| Gold $3,340.90 -7.30
Silver $38.22 +0.30
Platinum $1,465.30 +41.00
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| TEXAS MAKES GOLD AND SILVER MONEY WITH HR BILL 1056!! |
| Texas has recently enacted legislation, House Bill 1056, that allows residents to use gold and silver as legal tender for everyday transactions. This bill designates precious metals as legal tender and enables Texans to use their gold and silver holdings, stored in the Texas Bullion Depository, for payments through electronic systems. Legal Tender Status:House Bill 1056 designates gold and silver as legal tender in Texas. Texas Bullion Depository:The law utilizes the existing Texas Bullion Depository for storing and managing gold and silver holdings. Electronic Transactions:Texans can use their gold and silver holdings for payments through electronic systems like debit cards and mobile apps. Valuation:The state comptroller's office will determine the market value of the precious metals for transactions. Implementation:The law is set to take effect on May 1, 2027, allowing for a phased implementation of the new system. |
| U.S. DOLLAR HAS LOST 97 PERCENT OF ITS VALUE SINCE 1913!! |
| Specifically, since 1913, the dollar has lost about 97% of its purchasing power. This means that something that cost $1 in 1913 would cost about $30 today. Long-term decline:
The US dollar has experienced a long-term trend of losing purchasing power due to inflation. Specific figures: The dollar has lost approximately 97% of its purchasing power since 1913. Impact of inflation:This loss of purchasing power is largely attributed to inflation, which erodes the value of the dollar over time. The dollar itself has undergone many changes since its inception, not only in face but in substance. Having been removed from the gold standard by President Nixon in 1971 the dollar began to function as a unit of debt rather than an asset. This allowed inflation, fractional reserve banking, and added many other "middlemen" to the monetary system.
This allows for the formation and rise of what we "lovingly" refer to today as the private banking cartel. The Bureau of Engraving and Printing: an arm of the treasury, designs and produces all U.S. paper money. The Federal reserve then distributes this currency to banks and the public. They collect interest on money distributed, service charges, and new bank loans. Even Jerome Powell, the current head of the Federal Reserve, has mentioned in interviews that the current method of servicing our national debt is unsustainable. Because of the private banking sector, just the interest payments by themselves on our 37 Trillion dollar national debt accounts for 39 Percent of our GDP as a country. |
| DON'T BE A FINANCIAL VICTIM!! |
| Our country is vastly different today versus where we were 30 years ago. One area that we have seen a massive increase in is the ability for people around the world to scam people, thank you MR. Internet! We would like to broaden this topic as it applies to precious metals. As the metals have increased dramatically over the last 10 years, it has become more of a target for scammers. In addition, millions of new investors have turned to precious metals as part of their investment portfolios. It is CRITICALLY important that investors understand and take the necessary precautions to make sure who you are dealing with and where you are storing your investments. A few things that should be considered are as follows: (1). Visit local dealers and find one that best accommodates your needs; pricing, delivery, paperwork, established business, referrals, etc. (2). Verify that the product is real, find a dealer that will test the product in front of you when you take delivery. (3). Do not share with friends and neighbors about your purchases, most thefts transpire from a conversation. In other words, you tell someone you trust, but then they tell someone and it leaks out from there. Before you know it, a break-in occurs. IT'S ON YOU to keep it tight-lipped and your products securely stored/hidden away. Only your closest relatives (child, parent, etc.) or significant other should be aware as a backup, to where you store your precious metals, and they need to be sworn to secrecy! (4). If you are going to use a depository to store your product, make sure it really exists, seriously, what are the storage costs, in writing you want the EXACT same product back that you stored with them to begin with! Trust us when we say that scammers are winning today because people are just too trusting. Check and double check everything you do, ask questions, be informed and do your homework, it will save you from a potential catastrophic financial disaster!! |
| MANY COUNTRIES DUMPING THE U.S. DOLLAR!! |
