Kathem Martin
Precious Metals Advisor
Kathem Martin is a Precious Metals Advisor at Scottsdale Bullion & Coin. He offers personalized, conservative investment advice, helping clients build secure portfolios tailored to their unique financial goals and life stages. Kathem emphasizes open communication and ongoing support to ensure clients are comfortable and confident in their precious metals investments.
Todd Graf
Precious Metals Advisor
Todd Graf is a seasoned Precious Metals Advisor at Scottsdale Bullion & Coin. He has a decade-long career in finance, previously at Morgan Stanley and Vanguard. He is Series 7 licensed and has extensive experience in traditional and defensive assets, providing clients with solid investment strategies.
The 47th President, Donald J. Trump, hit the ground running with a flurry of momentous actions amidst the characteristic pomp and circumstance of his second inauguration. Although markets experienced a widespread elevation, experts warn of potential volatility as the administration’s aggressive economic policies take shape.
In this week’s The Gold Spot, Scottsdale Bullion & Coin Precious Metals Advisors Kathem Martin and Todd Graf cover Trump 2.0’s immediate impact on markets, how gold prices responded, and why economic uncertainty and inflationary pressures could be a mainstay of this administration.
A Bold Start
The Trump administration is off the races with 26 executive orders signed within his first day in office, such as officially establishing the Department of Government Efficiency (DOGE), which aims to maximize governmental efficiency, and an order to secure the borders. If this rapid out-of-the-gate pace indicates the next four years, the American people will get the change they demanded.
Trump wasn’t kidding, and he wasn’t waiting.–
Markets are teeming with optimism as President Trump lays the groundwork for his transformative economic vision. Yet, even supporters warn this fast rate of change will not be without its bumps.
Trump Reaffirms Tariff Threats
Trump’s tariff plan is central to his daring restructuring of the global order. When answering reporters’ questions, Trump said tariffs against Canada and Mexico would begin on February 1st. On the campaign trail, he threatened upwards of 100% tariffs on enemies and allies, though no specifics have been given.
The delay of this key policy promise and the ambiguity surrounding it lead to more insecurity and instability. Given what the previous administration left behind and the sheer scale of change he’s targeting, Trump has a lot of work cut out for him. Moving forward, the only certainty is uncertainty.
Gold Gets Trump Bump
Shortly following Trump’s electric inauguration, gold prices shot up to their highest point in 11 months, landing only $30 away from the record peak of $2,786. This rapid spike was fueled by question marks around Trump’s policies and a weakening US dollar. In contrast, the dollar index fell below a three-week low, indicating a growing lack of confidence in USD stability. Physical gold is becoming the safe haven as the Trump administration starts shuffling around the domestic and international economies in pursuit of his campaign promises.
Gold is going to be the best way to hedge yourself against inflation.–
Experts suggest this post-inaugural jolt represents where prices are likely to head in the not-so-distant future. There’s a growing consensus among financial bigwigs that the yellow metal will notch $3,000 an ounce sooner rather than later. These bullish gold price forecasts for 2025 are informed by palpable economic unpredictability, foundational geopolitical shifts, and sustained central bank demand–all factors that sparked the 2024 rally. This same climate has given rise to equally optimistic 2025 silver price predictions.
“$3,000 gold seems to be right around the corner.”
Kathem Martin
Precious Metals Advisor
Don’t Wait to Buy Gold, Buy Gold and Wait
In the mix of economic turbulence and volatility lie serious opportunities for investors who are paying attention. Safe-haven demand tends to rise during bouts of market instability and fear, which is bullish for precious metals.
“Gold is only going to go up in price as time goes on. So, getting in early, being patient…that’s going to be the best strategy.”
Todd Graf
Precious Metals Advisor
The tried-and-tested strategy of buying gold and waiting (instead of waiting to buy gold) is the most foolproof method for optimizing your precious metals portfolio and preserving your wealth.
If you’d like to learn more about how to get more out of your precious metals investments, request our free gold and silver report.
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