Economist Peter Schiff remained skeptical about Bitcoin’s (CRYPTO: BTC) surge past $110,000 Monday, insisting that he will eventually be proven right about the apex cryptocurrency’s downfall.
Global gold supply is expected to grow by 1% in 2025, according to Metal Focus. The precious metals consultancy is expecting this growth from fresh gains in mine production.
U.S. markets close higher despite Trump's tariff threats. ISM PMI falls, construction spending drops. Dow up 0.08%, S&P 500 gains 0.41%, Nasdaq rises 0.67%.
Veteran investor, Arthur Richards Rule IV, better known as Rick Rule, is the latest expert to sound the alarm on the long-term stability of the U.S. Dollar, warning that decades of unchecked federal spending and unfunded liabilities could erode the greenback's purchasing power over the next decade.
Shares of gold-related equities, including Barrick Mining Corp (NYSE:B), U.S. Gold Corp (NASDAQ:USAU) and Newmont Corp (NYSE:NEM) are rallying on Monday as mounting trade tensions and geopolitical instability drive investors toward safe-haven assets.
A major gold exchange-traded fund recorded its steepest capital exodus in nearly three years this May, casting doubts over investor appetite for traditional safe-haven assets—but some analysts suggest the bull cycle is far from over.
