Holy gold bars, Batman! Welcome to the very first edition of GoldBuzz!

We're launching at a pretty incredible moment in precious metals history. As you're reading this on Sunday morning (coffee in hand, I hope), gold just closed out the week nudging a fresh all-time high, smashing through previous levels like they were made of paper. While most people are recovering from their holiday weekend barbecues (for those of us in the US/Canada), a growing number of investors are waking up to what might be the beginning of something massive in the gold markets.

I'm Rick Adams, and after spending four years building the most comprehensive analysis of gold and silver markets going back to 1970 (a project I called Theseus), I kept thinking: why isn't there a newsletter that makes precious metals as accessible, engaging and fun as crypto has become? Why are we stuck with outdated price-checking sites and dry market commentary when gold is offering some of the most exciting opportunities we've seen in decades?

That's exactly why GoldBuzz exists. Three times a week - Tuesdays, Thursdays, and Sundays - I aim to cut through the noise and deliver what actually matters: market moves, latest news, mining company deep-dives, and the kind of insights that can help you navigate what I believe could be a life-changing bull market in precious metals over the next few years.

Ok, let's dive in!

Gold and Silver Just Delivered a Friday Night Knockout

Gold hit $3,455 on Friday, very close to the record, while silver blasted past $39.50 to reach its highest level since 2011. Yes, 2011!

What's driving this? The Fed is practically announcing rate cuts at this point. Fed Governor Christopher Waller said he "fully expects" cuts starting next month, and markets are already betting on 25 basis points in September with more coming.

But the twist is that the economy is actually holding up pretty well. Consumer spending had its biggest jump in four months, and core inflation rose to 2.9% which is the highest since February. So the Fed wants to cut rates even though things aren't falling apart. For gold and silver, that's a perfect backdrop.

Silver's Industrial Boom

Silver isn't just riding Fed policy - industrial demand is really crushing it. China's solar exports are up over 70% this year and when you combine dovish Fed policy with actual industrial hunger for silver, you get big moves like this.

Gold's up 4% this month, its best since April. But silver's reminding everyone why it's the more explosive play in precious metals.

The bottom line: Fed cuts + strong industrial demand = an explosive combination.

While most of us have been paying close attention to gold, silver has been more than holding its own, with a big 40% run in 2024 and excellent performance again this year.

While the case for gold in our current world economic situation is evident (see my book The Gold Awakening) it turns out there's much more to silver than most people realize.

Silver isn’t just tucked away in jewelry stores anymore - it’s now essential to green energy technologies. Of course, how ‘green’ these technologies really are, given that silver and dozens of other materials must be mined first, is a question for another day.

Meanwhile, solar panels need it. Electronics demand it. Green energy can't function without it.

The solar industry alone now accounts for 17% of total silver demand, compared to just 5.6% in 2015. That's growth of 12.6% annually, driven by the global push toward renewable energy.

And check out this article I bookmarked a while ago which references a very significant study. The University of New South Wales in Australia warns that solar industry growth could exhaust 85-98% of global silver reserves by 2050.

Meanwhile, silver markets have been in structural deficit since 2021, with shortfalls totaling almost 800 million ounces through 2025.

Supply can't keep up while demand keeps accelerating.

Industrial demand hit a record 680.5 million ounces in 2024. Solar panels are using more silver than anyone expected.

Every solar panel needs silver to work properly. And the newer ones? They need 50% more than the old versions, the same for electric vehicle batteries.

This isn't going away anytime soon. We're basically rewiring how we make electricity.

Meanwhile, supply couldn't keep up with all this new demand.

Global markets came up short by 148.9 million ounces in 2024. Fourth year in a row we didn't have enough and when you can't make enough of something people want, prices go up.

More solar panels going up, same amount of silver coming out of the ground.

Something has to give and basic economics dictates what’s going to happen to prices (and it’s already happening!)

Unlike gold's primarily investment-driven demand, silver's industrial necessity provides a floor under prices. Companies need this metal to function. They'll pay market price regardless of investment sentiment.

You can get exposure through physical silver or ETFs like SLV. The funds eliminate storage headaches while still giving you silver price movement.

Of course silver carries more volatility than gold. It's not a boring, steady store of value. Prices can swing dramatically based on industrial demand cycles and investment flows.

But that volatility cuts both ways. In precious metals bull markets, silver consistently outpaces gold. In 2020, silver surged nearly 48% while gold rose 25%. In 2016, silver jumped 15.8%, doubling gold's 8.5% gain.

The question becomes whether you want steady preservation or growth opportunity because in a precious metals bull market, silver offers more upside potential than its famous golden sibling.

This supply crunch probably isn't fixing itself anytime soon. More countries are pushing green energy, which means more silver demand.

Therefore, silver's got something gold doesn't - people want it for TWO different reasons. The usual safe-haven stuff, plus all this industrial demand.

