High drama in the institutional markets for gold and silver -- unfolding mostly in the background over the past 45 days – may finally be bleeding out into the mainstream.
Several central banks—the Bank of Canada, the Bank of England, and the Federal Reserve—stated they are carefully assessing their policies in light of the Trump Tariffs.
The Federal Reserve put a pause on interest rate cuts at its January meeting, finally admitting what I’ve been saying for quite a while: price inflation is still sticky.
A massive near-400 metric tonnes of gold has been shipped from London to New York since November. Why? Fear of tariffs, liquidity issues, and a brewing crisis in the gold leasing market.
In the latest Money Metals Midweek Memo, Mike Maharrey explores the silver market, covering rising industrial demand, supply shortages, and bullish projections from analysts.
Since silver tends to be the more volatile of the two metals (amplifying gold’s gains on the upside as well as gold’s declines on the downside), relative strength in silver tends to be a bullish indicator for the entire precious metals complex.
Gold set multiple records last year while silver remained well below its all-time highs. This created the impression that silver underperformed even though it was up over 20 percent. But we're starting to see some bullish sentiment for silver, even in the mainstream.
An Arizona Senate bill aims to create a state-backed transactional currency supported entirely by gold and silver, along with a state-operated bullion depository.
