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August 11, 2025
Gold's Tariff Spike: All-Time High… then a Reality Check
What the pros are doing next
Friday’s Profit Panel opened with a jolt in metals: fresh tariff chatter hit the tape and gold jumped.
As the team put it, “it seems like it's up about 1% today.”
Then the detail that turned heads: President Trump was going to tariff gold bars 100%.”
But wait… one more twist: “What's crazy is he threw a 35% tariff on Switzerland and their largest export to the US. Is what? Gold!”
The move was fast, with gold spiking to a new all-time-high of 3534.10.
And yet our Profit Panel pros suggested restraint.
Jeffry Turnmire said that he can already see the TV commercials screaming: “Buy your gold now!”
But he warned, “Panic buying is never a good thing.”
In other words, the spike may be real, but chasing fresh highs after a headline can be a costly habit.
The panel's focus was on context: why prices jumped, how tariffs ripple through supply chains, and where measured entries or hedges make more sense than adrenaline buys.
Silver and platinum got airtime too, with a reminder that not every vehicle has liquid options, so choose instruments that match your plan.
To your prosperity,
The ProsperityPub Team
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