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Trillions in new U.S. debt will push gold prices higher even without a fiscal ‘crisis’ – World Gold Council
Gold prices will benefit from soaring U.S. deficits and mounting fiscal instability, even if no near-term crisis occurs, according to analysts at the World Gold Council (WGC). “With the passing of the One Big, Beautiful Bill, the US is staring down an additional US$3.4 trillion in debt over the next decade - and a US$5 trillion lift to the debt ceiling, unless the Trump administration can deliver on its lofty growth forecasts,” they wrote on Tuesday. “Add to that Elon Musk’s launch of the ‘America Party’ and a politically charged backdrop, and the risks, both fiscal and political, are stacking up.” The ... (full story)
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From morningstar.com|Jul 9, 2025|11 commentsPresident Donald Trump wants the Federal Reserve to slash U.S. interest rates now, but the White House can't do much to influence borrowing costs in the short run. Here are five ...
From youtube.com/cmegroup|Jul 9, 2025Copper spikes to record highs after Trump announces 50% import tariff. Gold steadies above $3,300 amid trade war headlines and rising yields. Silver consolidates in a bullish flag ...
From upi.com|Jul 9, 2025U.S. President Donald Trump's announcement of a proposed 50% tariff on copper imports has raised concerns in Chile and Peru, which together account for nearly 40% of global copper ...
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From fxdailyreport.com|Jul 9, 2025Gold prices continue to maintain the position above the green box area and always bounce from the $3,300 level. However, we could say the high keep getting lower on the daily ...
From kitco.com|Jul 9, 2025The silver market continues to consolidate above $36 an ounce as the precious metal has seen unprecedented investment demand through the first half of 2025. The gray metal is ...
From @realDonaldTrump|Jul 9, 2025|15 comments
I am announcing a 50% TARIFF on Copper, effective August 1, 2025, after receiving a robust NATIONAL SECURITY ASSESSMENT. Copper is necessary for Semiconductors, Aircraft, Ships, Ammunition, Data Centers, Lithium-ion Batteries, Radar Systems, Missile Defense Systems, and even, Hypersonic Weapons, of which we are building many. Copper is the second most used material by the Department of Defense! Why did our foolish (and SLEEPY!) “Leaders” decimate this important Industry? This 50% TARIFF will reverse the Biden Administration’s thoughtless behavior, and stupidity. America will, once again, build a DOMINANT Copper Industry. THIS IS, AFTER ALL, OUR GOLDEN AGE!
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- Jul 9, 2025 5:40pm Posted byFundamental Analysis327
