🚀 Silver's Stealth Rally Beats the S&P 500
While everyone's been obsessing over tech stocks, silver has been quietly crushing it. Over the past three years, silver is up 69% — outpacing the S&P 500's 59% gain. Not bad for a metal the financial media loves to ignore.
💵 Inflation Cools for Fourth Straight Month
Core inflation barely budged in May (+0.1%), marking four months of cooler-than-expected price increases. The takeaway? Those tariff fears aren't hitting your wallet yet. With annual core inflation at 2.8% and services barely moving, markets are betting big on a Fed rate cut by September (75% odds). Good news for gold bugs — lower rates typically mean higher metal prices.
🤝 US-China Inch Toward Trade Deal
After two days in London, the US and China are playing nice again. The potential deal? China speeds up rare earth shipments (essential for everything from iPhones to EVs) while the US loosens its grip on semiconductor exports. Trump's already calling it "done" on social media.
📈 State Street Calls for $4,000 Gold
State Street just dropped a bold prediction: gold could hit $4,000 in the next 6-9 months, with $5,000 possible within two years. Their reasoning? Trump's trade wars, ballooning US debt, a weakening dollar, and central banks hoarding gold like it's 2008.