🚀 Consumer Sentiment Falling

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Gold hitting record highs

The price of gold keeps heating up. If the record-breaking year of 2024 wasn't enough, gold hit a major historic 2025 milestone by crossing the $3,000/ounce threshold!

Here are 3 Key Reasons:

1. Looming economic & political uncertainty

2. Increasing central bank demand

3. Rising National Debt - over $36 Trillion

So, could gold surge even higher?

According to a recent statement from Jeffrey Gundlach, famed American business man and investor… “Gold continues its bull market that we’ve been talking about for a couple of years, ever since it was down to $1,800.” He expects gold to reach $4,000/oz.

Is it time you learn more about precious metals?

Get all the answers in your free 2025 Gold & Silver Kit. Plus, if you request your free kit today, you could qualify for up to 10% Instant Match in Bonus Silver*.

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_{*Offer valid on qualified orders of Goldco premium products only. Receive up to 10% in free silver based on purchase amount; cannot be combined with other offers. Additional terms apply—see your customer agreement or contact your representative for details.}

Market Overview
Read time 1.4 minutes

Year To Date Performances:

1. Consumer sentiment in the U.S. dropped sharply in May to 50.8—its second-lowest reading on record—as inflation fears surged amid renewed tariffs. According to the University of Michigan survey, short-term inflation expectations jumped from 6.5% to 7.3%, with nearly three-quarters of respondents spontaneously citing tariffs as a concern. Most of the survey was conducted before the U.S. and China announced a 90-day tariff pause, but uncertainty around trade policy remains dominant. Despite recent CPI and PPI data coming in below expectations, the Fed is keeping a close eye on whether tariff-driven inflation expectations become entrenched before considering rate cuts.

2. Mark Cuban has launched Harbinger Sports Partners, a $750 million private equity fund to acquire minority stakes (1–5%) in undervalued U.S. pro sports franchises. Co-founded with sports veterans Steve Cannon and Rashaun Williams, the fund plans to deploy $50M–$150M per deal across up to 92 teams, using a data-driven approach. With major leagues, including the NFL, now welcoming private equity, Cuban’s fund positions sports franchises as a maturing, institutional-quality asset class. Cuban, who retains a 27% stake in the Dallas Mavericks after selling majority ownership in 2023, aims to bring long-term capital and operational support to portfolio teams.

3. Tesla has appointed longtime Chipotle executive Jack Hartung to its board of directors, effective June 1, adding him to the audit committee as the company navigates declining EV sales, shrinking profits, and concerns over Elon Musk’s divided attention. Hartung, who helped lead Chipotle through significant growth and crisis management, will step down from his Chipotle role on the same day. His addition brings Tesla’s board to nine members. Hartung’s son-in-law works at Tesla, and his past board overlap with Kimbal Musk raises questions about potential connections. The move comes amid Tesla’s efforts to stabilize operations and investor confidence.

4. Headlines

   1. The House Budget Committee has rejected Donald Trump’s agenda bill.

   2. Taxes on Chinese products remain high due to tariff stacking, with numerous import and export tariffs applying to single items.

   _{* Disclosure: This is a paid advertisement for BOXABL’s Regulation A offering. Please read the offering circular here. This is a message from BOXABL.}

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Onwards and Upwards,

Liam Gill