Most investors think they own gold. But according to expert Alan Hibbard, much of it might not be what it seems.  In this revealing Big Biz interview, Alan breaks down the quiet — but growing — divide between paper gold (like ETFs) and true physical bullion. He also outlines how a shift to digital currency and a long-overdue audit of U.S. gold reserves could shock the system and ignite a massive revaluation.  If you want real protection, real value, and real gold — you need to watch this.  The post The ETF Illusion: What Gold Investors Must Know appeared first on GoldSilver.

The U.S. service sector, which includes businesses like restaurants, hotels, and transportation companies, shrank in May for the first time in nearly a year. The Institute for Supply Management’s services index dropped to 49.9% from 51.6% in April—any reading below 50% indicates contraction. This decline is largely attributed to ongoing trade wars that have created uncertainty among business leaders, frozen hiring, and increased costs through tariffs. Key indicators showed significant weakness: new orders fell to their lowest level in over three years, while prices surged to a 2.5-year high due to tariffs raising supply costs. Despite the Trump administration relaxing The post U.S. Service Sector Contracts as Trade War Uncertainty Grips Businesses appeared first on GoldSilver.

Gold doubled in 42 days in 1979. The setup today looks eerily similar. Here’s why Mike Maloney says the biggest moves may still lie ahead. The post Is 2025 the New 1979? Why Gold Could Be Set to Double Again appeared first on GoldSilver.

The Congressional Budget Office (CBO) has estimated that the Republican tax bill recently passed by the House would increase US budget deficits by $2.42 trillion over the next decade. This increase comes from a combination of $3.67 trillion in reduced tax revenues and $1.25 trillion in spending cuts. The bill includes making Trump’s 2017 tax cuts permanent, eliminating taxes on tips and overtime pay, and raising the state and local tax deduction cap. While Trump administration officials believe economic growth will offset these concerns, the bill faces opposition in the Senate and criticism from fiscal conservatives who worry about the The post CBO Projects $2.4 Trillion Deficit Surge from Trump Tax Plan as Senate Battle Looms appeared first on GoldSilver.

Oil prices remained stable on Wednesday as opposing forces balanced each other out. While OPEC+ countries plan to increase production by 411,000 barrels per day in July, which typically pushes prices down, Canadian wildfires have reduced that country’s oil output by 344,000 barrels per day, helping support prices. Additional market factors include ongoing trade tensions between the U.S. and China, concerns about Iran’s nuclear deal negotiations, and Russia’s declining oil revenues. Market analysts see limited potential for price increases due to worries about oversupply and slowing global economic growth. The post Oil Prices Stabilize Amid Supply Tug-of-War: OPEC+ Increases vs. Canadian Disruptions appeared first on GoldSilver.

Gold futures climbed 0.2% to $3,382.60 per troy ounce as investors seek safety amid market uncertainty. The precious metal is benefiting from two main factors: President Trump’s new executive order doubling steel and aluminum tariffs, and escalating tensions between Russia and Ukraine. Central banks continue to support gold prices, adding 12 metric tons to global reserves in April, though this represents a 12% decrease from March. Meanwhile, copper and aluminum prices also rose, with copper maintaining a 10% gain year-to-date despite trade concerns, supported by supply disruptions in Chile and Congo. The post Metals Markets Surge: Gold Hits $3,382 as Copper Supply Tightens appeared first on GoldSilver.

U.S. Treasury yields fell sharply on Wednesday after ADP reported private sector job creation hit its weakest level in over two years. The 10-year Treasury yield dropped more than 4 basis points to 4.414%, while the 2-year yield fell over 3 basis points to 3.926%. Private payrolls increased by only 37,000 jobs in May, far below the expected 110,000, marking the lowest monthly total since March 2023. This weak jobs data comes just before Friday’s official government employment report and coincides with new 50% steel tariffs taking effect and stalled U.S.-China trade negotiations. The post Private Sector Jobs Growth Hits 2-Year Low, Treasury Yields Tumble appeared first on GoldSilver.