| As of May 2025, many countries have taken steps to reduce or eliminate their reliance on the US dollar in international trade and finance. This global shift, known as de-dollarisation, is driven by various economic, political, and strategic factors. De-dollarisation refers to the process by which countries reduce their dependence on the US dollar for international transactions, reserves, and trade settlements. This shift is often motivated by a desire to achieve greater economic sovereignty, mitigate exposure to US monetary policy, and circumvent potential sanctions. Motivations Behind De-Dollarisation. Economic Sanctions and Political Pressure Countries like Russia and Iran have faced extensive US sanctions, prompting them to seek alternatives to the dollar to safeguard their economies. By conducting trade in local currencies or other major currencies, they aim to reduce the impact of such sanctions. Diversification of Foreign Exchange Reserves Central banks are diversifying their reserves to include a mix of currencies, such as the euro, Chinese yuan, and gold, to mitigate risks associated with holding large amounts of US dollars. Development of Alternative Payment Systems To decrease dependence on US-controlled financial systems like SWIFT, nations are creating their own payment infrastructures. For example, Russia has launched the System for Transfer of Financial Messages (SPFS), while China has developed the Cross-Border Interbank Payment System (CIPS). Russia: In response to extensive US sanctions, Russia has accelerated its de-dollarisation efforts, promoting the use of the ruble and other currencies in trade. Belarus, Armenia, Azerbaijan, Kazakhstan, Kyrgyzstan, Moldova, Tajikistan, Turkmenistan, Uzbekistan, Ukraine. These nations are shifting towards local currencies and alternative financial systems to enhance economic sovereignty and reduce exposure to US policies. BRICS Nations and New Entrants The BRICS bloc—comprising Brazil, Russia, India, China, and South Africa—has been at the forefront of de-dollarisation: China: Promoting the yuan in international trade and establishing currency swap agreements to facilitate transactions without the dollar. India and Brazil: Exploring bilateral trade agreements in local currencies to reduce dollar dependence. In 2025, BRICS expanded to include: Indonesia, Malaysia, Thailand: Southeast Asian nations seeking greater financial autonomy. Algeria, Belarus, Bolivia, Cuba, Kazakhstan, Nigeria, Turkey, Uganda, Uzbekistan: Countries aiming to diversify their economic partnerships and reduce reliance on Western financial systems. In conclusion, de-dollarisation is gaining momentum in 2025, with several countries actively reducing their reliance on the US dollar.
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| CENTRAL BANKS NOW OWN 1/5 OF ALL GOLD EVER MINED!! |
| Central banks collectively own a significant portion of the total gold ever mined, accounting for approximately 17%. Key points about central bank gold holdings: Growing reserves: Global central banks are increasingly adding gold to their reserves, with recent years seeing record purchase levels. Reasons for holding gold: Central banks are motivated by risk mitigation, inflation hedging, and promoting economic stability. Safe haven asset: Gold's perceived role as a safe haven asset, especially during times of economic and geopolitical uncertainty, is a major driver of central bank demand. Diversification: Central banks also see gold as a way to diversify their reserves, particularly away from U.S. dollar holdings. Reflecting the growing importance of gold in global reserve management strategies. |
| GOLD TO SILVER RATIO NEAR HISTORIC HIGHS!! |
| What the ratio means:
The gold-to-silver ratio is the number of silver ounces needed to buy one ounce of gold. The gold-to-silver ratio is currently elevated, meaning gold is more expensive relative to silver than it has been historically. While not at its absolute highest point (which occurred during the COVID-19 pandemic), it is near the higher end of its historical range. This suggests that silver may be undervalued relative to gold, making it potentially a good time to buy silver. During this extreme ratio of gold to silver, we saw a ratio fluctuation from the high of 114 back to 65 within a year! Those who bought silver during this high ratio were rewarded with larger gains as well as an opportunity to reinvest their profited silver back into gold as the ratio evened. This is a smart money move using market conditions to ones advantage. Current levels:
The current ratio (90) is significantly higher than the long-term average (around 40), indicating that gold is relatively expensive compared to silver. Investment implications:
A high ratio suggests that silver might be undervalued, potentially offering a buying opportunity, according to some financial websites. Conversely, a low ratio might indicate that gold is relatively cheaper and a good time to invest. Extreme levels:
Historically, when the ratio has been very high, it has often been followed by silver outperforming gold.
