What a week this past week was for the equity markets. Stocks continued to plunge last Friday following Thursday’s historic losses. Markets reacted sharply to President Trump’s sweeping new tariffs announcement last Wednesday. All three major indexes fell deeper into correction territory with the Nasdaq entering a bear market and the Dow losing about 3,700 points in two days. This also marked one of the few times in modern history when the S&P 500 declined 4.8% or more on consecutive days, a rare event previously only seen during the 2008 financial crisis and the onset of the COVID-19 pandemic in March 2020. Major U.S. companies suffered steep losses, wiping out more than $4.9 trillion in market value. Recession fears are rising, with JPMorgan now placing the odds at 60%.

Meanwhile, gold prices could rise to $5,000–$8,000 per ounce in the next few years, according to Juerg Kiener of Swiss Asia Capital, citing strong central bank demand, economic uncertainty, and geopolitical tensions. Gold prices pulled back amid tariff concerns following another record high of $3,167.57 per ounce last week. Silver faces price suppression in the West but remains in high demand, particularly in China. Kiener believes silver could reach $50 per ounce in the near future, as supply-demand imbalances continue to shape the market.

With the gold to silver ratio hovering at around 100, it looks like silver may be undervalued. With that, Goldline’s Deal of the Week is: with a qualified silver purchase, you are eligible for FREE silver and copper. Call 800-827-4653 for details.

Below you can find news that may be influencing your investment decisions.

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