Bullion Bonanza: Why Is Gold Hitting Record Highs?
It is turning into gold’s best year in decades. Bullion has hit a series of record highs in 2025, putting it firmly on track for its strongest annual performance since 1979, when revolution in Tehran rocked the global economy.
Why is gold in such demand?
The short answer is that gold is acting as a haven and a store of value, a role it’s played for thousands of years, since the kingdom of Lydia started churning out gold coins in the sixth century BC. Investors can be a jumpy lot, and there are plenty of reasons to shift money out of riskier assets today – from fears of economic slowdown to rising geopolitical tensions between Russia and Nato.
As well as traditional valuation drivers such as interest rates, the dollar and inflation, concerns over Donald Trump’s attacks on the US central bank, his trade war, and his tax and spending plans are also pushing gold higher, analysts say.
Why can’t other precious metals play the same role as gold?… (Continue to full article)
Gold Just Broke The ETF Machine: $5 Billion In One Month And $4,000 Now Looms
Gold’s rally in 2025 has turned into a full-blown stampede, as ETF investors poured more than $5 billion into the three largest gold-backed exchange-traded funds in September alone—marking the biggest monthly inflow on record for the asset class.
SPDR Gold Shares (NYSE:GLD), the world’s largest gold ETF, took in $2.67 billion, followed by iShares Gold Trust (NYSE:IAU) with $2.13 billion and Invesco Physical Gold ETC (CBOE: IPHSF) with $425 million.
Gold futures surged above $3,700 per ounce this month, climbing over 40% since the start of the year—making 2025 the strongest-performing year for the precious metal since 1979… (Continue to full article)
Gold Prices Hit Fresh High as Analysts Predict It Could Be Best-Performing Asset of the Year
Gold futuresLAST Tuesday surged to a fresh high of over $3,800 as investors continue to bet big on the safe haven asset.
The real gold price, which adjusts for inflation, hit a record high earlier this month for the first time since 1980.
In a note on Monday, Deutsche Bank analysts forecast that gold prices could rise above $4,000 by the end of the year – notching a massive full-year return of more than 50%… (Continue to full article)
Not Just Gold: Silver, Platinum and Other Precious Metals Are All Stealing Bitcoin’s Thunder in 2025
Gold (XAU) has had a remarkable run this year, standing out among major assets, including bitcoin (BTC). But it’s not just gold – its precious counterparts silver, platinum, and palladium have also enjoyed strong gains, outperforming BTC.
While gold’s price has surged by 44% to a record $3,784, silver has gained 53% to $44.32 per troy ounce, according to data source TradingView. If that’s not enough, platinum has gained 60% to $1,452, while palladium has risen 33% to $1,207.
Meanwhile, bitcoin, often touted as digital gold, has failed to keep pace with the precious metals, rising just over 20% to $113,000… (Continue to full article)
A Once-in-a-Generation Economic Crisis in Rural America Means This Year Could Be the Last One for Many Farmers as Trump-Xi Call Offers No Relief
The 40th Farm Aid benefit concert is being held on Saturday as the economic outlook for rural America is the gloomiest it’s been in decades.
A survey released by the National Corn Growers Association (NCGA) on Wednesday showed that 46% believe the U.S. is on the brink of a farm crisis, and another 33% said maybe.
Meanwhile, about two-thirds said they are more concerned about their financial situation compared to a year ago, with 58% postponing equipment purchases, 38% reducing fertilizer applications and 22% looking for more off-farm income.. (Continue to full article)
Time to Get Really Worried America: Donald Trump Will Be Reducing Cost of Medicines by 1000% in a Year… by Doubling Their Prices
A month ago, Donald Trump announced that his administration would cut drug prices by 1,500%. That’s mathematically impossible, since it would mean not only free drugs but that pharmaceutical companies would actually pay you. Of course, Trump has his own speech rhythms, so most experts assumed he was just being hyperbolic as usual — but he doubled down on the claim of a 1,000+% decrease in drug prices in the U.S.
Trump said, “You understand, and we will be reducing drug costs over the next year by not 50 or 60% but by 1,000%… Because if you think of a $10 pill, it will be raised up from 10 to 20 because it’s the world versus us, the world is the bigger place… so it will go from 10 to 20… for them, which is bearable. And it will go from 10 to 20 for us.”
Okay, so he will be slashing the prices by doubling them? What kind of alternate universe Math is this?… (Continue to full article)
Arizona Seeks $599 Million to Pay for ‘Illegal Immigration’
Arizona legislative leaders sent a letter to the Trump administration seeking reimbursement for border security costs.
Arizona Senate President Warren Petersen, R-Gilbert, and House Speaker Steve Montenegro, R-Surprise, requested $599 million in their letter to get back the money the state spent on southern border security during the Biden administration.
Arizona spent this money through the Border Security Fund, which was created in 2021 and 2022, according to the state Senate GOP caucus press release. Additionally, Arizona’s annual budgets from 2021 to 2025 gave the Arizona Department of Public Safety and local sheriffs $145 million for border-related enforcement.. (Continue to full article)
20 Things You Used to Be Able to Buy for $1 in 1970
Back in 1970, a dollar went a lot further than it does today. You could fill up your gas tank, grab lunch, or catch a movie, all without spending more than a buck. Everyday items that now cost several dollars were once easily within reach with just a single bill. Prices were lower, paychecks stretched further, and small indulgences didn’t feel like luxuries.
Seriously, though, when I look back, it always boggles my mind when I begin to consider all the wild things that a measly $1 could buy. Whether it ended up being a cold drink, a paperback book, or a night out, the dollar had some real value. This list serves as a nostalgic look back at 20 things you could actually purchase for just a dollar in 1970. It’s a reminder, if anything else, of just how much times and prices have changed…… (Continue to full article)
