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.

Fiat Money Creates Two Long-Term Problems – Deficit Financing and Inflation

The national debt was barely $300 billion in 1965 and now it is nearly $37 trillion, a gain of 117-fold, with $2 trillion in new deficits each fiscal year, so the Treasury needs to float about $500 billion in new bonds each quarter. That is more than the entire national debt of 1965. For this year, the Treasury announced a huge increase in second-quarter financing needs due to a shortage of cash.

Several Pundits Now Predict $4,000 Gold – And a New Fed Chair May Help It Happen

Back in 2023, when gold was $1,800, Jeff Gundlach, Chief Investment Officer of DoubleLine Capital, first made his prediction of $4,000 gold, a time when no mainstream analyst was even predicting $3,000.  Now, other major analysts have joined him! Analysts at JP Morgan predict $4,000 gold by mid-2026, which came after Goldman Sachs, in April, predicted $4,500 an ounce gold by the end of 2025.

Gold Has Risen Each Month in 2025 – Stocks Have Fallen Three Months in a Row

Gold is up 25.5% through the end of April – almost as much as its full-year 27.5% gain in 2024 – and gold has risen in each of the four months of the new year.

Gold Soars Over $3,400 While the Dow Dips by Another 1,000 Points

​On April 21, the Monday after Easter, gold soared by over $100 to $3,430 while the Dow fell by 1,300 points at its low point. It then rallied slightly before closing down 972 points in a continuation of the same powerful trend for 2025, magnified during April, of gold rising and most stocks falling.

Goldman Sachs Upgrades Its 2025 Gold Prediction From $3,300 to a Possible $4,500

On Tuesday, April 15, the major New York Investment bank, Goldman Sachs, upgraded its 2025 price target for gold from its previous $3,300 to a possible $4,500 per ounce by the end of the year, based on continued issues between China and the U.S.