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Politics: record prices, jewelry meltdowns, and a bitcoin boom โ€“

POLITICS: Record Prices, Jewelry Meltdowns, And A Bitcoin Boom โ€“ One America News Network

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OANโ€™sย Alicia Summers
3:58 PM โ€“ Tuesday, May 9, 2025



Gold is on fireโ€”prices have skyrocketed to record highs, recently nearing $3,300 per ounce. Many Americans are even melting down their jewelry to cash in. To break it all down, Alan Hibbard, Precious Metals and Alternative Money Specialist at GoldSilver.com joins Alicia Summers. As President Trump urges Americans to buy stocksโ€”calling the U.S. economy a โ€œrocket shipโ€ following his new trade deal with the U.K. and ahead of tariff talks with Chinaโ€”the soaring gold prices seem to tell a different story, often signaling uncertainty rather than confidence. So what does Trump see coming that others might not? Is it tax cuts, trade deals, or something else entirely? And with growing calls to audit Fort Knox, questions are resurfacing about whether the nationโ€™s gold reserves are really there. Plus, as traditional gold hits new highs, digital gold isnโ€™t far behindโ€”Bitcoin just neared $103,000.

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