Precious Metals News
Fortune: Central Banks Have Dumped $48 Billion in Treasuries as Foreign Wealth Officials Divorce the Dollar
"We're of the view that deficits are going to continue to climb higher in the coming years, and what we struggle with is, 'Who is going to help support that higher level of supply?'"
Bloomberg News: DoubleLine's Gundlach Says 'Reckoning Is Coming' for US Debt
Gundlach previously predicted that the price of gold would shatter records, as happened this year, and in May, he told CNBC that the precious metal could swell to $4,000 per ounce, up from about $3,350 now.
CNBC: Buy Hard Assets Like Gold Ahead of a Potential Bond Market Panic, Says Bear Traps' Larry McDonald
"The old 60/40 portfolio should maybe be 30/30/30/10, in other words a much larger component of commodities," where the 30% slices are bonds, stocks and the commodities and the 10% piece is cash.
Finbold: Gold on Fire as Investors Ditch Fiat Currencies
With several key economic indicators, including interest rates, remaining uncertain, investors are likely to continue seeking refuge in safe-haven assets like gold.
Reuters: Central Banks Favor Gold Over Dollar for Reserves, WGC Survey
Central banks have accumulated more than 1,000 metric tons of gold in each of the last three years. This represented a significant rise from the 400-500 ton average in the preceding decade.
The Wall Street Journal: Gold Is the Real Rival to the Dollar's Reserve Status
European policymakers hope the euro will ultimately benefit from uneasiness over the dollar's dominance, which has been exacerbated this year by rising U.S. deficits.
The Wall Street Journal: Gold Surpasses Euro as Second-Largest Global Reserve Asset, ECB Says
Globally, central bank holdings of gold at the end of 2024 stood at around 36,000 tons, near the all-time high of 38,000 tons set in 1965.
Benzinga: Gold Demand Holds Firm as Dollar Confidence Wavers
"I believe that the cause of this gold bull market is primarily the deterioration of the purchasing power of the U.S. dollar." He pointed to the 1970s, when the dollar lost 75% of its purchasing power and gold surged 30-fold.
Bloomberg News: Goldman Urges Investors to Buy Gold and Oil as Long-Term Hedges
"Even a small diversification step out of US fixed income or risk assets could cause the next giant leap for gold prices." Robust central bank purchases for at least another three years should also underpin the metal's strength.
Bloomberg News: Silver Gains Ground on Gold With Jump to Highest Since 2012
Gold is up 44% in the last 12 months as central banks maintained elevated levels of buying. Silver, up about 20%, has lagged behind.
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Investing Haven: Silver's Industrial Surge: Will it Outshine Gold in 2025?
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Market Watch: Gold Prices Doubled in Just Two Years to New Highs. Why it Could Keep Going to $7,000
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Market Watch: The 'Mother of All Credit Squeezes' is Coming - Hang onto Your Wallet
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The Economic Times: Crash Time is Now: Kiyosaki Urges Dumping 'Fake Money' for Silver, Predicts 3x Surge
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The Floridian: DeSantis Approves Law Allowing Gold, Silver as Legal Tender
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Financial Post: You Might Not Have Heard of This Recession Indicator - But it's Getting Louder
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Fortune: Gold Could Soar 80% to $6,000 if There's Even a Minuscule Shift Away from US Assets, Analysts Say
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Market Watch: What a Steepening Gold Futures Curve Says About Demand for the Yellow Metal
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Barron's: Gold Prices Are Crushing Silver. Why That Could Change Soon
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Bitcoin.com - Dollar Collapse Nears: Peter Schiff Says Ending Reserve Status Is Only Way Out
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Bloomberg News: Dollar Faces $2.5 Trillion 'Avalanche' of Asian Sales, Jen Says
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Business Insider: Gold Will Keep Setting Records with a Recession More Likely Than People Think, Goldman Says
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Financial Post - Posthaste: You Might Not Have Heard of This Recession Indicator - But it's Getting Louder
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Fox Business: With the Economic Tumult, a Serious Concern Has Emerged: Stagflation
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GoBankingRates: What If the US Dollar Drops in Value by 50%?
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Investing.com: Are Silver Prices Set for a Breakout?
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Newsweek: Why Is China Buying So Much Gold?
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Benzinga: China's Central Bank's Gold Stash Spikes To 2,292 Tons and Beijing is Still Buying
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Bloomberg News: Billionaire Paulson Says Central Banks Will Keep Buying Gold
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Fox Business - As Gold Soars, the Dollar Sinks: Forbes Warns US Headed Towards 1970s-style Inflation Nightmare
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Reuters: JP Morgan Sees Gold Prices Crossing $4,000/oz By Q2, 2026
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The Wall Street Journal: Missed the Gold Rally? Go for Silver
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Barron's: Foreign Central Banks Are Loading Up on T-Bills, Selling U.S. Bonds
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Bloomberg News: Gold 'Best Place to Be' as Tariff Turmoil Sparks Climb to Record
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Bloomberg News: Goldman Puts $4,000 Gold on the Agenda as Hunt for Havens Grows
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CNBC: More Than 60% of CEOs Expect a Recession in the Next 6 Months as Tariff Turmoil Grows, Survey Says
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Investopedia: Experts Warn Weakening Dollar Signals 'Crisis of Confidence' in Backbone of Global Markets
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Market Watch: The U.S. Dollar's Role as the De Facto Global Reserve Currency is Looking Increasingly Uncertain
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Reuters: Citi Raises Gold Price Target for Next 3 Months to $3,500 Per Ounce
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Investing.com - Buy Silver at Current Levels: UBS
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Bloomberg News: China's Central Bank Buys Gold for Fifth Month as Prices Rally
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Business Insider: Stagflation is America's Most 'Optimistic Scenario' at This Point, Former Fed President Says
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CNBC: Goldman Hikes Gold Forecast, Sees Central Banks Making 'Rapid' Purchases For Years
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Reuters: Gold Soars to Record Above $3,100/oz, Eyes Best Quarter Since 1986
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The Street: JP Morgan, Goldman Sachs Warn of Recession, Interest Rate Changes
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Wealth Professional: CEO Predicts Gold to Reach $4,000 Per Ounce By End of 2025
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Yahoo Finance: Wall Street Keeps Upping Its Bullish Calls on Gold - Here's Why
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Finbold: Recession Fears Loom as the 'Dow Jones to Gold Ratio' Could Cross Rare Historical Level
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Market Watch - Gold is Crushing the S&P 500: What That Says About Recession Fears And the Stock Market
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Business Insider: The Fed Just Stoked Fears of a Dreaded Economic Stagflation Scenario
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Market Watch: Gold's Going to Reach $4,000, Says Gundlach. He Also Puts Recession Probability at 60%