Does US debt drive gold prices? The CBO confirmed the U.S. paid $529 billion in interest in just the first half of fiscal 2026 — $88 billion a month. Gold is at record highs and climbing. Here’s the fiscal mechanism every saver needs to understand before the next $88 billion bill arrives. A striking figure … Read more

France’s central bank has completed the repatriation of its entire gold reserve previously stored at the Federal Reserve Bank of New York. Bars that had been held in New York — some for nearly a century — are now securely stored sixty feet underground in the Banque de France vaults in Paris. From July 2025 … Read more

If you are turning 73, it’s time to plan for Required Minimum Distributions (RMDs) — particularly if some of your retirement savings are in a Gold IRA. Knowing how RMDs apply to precious metals helps you stay compliant with IRS rules while preserving your long-term strategy. Whether you plan to take cash or receive physical … Read more

Rio Tinto and Glencore held preliminary talks in late 2024 about a possible merger that, if completed, could become the largest in mining history. The two companies together represent roughly $160 billion in market value—about $104 billion for Rio Tinto and $56 billion for Glencore—and the discussions centered on combining complementary assets and scale. A … Read more

Gold reached a fresh record, briefly topping $3,052.40 per ounce before closing at $3,049 — a gain of about 0.3% — after the Federal Reserve opted to leave interest rates unchanged. While the Fed still anticipates two rate cuts later this year, it also signaled increased economic uncertainty, a factor that has helped support demand … Read more

Bank of England Chief Economist Huw Pill has voiced concern that the central bank eased monetary policy prematurely, arguing that interest rates were cut too early and too fast. Pill criticized the Monetary Policy Committee’s approach, saying the peak for interest rates in 2023 was set too low and that the Bank began lowering rates … Read more

Gold’s recent chart pattern points to a major repricing event tied closely to geopolitical tensions, especially between the United States and China. Rather than reflecting a routine market cycle, the price action resembles historical episodes when safe-haven demand surged, creating sustained price moves that depend on the persistence of geopolitical stress. Seen through this lens, … Read more

U.S. single-family housing starts and building permits declined in April, highlighting a softening in the residential construction sector. Builders reported fewer new starts and a pullback in permit applications, reflecting caution in the face of tighter financing conditions and continued affordability pressures for buyers. At the same time, consumer sentiment slipped to a six-month low … Read more

The Strait of Hormuz, the narrow waterway linking the Persian Gulf to the Arabian Sea, is one of the world’s most important maritime choke points. Roughly 20 million barrels of oil transit the strait each day, representing almost $600 billion in annual crude value. Spanning about 50 kilometers at its widest point, the corridor is … Read more

Despite mounting recession worries, the stock market has continued to climb as investor optimism grows around progress in trade negotiations and the possibility of tax cuts. Recent remarks by Treasury officials have helped soothe market anxieties, but economists still warn that risks remain. Treasury Secretary Scott Bessent’s comments about improving trade developments and potential fiscal … Read more