2025 Halftime Report!

You can breathe a sigh of relief that 2025 is now half over.  It has been a challenging year on many fronts so far, a year of wars and riots.   But as we forecasted, it has been good for gold and silver and therefore for our friends and clients.  

Gold is the big winner.  Silver is very close, turning in a big performance as well.  

Here’s a brief 2025 halftime report.  

Even though prices retreated slightly with the Iran/Israel ceasefire, gold is up 25 percent for the year as we write.  

Here is a chart of gold’s performance in the first half of 2025:

Silver is up 24 percent this year as we write.  Here is the six-month silver chart:

Silver suffered a short, sharp drop in April, on tariff fears.  But because the fundamental demand for silver in technological applications continues to outpace new supplies, before the month was over silver returned to its short-term trend line and continues to show strength, trading at 13-year highs and now well above both short- and long-term trend lines.

 Central banks keep buying gold – de-dollarizing their reserves – as you can see from the adjoining graphic. 

We expect the bullish momentum reflected in the charts of both metals will continue in the second half of the year and wish to reiterate what we wrote recently.  We expect more of the same ahead in the second half of 2025 because precious metals prices are a referendum on the quantity and quality of the US dollar.

Thus, we turn to the fundamentals of the dollar.  US debt is exploding. We are running a two trillion-dollar deficit, with interest payment on Washington’s mountainous debt amounting to almost a trillion dollars!  

And right now, up against a statutory debt ceiling, Washington is shuffling money around like a New York shell game.   It will raise the debt ceiling very soon, spiking the national debt by another trillion dollars almost overnight.

BOOM!

Take cover now!  Protect yourself and your family with gold and silver.

Contact Republic Monetary Exchange today and speak with one of our experienced precious metals professionals.