Arcadia Economics, Released on 4/2/25

The reciprocal tariffs are set to go into effect today, and it’s happening at a time when we’re continuing to see massive amounts of gold flow from London and stand for delivery in New York. Of course we’ve even see the price rallying in response, and in today’s show, Bill Holter checks in to talk about the impact of the tariffs, and what he’s seeing in the precious metals markets.

Bill Holter was a stockbroker for 23 years and a branch manager for 12. He retired and moved his family out of the U.S. to Costa Rica in late 2006. He returned to Texas in 2011. He was a contributor to GATA since 2007 and began writing for Miles Franklin from 2012 to 2015. He then joined with Jim Sinclair and the Holter/Sinclair collaboration from 2015-2022. Bill is a precious metals expert and broker, he clears through Miles Franklin. His work can now be found here at BillHolter.com.

Chris Marcus worked 2 years at bond rating agency Moody’s, has an MBA from Wharton, and also worked 7 years as an equity options trader for Susquehanna International Group on the American and New York Stock Exchanges, before leaving in 2012 to create Arcadia Economics. In addition to publishing Arcadia’s Monthly Market Snapshot, he also currently writes market commentary for gold and silver dealer Miles Franklin, Investing.com, and several others.