Industry Commentary

Read commentary from industry experts and SWP's feature writers.

Don’t have an account yet? Open one today.

Mark Yaxley | Apr 23, 2025

Gold’s 2025 rally has been nothing short of historic, surging 30% year-to-date to an all-time high of over $3,400/oz—the strongest start to a year ever.

Jeff Thomas | Apr 23, 2025

Americans were taught about Paul Revere’s ride in school. He was said to have ridden from his home in the North End of Boston, to Lexington and Concord, to warn the people there that Federal troops had landed in Boston Harbour and would soon reach the townships.

Jeff Thomas | Apr 15, 2025

Of course, investment philosophy can be made highly complex, or it can be disarmingly simple: what goes up must come down. If we accept the validity of this comment, we might also reason that the higher the market goes, the harder it will fall when the bubble bursts, and, of course, the greater the damage it will do to investors.

Mark Yaxley | Apr 15, 2025

This week, the gold and silver markets experienced continued volatility, fueled by escalating tensions between the world’s two largest economies, the United States and China. The primary catalyst was President Trump’s announcement of steep new duties on Chinese imports, now reaching 145%.

Mark Yaxley | Apr 8, 2025

Gold and silver markets experienced dramatic volatility this week, primarily driven by the announcement of new U.S. tariffs and escalating global trade tensions. On April 2, 2025, President Donald Trump declared a 10% baseline tariff on all U.S. imports, effective April 5, with additional country-specific tariffs set to take effect on April 9. Notably, imports from China faced an effective tariff rate of 54% after April 9.

Jeff Thomas | Apr 8, 2025

Countless Americans believe that they have the right to bear arms, so that they can protect themselves and their homes from burglars or other miscreants. Others, particularly those who live in rural areas, believe in the right to go hunting if they wish.

Jeff Thomas | Apr 1, 2025

The first libertarian intellectual was Lao-tzu, the founder of Taoism. Little is known about his life, but apparently he was a personal acquaintance of Confucius in the late sixth century BC and like the latter came from the state of Sung and was descended from the lower aristocracy of the Yin dynasty.

Mark Yaxley | Apr 1, 2025

Over the past week, gold surged to new all-time highs, reaching USD $3,149 per ounce, lifting silver past $34 per ounce. This rally was fueled by escalating tariff uncertainties from the U.S. and potential retaliatory measures from Europe, Canada, and Japan. Markets are anticipating more clarity on April 2, which could trigger a “sell-the-event” reaction—potentially pushing gold lower and equities higher.

Jeff Thomas | Mar 26, 2025

Currencies come and go in the world with remarkable frequency (the last hundred years has been witness to over twenty hyperinflations worldwide), but what we shall soon witness will be the collapse of most, if not all of the world’s primary currencies, all within a short space of time. They promise to go down like dominoes, and all for the same reason.

Mark Yaxley | Mar 25, 2025

Last week, the gold market saw notable activity, with prices fluctuating from $3,000 per ounce earlier in the week to a high of $3,048 on March 19. As of March 25, gold was trading at $3,033 per ounce, holding firm despite some profit-taking and speculation that Trump may narrow the scope of his administration’s tariffs ahead of what he has termed “Liberation Day” on April 2.

Subscribe to our Free Newsletter

We will use your information to send you a free report on offshore storage, our company newsletter and product promotions.