That combo probably explains why silver's been on such a tear. And those trends aren't slowing down.

Silver's always been more jumpy than gold - that hasn't changed. Anyone who lived through 2011 will remember - as I certainly do! But when the supply and demand picture looks this good, maybe that volatility works for you instead of against you.

What's your take? Are you thinking about silver, or sticking with gold for now?

Your Goldmine of must-read stories from around the web this week:

💰 Market Movers

Poland's going full gold goblin mode – The National Bank of Poland bought another 67 tonnes in the first half of 2025, making them the world's hungriest gold buyer as they race toward their 20% reserves target – apparently someone in Warsaw really doesn't trust the dollar anymore. World Gold Council

Silver's having its own party at $40 – The "other" precious metal just hit a 14-year high and analysts are throwing around $100 price targets like it's 2011 all over again, with First Majestic's CEO basically saying "trust me bro, triple digits incoming." Investing News Network

⚡ Green Rush

Your new electric vehicle could soon need up to 1kg of silver (and that's a problem) – EVs use triple the silver of gas cars, solar panels are absolutely gorging on the stuff at 200 million ounces in 2024, and we're already running a 149 million ounce deficit which means this ends badly for someone. The Silver Institute via Endeavour Silver

Solar panels might literally eat all the world's silver by 2050 – This is another take on the silver crisis I referenced in my Deep Dive article. It’s not hyperbole: at current consumption rates, the solar industry could theoretically consume the majority of global silver reserves, which is either terrifying or the greatest investment opportunity ever, depending on your portfolio. FXStreet

🏦 Central Bank Shopping Spree

Central banks bought 80 tonnes of gold per month in 2025 – That's $8.5 billion monthly at current prices, with most purchases happening in secret through Switzerland because apparently even central bankers love a good mystery. Bloomberg

China says they only bought 13 tonnes (sure!) – The People's Bank of China claims modest purchases, but trade data suggests someone's buying way more through back channels – shocking absolutely nobody who's been paying attention. Discovery Alert

💎 Treasure Hunting IRL

China just found the world's largest gold deposit – The Wangu gold field allegedly holds 1,000+ tonnes worth $83 billion, though it's 2,000 meters underground so good luck getting it – still, this could be the biggest discovery in human history if confirmed. Earth.com

$160 million Nazi gold collection surfaces after 50 years – A collector's 15,000 rare coins hidden from the Nazis just emerged from a bank vault, heading to auction in May with pieces that haven't been seen since WWII – sometimes patience really does pay off. Daily Galaxy

Czech hikers casually find $340,000 in gold – Two random hikers stumbled upon 598 gold coins and jewelry in the mountains, proving that investing is for chumps when you can just go for a walk and get rich. CNN

📈 Miner Mania

Gold miners ETF (GDX) up 69% YTD – Mining stocks are absolutely ripping with the VanEck Gold Miners ETF hitting fresh highs, because when gold goes up 30%, miners go up way more – it's called leverage, baby. Yahoo Finance

Omai Gold doubles resources to 4.4 million ounces – Junior miners are scrambling to prove up reserves as majors hunt for acquisitions, with companies like Omai expanding their Guyana project faster than you can say "resource nationalism." Junior Mining Network

💸 ETF Flood Gates Open

Gold ETFs see $38 billion inflows in first half of 2025 – After years of outflows, investors poured money back into gold ETFs at the fastest pace since 2020, with assets hitting a record $386 billion – apparently everyone remembered gold exists at the same time. World Gold Council

China's gold ETF inflows explode 70% higher – Chinese investors are buying gold ETFs like they're going out of style, with April alone seeing more inflows than all of 2024 – when 1.4 billion people decide they want something, prices tend to notice. World Gold Council

🚨 Crypto Reality Check

Bitcoin flash crashes while gold holds steady – A single whale dumped 24,000 Bitcoin causing a $2 billion selloff in hours, meanwhile gold barely flinched – remind me again which one is "digital gold"? Gizmodo

Peter Schiff predicts Bitcoin's demise (again) – The gold bug economist says 2025's financial crisis will end Bitcoin just like 2008 created it, though he's been wrong about crypto death approximately 429 times before. Yahoo Finance

🔮 Crystal Ball Corner

InvestingHaven calls for $88 silver before 2028 – Their "stretched target" sees silver more than doubling from here, based on a chart pattern that's "about to hit the acceleration point" – technical analysis or hopium, you decide. InvestingHaven

Gold's printing new highs like the Fed prints money while silver's supply deficit is getting ridiculous (as we’ve just seen). All the while, central banks are hoarding metal like true doomsday preppers, and even random Czech hikers are finding treasure (Na zdraví! to you guys.) Whether it's inflation fears, green energy demand, or just good old-fashioned FOMO, it means that our precious metals party is just getting started and I’m looking forward to riding it together with you!

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Rick Adams
Founder, GoldBuzz
rick@goldbuzz.com