Kevin Warsh had a clear objective in his first Jackson Hole keynote as Fed chair: tell markets which side of the Fed’s dual mandate—price stability or maximum employment—he finds more concerning. He did not mince words. “On the price-stability side of our mandate, the numbers are more concerning,” he said, and gold promptly sold off … Read more

Key Takeaways SLV shareholders cannot redeem shares for physical silver on an individual basis. Only Authorized Participants, acting in large Baskets of 50,000 shares, can exchange shares and metal — a scale most individual investors and many institutions do not reach. Sprott’s PSLV operates differently. Unitholders who meet a minimum threshold (roughly 10,000 ounces) can … Read more

America’s checking account received a $33.6 billion inflow in a single day. Treasury Secretary Scott Bessent may choose to spend part of the roughly $967 billion that now sits in the Treasury General Account (TGA). Officials could use that balance to carry out a policy move the Federal Reserve cannot accomplish by a rate decision … Read more

Gold and silver are lower today following Federal Reserve Chair Kevin Warsh’s first Jackson Hole keynote, where he emphasized that inflation remains higher than desired. That comment alone offers a clear explanation for the session’s price action: when the Fed signals less room to cut rates or the possibility of further tightening, the opportunity cost … Read more

America’s gold market still remembers the last time Kevin Warsh’s name reshaped expectations. When he was announced as Fed chair on January 30, 2026, spot gold plunged nearly 9% in a single session while silver futures suffered an extreme one-day decline. That episode was driven not by immediate comments but by a sudden re-evaluation of … Read more

Silver is trading around $69.20 an ounce today, hovering near its highest levels since May. Yet the most revealing story this week is not the spot price itself but what’s unfolding inside COMEX’s delivery system as September’s silver contract approaches First Notice Day in a matter of days. The Edge Every Investor Needs Smarter precious … Read more

Gold eased a touch on Thursday while silver continued to climb, but those short-term price moves miss the larger picture. Five persistent trends point in the same direction: the argument for a long-term gold bull market remains intact, and State Street’s $5,000-per-ounce base case still stands after August’s pullback. Beyond that headline, silver’s stronger recent … Read more

Everyone was reporting on the same month, but most named the wrong winner. From the July 31 close through the August 25 close, silver climbed 19.0% while gold rose 15.1%. If you owned both metals, silver did the heavier lifting this month. Key takeaways Silver gained 19.0% from the July 31 close through the August … Read more

A precious metals IRA holds physical gold, silver, platinum, or palladium under the same tax rules that apply to other IRAs. However, one condition is decisive: a bank or an IRS-approved trustee must maintain physical possession of the metals. If you buy an eligible coin through an IRA and keep it in a personal safe, … Read more

Americans spent more in July than in June, but they didn’t buy more. That is the central takeaway from the July PCE inflation report released on Wednesday, August 26, 2026, by the Bureau of Economic Analysis. Nominal consumer spending rose 0.2% for the month—about $36.3 billion—while real spending barely budged, increasing less than 0.1% after … Read more