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Gold surged to $3,085 (+$60) and silver jumped to $34.15 (+$1.34). Is this silver squeeze real or fantasy? Joel digs in: Trump’s explosive tariffs, Kentucky’s stunning veto override, Fed folding rumors, GameStop’s bizarre Bitcoin bet, and why the economy is quietly cracking. Price action commentary starts at 13:22.
Gold reached a new all-time-high this week, closing at $2,985 (+$75). Silver closed at $33.89 (+$1.29). Joel discusses the price action, Senator Lummis’ $80B Bitcoin buy, Trump’s clash with Canada and inflation in Brazil. Price commentary kicks off at 09:52.
Another week goes by, and rumors of new trade wars ebb and flow. Tariffs are a perfect example of economist Frédéric Bastiat’s concept of the “seen and unseen.” Protectionists tout tariffs as a way to protect American jobs, but they fail to see the subtle, slower effects of their policies that ultimately make Americans worse […]
Just like that, Trump’s trade war with Canada and Mexico has already ended (or at least been “paused”) before it even began. With gold hitting record new highs and the second Trump administration not even a month old, you can bet it won’t be the first “Trump Shock” to send waves through markets and media.
China’s recent attempt to secure a rare earth minerals stockpile ended in failure when a competitor stepped in to snag the deal. Vital Metals, a mining firm based in Australia, announced Monday that minerals collected from its Saskatchewan-based Nechalacho Project will remain within Canadian borders.
What would you do if you went to the ATM and found that you couldn’t access the money in your bank account? Many Canadians recently suffered this unsettling experience. Customers of five major Canadian banks reported mysterious online banking outages last week after Canadian Prime Minister Justin Trudeau announced he was invoking emergency powers in […]
