For thousands of years, gold and silver have served this purpose. They remain the best long-term protection I know against the erosion of fiat currency value. But before purchasing gold, it is essential to remember that no investment is risk-free. In this essay, I will address the three real risks of owning gold: theft, government action, and price volatility. And … Read More
Goldman Raises Year-End Gold Forecast to $5,400 per Ounce
(Bloomberg) — Goldman Sachs Group Inc. has raised its year-end gold price forecast by more than 10%, reflecting growing private sector diversification into bullion in addition to already strong demand from central banks and exchange-traded funds. The bank increased its December 2026 price target to $5,400 per ounce, up from a previous forecast of $4,900, based on the assumption that … Read More
China Is Weaponizing Silver Using Export Restrictions
Silver now finds itself at the center of a geopolitical wrestling match over critical elements. In what is clearly an effort to control the market, China recently announced export controls on silver. This could exacerbate the global supply shortage, already creating a significant silver squeeze. According to the policy that took effect on January 1, only large state-authorized and approved … Read More