Money Metals - Buy Gold, Silver & Precious Metals for Investment

Read this Mother's Day silver coin article by Stuart Englert here: https://lnkd.in/eWkpJR7c #Silver #MothersDay #Coins #PreciousMetals #Investing

After crashing in February, consumer borrowing remained tepid in March, a worrying sign for an economy that runs on credit cards. Borrowing has been slowing for the past several months, raising the prospect that Americans may finally be edging close to their credit limits. Total consumer credit rose 2.4 percent in March after contracting in February, according to the latest data from the Federal Reserve. March borrowing was close to January levels. Even with the slowdown in borrowing, American consumers are still buried under $5 trillion in consumer debt. Michael Maharrey Money Metals - Buy Gold, Silver & Precious Metals for Investment #ConsumerDebt #CreditCards #BankingNEWS #Finance #Economy

Rising gold prices have spurred investment demand, especially in the East, and helped drive Q2 gold demand to the highest level since 2016. In China, demand for gold bars and coins charted the second strongest quarter on record. However, high prices put a drag on jewelry demand in the first quarter. In volume terms, gold jewelry demand fell 21 percent year-on-year to 380 tonnes. However, in dollar terms, demand increased by 9 percent to $35 billion. The Indian jewelry market captures aspects of both consumer and investment demand, offering a window into the push and pull that higher gold prices have on demand. It ranks as the biggest gold jewelry market in the world. India reported a sharp 25 percent drop in jewelry demand to 71 tonnes. It was the lowest quarterly volume since Q3 2020. However, the value of that demand rose by 3 percent. Michael Maharrey Money Metals - Buy Gold, Silver & Precious Metals for Investment #India #GoldJewelry #Gold #Economy #Geopolitics

Both gold and silver are undergoing healthy consolidation phases after their strong rallies, allowing them to reset and work off overbought conditions. It’s time for an updated look at where things stand. Three weeks ago, I suggested that gold may have temporarily peaked after a strong rally, and that a period of sideways movement or a minor pullback would be both healthy and necessary to cool off its overbought condition. That’s exactly what we’ve seen since—gold has moved sideways, consolidating its gains. Here's what I'm seeing now and what I believe is likely to happen next. For technical analysis purposes, I prefer to focus on COMEX gold futures rather than spot prices, as futures tend to respect and form support and resistance levels in clean $100 increments—such as $3,000, $3,100, $3,200, and so on. Since peaking on April 22nd, when gold briefly tested $3,500 before pulling back, futures have been consolidating in a range between $3,200 and $3,500. This type of sideways action is common in strong bull markets and often serves as a launchpad for the next leg higher. Jesse Colombo Money Metals - Buy Gold, Silver & Precious Metals for Investment #Gold #Silver #PreciousMetals #Commodities #Investing

(AUDIO AVAILABLE) Dr. Nomi Prins breaks down gold’s bull run, central bank buying, China’s long game, de-dollarization, and silver’s comeback potential. Michael Maharrey Nomi Prins Money Metals - Buy Gold, Silver & Precious Metals for Investment #NomiPrins #Gold #PreciousMetals #Geopolitics #Economy

According to AI calculations, it would take about 33.9 billion years to create one ounce of gold at that rate. In other words, don't hold your breath. As Phys.org put it, "While the dream of medieval alchemists has technically come true, their hopes of riches have once again been dashed." Michael Maharrey Money Metals - Buy Gold, Silver & Precious Metals for Investment #Alchemy #Gold #Lead #Switzerland #Science

It’s no wonder people don’t understand inflation. High school students are only being taught half the story... Michael Maharrey Money Metals - Buy Gold, Silver & Precious Metals for Investment #Inflation #Economics #Money #Education #MonetaryPolicy

Flows of gold into Asian ETFs exploded in April, driving global ETF gold holdings higher for the fifth straight month. Last month, 115.3 tonnes of gold poured into gold-backed funds globally. It was the strongest month since August 2022. A combination of additional gold and the surging price pushed total assets under management (AUM) by gold ETFs to $379 billion, a 10 percent increase and a month-end record. Even with the surge of gold into ETFs over the last several months, fund holdings remain 10 percent below the month-end peak of 3,915 tonnes in October 2020. Michael Maharrey Money Metals - Buy Gold, Silver & Precious Metals for Investment World Gold Council #Gold #ETF #Asia #StockMarket #Investing

In a rare moment of honesty, Federal Reserve Chairman Jerome Powell admitted he and his fellow central bankers don’t know what they’re doing as they wrapped up the May Federal Open Market Committee (FOMC) meeting. As was expected, the Fed held interest rates steady at the meeting, taking a “wait and see” attitude. “There’s just so much that we don’t know,” Powell conceded. “I think, and we’re in a good position to wait and see, is the thing. We don’t have to be in a hurry.” Uncertainty was the theme of Powell’s post-meeting press conference, as he focused on the unknown impact of tariffs on the economy. Michael Maharrey Money Metals - Buy Gold, Silver & Precious Metals for Investment James Grant Federal Reserve Board Federal Reserve System #FederalReserve #Stagflation #Economy #Inflation #CentralBank

(AUDIO AVAILABLE) In the latest episode of Money Metals Midweek Memo, host Mike Maharrey delivers an insightful breakdown of global gold demand trends in Q1 2025, highlighting a striking divide between Eastern and Western investors. While Asian nations continue to accumulate gold at a torrid pace, American investors are largely retreating—raising important questions about investment psychology, inflation hedging, and financial preparedness. Michael Maharrey Money Metals - Buy Gold, Silver & Precious Metals for Investment #Gold #Geopolitics #Economy #Asia #USA