Gold and Silver Don't Lie -- Politicians are Another Story

Author

Kerry Lutz
June 02, 2025

In partnership with

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📈 Market Indices

  • S&P 500: 5,906.42

  • NASDAQ Composite: 19,151

Wall Street is still floating near the stratosphere. While we're off the all-time highs—6,152 for the S&P in February and 20,204 for the NASDAQ last December—markets remain elevated, powered by AI hype, speculative froth, and momentum-driven trading.

But this is not broad-based strength. Under the hood, consumer stocks are limping, real estate is fragile, and regional banks are quietly absorbing hits. The indexes are soaring—but the foundation isn’t as solid as it looks.

💰 Gold & Silver Surge

  • Gold: $3,345.50/oz (▲ $56.60)

  • Silver: $34.41/oz (▲ $1.42)

Precious metals are breaking out while the media pretends not to notice. Gold’s climb above $3,300 signals serious fear about long-term currency stability. Silver, as usual, is the lagging-but-lethal little brother—catching up fast and still wildly undervalued.

Forget the narratives. The market knows the Fed’s credibility is on life support. When trust erodes, metals move.

💥 Inflation: The Slow Burn Continues

The April CPI print says 2.3%. The White House is celebrating. Meanwhile, you can’t afford groceries, housing, or auto insurance without selling a kidney.

This isn’t deflation—it’s stagnation. Prices haven’t come down; they’ve just stopped accelerating. That’s not a win. That’s a pause in the pain.

Inflation doesn’t need to be 9% to destroy purchasing power. It just needs to outpace your income—and it still is.

🏛 Interest Rates: Normal Curve, Abnormal Future

  • 10-Year Treasury Yield: 4.45%

  • 2-Year Treasury Yield: 3.92%

The yield curve has finally normalized, with longer-term rates once again exceeding shorter-term ones. This signals a shift: markets aren’t worried about an immediate recession—they’re worried about something worse.

A structurally broken economy. Sticky inflation. And the terrifying possibility that the Fed is out of credible tools. The normalization of the curve doesn’t mean we’re safe. It just means the market has recalibrated the kind of trouble we’re in.

💵 U.S. Dollar: Slipping Quietly

  • DXY: 98.85

The dollar is bleeding value. Down over 9% year-to-date, it’s no longer the fortress it once was. BRICS nations are building alternatives, central banks are hoarding gold, and U.S. debt is expanding like a balloon at a kid’s birthday party.

Confidence is the dollar’s only real backing. And that confidence is wearing thin.

₿ Bitcoin: A Volatile Refuge

  • Bitcoin (BTC/USD): $104,239

Bitcoin took a brief dip under $104K but is holding strong amid chaos. While traditional markets lurch and lunge, BTC keeps grinding higher—slowly gaining institutional acceptance as the new hedge against fiat decay.

Some are calling for $200K by year-end. Maybe they’re crazy. Maybe they’re early. But they’re not wrong about the direction of history.

Final Thought:

The headlines say things are stable.
The markets say things are strong.
But the fundamentals say: Be careful.

Gold is rising. The dollar is slipping. Bitcoin is climbing.
And beneath the surface, the system is creaking.

📚TRUTH BOMBS IN PRINT

Final Thought: The headlines say soft landing. The charts say stall speed. And the metals? They’re flashing danger.

Stay sharp. Stay liquid. Stay sovereign.