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| COMEX SEEING RECORD DELIVERIES IN SILVER!! |
| COMEX silver deliveries have recently reached unprecedented levels, with May 2025 seeing the third-highest delivery volume on record. This surge is partly due to a significant increase in net new contracts that are settled for immediate delivery, indicating strong physical demand. The 12-month moving average of COMEX silver deliveries has also surpassed its previous peak from early 2021. Record-breaking May:
The May COMEX silver contract saw a massive surge in deliveries, with some reports indicating over 16,000 contracts being settled for physical delivery which is up from the 9,044 COMEX silver contracts delivered in May 2025. Further more, on average, a typical delivery month sees about 3,000-4,000 deliveries.
Net New Contracts:
A substantial portion of the delivery volume is attributed to net new contracts, where investors open positions and immediately request physical delivery.
Rising Inventories:
While deliveries are high, COMEX silver inventories have also seen an increase, with some reports indicating a surge in inventory levels.
Implications:
The surge in deliveries, coupled with rising physical demand, suggests a potential shift in the market, potentially signaling higher prices for silver. |
| CHINA BUYING GOLD AND SILVER MINES WORLDWIDE!! |
| International Acquisitions:
Chinese firms are expanding gold mining operations in Africa, particularly in South Africa and Ghana, which are the continent's largest gold exporters.
China-African Precious Metals Company (CAPM) is investing in gold mining in South Africa, including revitalizing a gold processing plant in the Witwatersrand basin.
In October 2024, China's Zijin Mining acquired the Akyem gold mine project in Ghana from Newmont Corp for $1 billion.
Zijin Mining has also been involved in other international deals, including acquisitions in Canada, Colombia, and Guyana.
Beyond gold, China has shown strong interest in acquiring critical minerals, with companies like Zijin Mining acquiring stakes in lithium miners, according to Bloomberg.
Chinese entities own or have stakes in nearly all of the producing cobalt mines in the Democratic Republic of Congo (DRC).
Chinese mining and battery companies have invested $4.5 billion in lithium mines in the past two years, significantly contributing to lithium projects in Africa. Reasons for Acquisitions:
Diversification of reserves: China's central bank is diversifying its reserves, reducing reliance on the US dollar and increasing its gold holdings.
Geopolitical and economic uncertainties: Global uncertainties contribute to central banks, including China's, adding gold to their holdings.
"Gold for Infrastructure" initiative: China is securing mining rights through agreements that exchange infrastructure development for long-term gold supply.
Securing critical minerals: China is strategically acquiring mines globally, especially in Latin America and the Caribbean, to secure access to critical minerals for its industries and military modernization.
De-dollarization efforts: China's gold accumulation aligns with efforts to reduce dependence on the US dollar.
Industrial demand for silver: China's rapid industrialization and a growing renewable energy sector are driving demand for silver, which is a key component in electronics, batteries, and solar panels. |
| CENTRAL BANKS REPATRIATING THEIR GOLD |
| Central banks are increasingly repatriating gold, bringing it back to their domestic vaults, and also significantly increasing their gold purchases. This trend is driven by a combination of factors, including geopolitical instability, concerns about the US dollar, and a desire to diversify reserve assets. Reasons for Repatriation and Increased Purchases: Geopolitical Uncertainty: The invasion of Ukraine in 2022, and the subsequent sanctions, highlighted the risks associated with holding assets in foreign countries, particularly those perceived as potential adversaries. This led many countries to repatriate their gold, bringing it back under their direct control. Dollar Concerns: Some central banks are reducing their reliance on the US dollar and diversifying their reserves into gold, citing concerns about potential inflation and the stability of the dollar. Diversification: Gold is seen as a safe-haven asset and a store of value, providing a hedge against economic uncertainty and potential financial crises. Increased Confidence in Gold: As more central banks repatriate and accumulate gold, it creates a positive feedback loop, reinforcing the perception of gold as a valuable and reliable asset.
