Silver is no longer trading simply as gold’s understudy. Industrial demand has exceeded mine supply for five consecutive years, liquidity has thinned...
Maharrey frames the bigger story as what gold and silver are already signaling about debt, monetary policy, and confidence in the dollar as the world moves deeper into 2026.
I’m not writing this to pick on Kudlow. He was far from alone in 2008. In fact, most mainstream pundits and prognosticators insisted everything was fine in early ‘08.
President Trump had a meeting with executives from American oil companies to discuss plans for Venezuela. Some executives were less than enthusiastic about developing Venezuelan oil.
The organization also expects worries about economic health to support the yellow metal, along with continued monetary easing. This is probably one of the biggest factors driving gold higher.
Although there can be little doubt that Trump helped kick stocks into high gear, one could argue that a powerfully bullish economic cycle made the man rather than the other way around.