private investors.

What Pushed Silver Up Nearly $4, a Rate of Nearly 12%, in Early June?

June is “Busting Out All Over” for most of the precious metals (except for gold). In the first 10 days of June, we’ve seen double digit gains in silver, platinum and palladium, even while gold is up less than 2%.

Monthly Market Review for May and 2025 (So Far)

Three of the four major market indexes are slightly below zero through May 31, while gold has gained 26%. All of the precious metals are still up strongly for the year-to-date, even though most commodities are down and the CRB Commodity Index is down -0.4% for the year so far. 

Federal Spending Increases Continue to the Push Deficit Higher

The so-called “One Big, Beautiful Bill” passed the House last week but it will likely be held up quite a while in the Senate, since there aren’t many spending cuts in that bill, mostly tax cuts. Many Republican Senators will insist on some spending cuts, or else we may face another $2 trillion in red ink this year.

Moody’s Downgraded U.S. Debt –

The Stock Market Yawns, But Gold Gains Over $100

This past Friday, after the stock market closed, the third and final rating agency (Moody’s) lowered its Treasury credit rating from the top level by the same single notch and gold rose while the stock market shrugged off the news.