What’s Driving a Surge in Gold Prices?
How to Profit From Silver’s Record Rise
Nothing can stop silver, it seems. Not even the $50-an-ounce mark. The price of $50/oz is the all-time high for silver. It reached that level in 1980, then again in 2011, but it’s never been able to get past it. It’s hard to think of any price in any market that is as psychologically significant a barrier as $50 silver. And yet this week silver sailed through it.
We might even have a supply squeeze on our hands – you get them in the silver markets every now and then. Demand from investors has shot up with the recent price surge, creating a shortage in London (where supply was already tight). Lease rates – the cost of borrowing the metal – have jumped by up to 30% in recent days… (Continue to full article)
Gold Price Sees Relentless Rally To Fresh Record Highs On Safe Haven Demand
Gold prices continued to surge on Friday, rising to a new record high on safe haven demand amid concerns of regional bank loans and ongoing trade tensions between the U.S. and China.
Spot gold prices climbed to a new high of $4,379 per troy ounce, surging by 1.2%. Gold futures maturing in December gained over 2% to surge to $4,392 before paring some of the gains.
Analysts at HSBC project gold prices to rise to $5,000 an ounce by 2026 on rising risks, according to a Reuters report. “Gold rally likely sustained through 1H’26 by geopolitical risks, economic policy uncertainty and rising public debt,” the firm stated in a recent note…. (Continue to full article)
Here’s Why a Silver Investment Is Worth It Right Now
While gold investing has understandably been in the spotlight in recent years, another precious metal has slowly been making impressive gains on its own.
Silver, for example, has grown in price considerably this year and it’s now hovering around a record high. This is important news for prospective precious metal investors or existing ones who can’t quite afford to add anymore gold to their portfolio now that the price there is comfortably over $4,000 per ounce.
Silver, however, offers an affordable entry price point right now. And with concerns over inflation, unemployment and geopolitical instability still elevated, it may be the smart investment for both beginners and veterans to consider right now. Still, considering its position as an alternative asset compared to stocks and bonds and the general advice of keeping precious metals limited to a select level in your portfolio, it’s important to first understand why silver is worth investing in now… (Continue to full article)
Walmart Boss Says Trump’s Tariff Gamble Is Paying Off… And Soon All Americans Will Benefit
Trump’s tariffs appear to be working.
For Walmart’s chief executive has confirmed that the company is increasing its investments in US-made products and suppliers. The retail giant is not the only major American company paying more attention to American manufacturing.
Now that Trump has placed tariffs on most countries outside the US, with particularly high fees on imports from China and India, corporate America has been forced to search closer to home for alternatives.
Boss John Furner said Walmart’s investment in products generated on US turf is part of the company’s long-standing strategic priority.
‘Investing in US manufacturing and US operations, sure, it’s great for business, but it’s also great for employment. It’s great for jobs. It’s great for the country, and it helps us with our supply chain being flexible and dynamic,’ the chief executive told CNBC’s Invest in America Forum… (Continue to full article)
6 Justified Reactions to the Trump Administration’s Plans for Social Security
Illustration: Sarah Grillo/Axios
As the Trump administration moves ahead with proposals to modify Social Security, many retirees and future beneficiaries are watching nervously.
Social Security is central to most Americans’ retirement plan, so changes to its structure or benefits spark strong responses. Whether you rely partially or fully on it, the implications of reform ripple through nearly everyone’s future. Below are several reactions — some measured, others emotional — that are surfacing around these proposals.
Here’s a look at what people are saying… (Continue to full article)
Medicare Prescription Drug Plans Are Shrinking — Here’s What You Need to Know Before Enrollment Open
If you’re on Medicare and depend on Part D for prescription coverage, pay close attention this fall — your choices are about to narrow dramatically.
According to a recent Associated Press report, the number of standalone Part D plans available for 2026 will drop to roughly 8 to 12 in most regions. That’s a sharp decline from the dozens of options available just a few years ago. For low-income beneficiaries who qualify for the “Extra Help” subsidy, the situation is even tighter — in many states, there will be only one to four zero-premium options available.
Major carriers, including Elevance (a Blue Cross/Blue Shield affiliate), are pulling out of the standalone Part D market altogether. The decision stems largely from new cost-sharing rules under the Inflation Reduction Act (IRA), which have significantly reshaped how Medicare drug plans operate and share financial risk.
What’s Driving the Change… (Continue to full article)
Prescription Drug Coverage Options Are Shrinking for Medicare Shoppers
Fewer choices may be on the menu again as Medicare patients shop for prescription coverage this fall.
The number of available, stand-alone drug plans has fallen for a few years, and that trend will continue for 2026. Most markets will still have several choices, but some options are becoming particularly sparse for shoppers with low-income subsidies. And help may be harder to find because some insurers no longer pay brokers commissions for new business.
Shoppers have from Oct. 15 to Dec. 7 to find new coverage that starts in January.
Some things to consider… (Continue to full article)
Michael Oliver Predicts Gold at $8000 and Silver Above $200 Within Quarters