Examples of Repatriation: Germany, Netherlands, India, and Poland among others.
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| STATES MAKING GOLD AND SILVER MONEY AGAIN!! |
| Several states have enacted legislation that acknowledges gold and silver as legal tender or have removed sales taxes on these precious metals: Florida : Has the most comprehensive legislation, allowing electronically transacted gold and silver as legal tender alongside the dollar starting in 2026. Utah: Was the first state to pass the Utah Legal Tender Act in 2011.
Wyoming : In 2018, established a law to eliminate the taxation of gold and silver bullion, effectively treating them as tender free from sales tax.
Oklahoma: Recognizes gold and silver U.S.-minted coins as legal tender and exempts them from taxation through Senate Bill 862.
Louisiana: Reaffirmed gold and silver as legal tender in 2024.
Other States: Arizona, Kansas, South Carolina, and Texas have also recognized gold and silver as legal tender. States with Bills Recognizing Gold and Silver as Legal Tender:Missouri: A bill for an income tax deduction for capital gains from the exchange of gold and silver is currently being considered.
Indiana: Introduced Senate Bill 99 to declare US-minted gold and silver coins as legal tender and tax-exempt.
Tennessee: Is waiting for the outcome of Senate Bill 0350 which calls for the sales tax exemption of gold and silver coins. States with Goldbacks: Utah, Nevada, New Hampshire, Wyoming, South Dakota, and Florida: Have Goldbacks, which are a form of voluntary local currency with intricate designs crafted from 24-karat gold.
Oklahoma and Arizona: Are working to introduce Goldback series. |
| U.S. BANKS CALLING FOR HIGHER GOLD AND SILVER PRICES!! |
| Several U.S. banks and financial institutions are forecasting higher prices for gold and silver, particularly for 2025 and beyond. Bank of America: Has the most aggressive stance, calling for $4,000 gold and $40 silver by late 2025 or early 2026, citing factors like structural de-dollarization and reserve diversification. J.P. Morgan: Predicts gold prices to reach $3,675/oz by the end of 2025 and exceed $4,000/oz by Q2 2026. They also forecast silver prices to rise towards $39/oz by the end of 2025. J.P. Morgan, Goldman Sachs, and Citi Bank among others are also calling for both Gold and Silver to rise in price. Strong Central Bank Purchases : Central banks, particularly in emerging markets, are consistently buying large quantities of gold, adding over 1,200 tonnes to their reserves in 2024 alone. This trend is expected to continue.
Increased Geopolitical Tensions and Economic Uncertainty : Gold and silver are seen as safe-haven assets during times of global instability, recession fears, and policy uncertainty.
Silver's Dual Role: Silver benefits from both monetary appeal and its crucial role in industrial production, particularly in growing sectors like solar and battery technology.
De-dollarization: Some experts see gold as a hedge against a potential decline in the U.S. dollar's reserve status.
Inflation Concerns: Concerns about persistent inflation pressures and fiscal sustainability in major economies create a favorable macroeconomic environment for precious metals. |
| BRICK NATIONS BUYING RECORD AMOUNTS OF GOLD!! |
| The gold price has continued reaching record highs throughout consecutive weeks, and experts see a clear connection to the massive gold purchases from the BRICS nations. China, in particular, has acquired over 2,800 tons of gold in the last two years, and other BRICS countries have also significantly increased their gold reserves. Gold is being heavily purchased around the world to diversify from the U.S.dollar. |
| SILVER HITS HIGHEST PRICE IN 13 YEARS!! |
| Silver briefly reached $37 per ounce this June 2025. It had previously seen levels around $37 in February of 2012. Prior to that, in April of 2011, silver's price rose to a high of $48.70. June 2025: Silver is reaching its highest level in over 13 years due to industrial demand and supply deficit. With the recent physical shortages at the London Bullion Market Association (LBMA) expect the price to continue it's upward trend. We here at CR Gold and Silver are seeing record amounts of silver sales! |
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7511 Boulevard 26, North Richland Hills, TX 76180 (817) 485-2646 |
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