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April 2025

 

Happy Easter from Spain

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A “furious debate” is under way in the trump administration about how to reverse the deepening U.S. debt, according to the Financial Times. The ever-growing deficits and debt could eventually erode the market for the U.S. treasury securities, which are a bedrock of the international financial system.

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Gold has benefited in recent weeks from inconsistency from Trump about tariffs & the associated risk of a global recession.

Global instability usually benefits gold prices because of the safe-haven demand.

For these reasons gold will continue to climb experts say. 

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