Update to Gold and Silver Specie as Legal Tender
Source – www.flsenate.gov
Effective day : 7/1/2025
Is this going to happen? Is this bill passed and will be in affect July? If anyone know please comment as I cannot find much info on this except that this was posted 4 days ago. -V.
The silver market has seen a lot of noise at the $33 level, as it is a major resistance level from what I can see. At this point, you need to understand that the silver market is not just a precious metal, but an industrial one.
Source – FX Empire
Source – APMEX
Founding Member Spotlight: Bullion & Coin Exchange
We’re proud to welcome Bullion & Coin Exchange as a Founding Member of the Victorias Coin-National Gold & Silver Dealer Directory.
Serving Arizona for decades, Bullion & Coin Exchange has built a reputation for honest pricing, exceptional customer service, and deep industry knowledge. Their team is committed to helping customers buy and sell gold, silver, and rare coins with confidence.
One of their strongest distinctions is their Recommendation from the U.S. Mint, a rare and respected endorsement that reflects their integrity, professionalism, and long‑standing commitment to the precious metals community.
What They Offer
Check out this business if you’re in the Mesa area of Arizona. Here is their listing on the Arizona page to get more info.
-V.
Copper prices have been on a stellar run, boosted by President Donald Trump’s proposed tariffs. But Wall Street sees headwinds for the metal, with two miners catching downgrades.
Freeport stock lost 3.2%, closing at $44.12, while the S&P 500 and Dow Jones Industrial Average dropped 0.4% and 1%, respectively.
Southern Copper shares fell 2.4% to $97.54.
As for demand, Citi analyst Tom Mulqueen noted in a Tuesday report that tariffs and policy changes will be a headwind in the second half of 2025.
“We also see sustained sluggish manufacturing activity and solar frontloading weighing on copper end-use consumption in the months ahead,” wrote Mulqueen.
Source – Barron’s
“James Earl Jones was a national treasure — an artist whose voice and presence have left his mark on American culture. He broke barriers, inspired generations, and served our country with honor. As a proud constituent of New York’s 17th District, it is only fitting that he posthumously receives one of our nation’s highest honors,” said Congressman Mike Lawler (R-New York).
Source – Coin World
Gold prices edged higher on Thursday, as markets closely tracked developments in U.S. President Donald Trump’s tariff plans, which could ignite a global trade war, while investors awaited crucial U.S. data due later in the day.
Spot gold was up 0.2% at $2,908.50 per ounce, as of 0240 GMT. Bullion hit a record peak of $2,942.70 on Tuesday. U.S. gold futures firmed 0.3% to $2,936.50.
“Gold continues to serve as a key diversifier amid trade uncertainties, as market participants seek to mitigate portfolio volatility,” IG market strategist Yeap Jun Rong said.
Spot silver rose 0.2% to $32.29 per ounce, platinum gained 0.2% to $994.75 and palladium firmed 0.5% to $978.46.
Source – Reuters
