Societe Generale strategist Alain Bokobza, who accurately warned that US financial dominance might be waning, expects the shift away from American assets to persist for years under the trade policies pursued by President Trump. After Bokobza’s September 2024 warning, the S&P 500 declined about 15% and the Dollar Index fell nearly 9%, illustrating a notable … Read more

The Bank of Japan is continuing its path of gradual rate increases despite mounting global economic uncertainty, including the risk of new U.S. tariffs under the Trump administration that have prompted other central banks to consider cuts. At a recent policy meeting, BOJ Governor Kazuo Ueda acknowledged external risks while signaling growing concern about persistent … Read more

I’ve been tracking this indicator all year, and after the recent pullback in gold and silver I checked it again. As I expected, when prices are adjusted for inflation using a more consistent measure than the modern CPI, gold and silver are now cheaper than they were when private ownership became legal in the United … Read more

Switzerland’s exports to the United States increased by 1.1% in July, driven largely by higher shipments of gold and watches. This rise occurred shortly before the Trump administration unexpectedly imposed a 39% tariff on certain Swiss goods, the steepest rate applied to any developed country. Gold exports reached their highest monthly level since March, reflecting … Read more

Gold prices nudged higher on Wednesday, up 0.1% to $2,918.83 per ounce, supported by a U.S. dollar that fell to three-month lows and rising political uncertainty after President Trump announced new tariff measures. The metal has climbed about 11% so far this year and hit an all-time high of $2,956.15 on February 24. Analysts remain … Read more

A new conflict has erupted in the Middle East. Oil has topped $100 a barrel, and the Strait of Hormuz — a critical chokepoint that handles roughly 20% of global energy flows — is partially closed. Inflation expectations are rising. Yet gold? Mostly it has pulled back. After U.S. and Israeli strikes on Iran began … Read more

New applications for unemployment benefits fell to their lowest level in six weeks, offering reassurance that the U.S. labor market remains resilient despite mounting economic pressures. Initial claims declined by 10,000 to 227,000, a sign that employers are generally holding on to workers even as trade tensions and other uncertainties affect business planning. The improvement … Read more

Oil markets have now fallen for a third consecutive week, with Brent crude dropping more than 2% as the effects of President Trump’s broad tariffs on China outweigh recent sanctions against Iran. Traders are increasingly worried about worldwide fuel demand, especially in China, where private refiners have cut run rates to levels not seen since … Read more

Japan’s Finance Minister Katsunobu Kato recently acknowledged that the country’s substantial holdings of U.S. Treasury securities—currently the largest of any foreign nation at about $1.13 trillion—could be used as leverage in trade discussions with the United States. Kato did not indicate that Japan plans to sell these assets, but his public remarks represented an uncommon … Read more

When investing in precious metals, price is only part of the equation—liquidity matters just as much. Liquidity determines how quickly and easily you can convert holdings into cash without sacrificing value. For investors who value both security and flexibility, knowing the practical differences between gold and silver liquidity helps shape better decisions. Understanding Precious Metals … Read more