Some of our team are at the National Ploughing Championships, meeting hundreds of clients, old and new, at Ireland’s biggest event. And it couldn’t come at a more interesting time.
December gold has just touched another all-time high of $3,733/oz, with silver climbing to a 14-year high at $43/oz. Markets are buzzing ahead of the U.S. Federal Reserve’s policy meeting, where a rate cut is widely expected – the first since November 2024. The move comes amid slowing U.S. growth and rising unemployment, with Fed Chair Jerome Powell facing questions about whether the central bank has been too slow to act.
When we attend events, exhibitions, and shows, we often hear the same reaction: “Gold feels expensive now… I should have bought years ago.” But a simple conversation about the value of money compared to the value of gold soon changes that perspective.
Because the real questions are:
- Are central banks no longer buying?
- Has uncertainty disappeared?
- Has gold’s safe-haven role diminished?
If anything, the forces driving gold higher are only intensifying.
In today’s video, we bring together insights from Simon Hunt and David Hunter, two renowned experts offering sobering advice that may leave you wondering whether you really want gold to climb any higher.