Plus, silver is breaking out…
Walmart and Amazon ship a warning shot to bank card corporations… watch the GENIUS Act… silver is now outpacing gold – the place it goes subsequent… a 100% winner for Eric Fry’s subscribers… a market tailwind from “Trump Accounts”?
At present’s Digest, from June 2025, arrived as two massive themes have been starting to claim themselves – strikes by main retailers into stablecoins, and the early indicators of power in silver.
These themes solely grew extra related by the again half of the 12 months, and the silver commerce I highlighted has since proven actual momentum. As of mid-December, SLV is up roughly 75% since this authentic Digest.
In the event you bought in on this transfer, congrats! Wanting forward, we anticipate even increased costs to come back for silver in 2026.
Have an excellent night,
Jeff Remsburg
There’s a doubtlessly main shakeup brewing within the monetary tech (fintech) area.
Over the previous week, each Walmart and Amazon have quietly signaled plans to discover launching their very own stablecoins.
To verify we’re all on the identical web page, a stablecoin is a kind of cryptocurrency designed to keep up a constant worth – usually $1 – by holding money or cash-like belongings corresponding to Treasuries.
In contrast to unstable cryptos like Bitcoin, stablecoins keep pegged to the greenback, enabling real-time transfers with out value surprises.
Now, why would Walmart and Amazon be serious about their very own stablecoins as an alternative of simply utilizing the U.S. greenback as ordinary?
Let’s go to our crypto knowledgeable Luke Lango. From this previous weekend’s Crypto Investor Community replace:
Stablecoins supply these giants a compelling cause to leap into crypto: decrease transaction charges and quicker settlements.
Yearly, Amazon and Walmart fork over billions to card networks in interchange charges. By launching or accepting stablecoins — particularly dollar-backed ones — they’ll bypass the Visa/Mastercard mafia, reduce prices, and settle immediately, together with cross-border.
This isn’t only a funds innovation. It’s an financial incentive. It’s capitalist gravity pulling massive enterprise towards crypto rails.
Constructing on Luke’s level, Walmart and Amazon collectively are estimated to spend round $14 billion yearly on card‑processing charges. Only a 1% cutback by way of stablecoins may translate into roughly $1 billion in revenue earlier than curiosity and taxes.
In the meantime, quicker settlement instances – instantaneous, as an alternative of the everyday days – would enhance money stream, particularly throughout worldwide provider chains.
A increase for retailers, but a bust for bank card corporations?
If these tasks achieve traction, stablecoins may flip Walmart and Amazon into quasi‑monetary hubs. They might present the framework for launching new service ecosystems, locking in buyer loyalty, and boosting margins.
Principally, these retail giants may undercut present fee ecosystems whereas retaining management of the consumer expertise.
It is a main menace to conventional credit-card networks. Plus, banks and fee processors could face pricing strain as retail giants shift to in‑home fee rails.
So, what occurs to bank card corporations?
You possibly can make sure that they (and banks) received’t go down and not using a combat.
They might speed up their very own blockchain initiatives – like Visa’s USDC settlement pilot or Mastercard’s tokenization instruments. They might supply new companies like embedded lending, fraud safety, or loyalty incentives.
Most of all, I’d guess we’ll see a military of lobbyists push for regulatory frameworks that degree the enjoying discipline or sluggish adoption, particularly round compliance and custody necessities.
Talking of associated regulatory “frameworks,” hold your eye on the GENIUS Act. Again to Luke for what that is and its significance:
The GENIUS Act, a bipartisan invoice establishing clear regulation for U.S. greenback stablecoins, handed a key Senate procedural vote 68-30. It requires full reserves, mandates transparency, and offers oversight to the Fed or state regulators.
If the invoice turns into regulation — and momentum is constructing — the U.S. could have a transparent framework for stablecoins. That’s the 1st step towards mainstream institutional crypto adoption.
Backside line: Hold this in your radar. It’s a significant growth. If Walmart and Amazon efficiently proceed with this, it’ll rewrite the principles of cash and commerce.
Bullish on gold in the present day? Don’t overlook silver
As we’ve profiled right here within the Digest, gold has loved an explosive run in 2025, setting a collection of all-time highs.
In the meantime, for a lot of this 12 months, silver has been lagging, buying and selling at historic lows relative to gold.
For perspective on this lag, let’s look to the gold-to-silver value ratio. It measures what number of ounces of silver are equal in worth to at least one ounce of gold.
Within the 20th century, the typical clocked in at 47:1. From 2000-2020, this ratio bumped as much as roughly 60:1.
Now, just some months in the past, as gold surged whereas silver meandered sideways, this degree clocked in at almost 105 – the very best degree of all time besides in the course of the Covid disaster.
Supply: goldsilver.com
However since then, silver has lastly begun to climb, outpacing its golden cousin. And because it seems in the present day, silver might be beginning its long-awaited catch-up rally.
Silver is on the transfer…and we’re nonetheless early within the transfer
As you may see under, since late Could, silver has been crushing gold roughly 3-to-1.
However even after this transfer, we expect it has loads of room to run. To grasp why, let’s revisit the gold-to-silver ratio.
As I write Tuesday, it’s at 91 – nonetheless elevated, however falling (bullish for silver). Importantly, that is taking place as a result of silver’s value is rising quick, not as a result of gold’s value is falling.
So, what’s fueling silver’s momentum past technical imply reversion?
For one, provide constraints. In accordance with the Silver Institute, international silver markets ran a deficit of roughly 117 million ounces in 2024 – the fifth straight 12 months of undersupply. And since most silver is produced as a by-product of mining different metals like copper and zinc, increased costs don’t essentially result in extra provide anytime quickly.
Then there’s the commercial aspect.
Silver performs a crucial position within the clear power transition, particularly in photo voltaic panel manufacturing, which continues to develop quickly. Throw in rising demand for electrification and high-tech parts, and you’ve got a steel that’s more and more indispensable – but nonetheless underpriced by historic requirements.
Technically, the image seems robust too.
Silver lately cleared resistance round $37 – its highest degree since 2012.
Backside line: After years of underperformance, silver is stepping again into the highlight. This can be the early phases of a long-awaited “silver bull.”
In the event you’re on the lookout for a one-click, straightforward method to play it, take a look at SLV, which is the iShares Silver Belief.
Backside line: Given in the present day’s backdrop of geopolitical instability, ballooning sovereign debt, and the continuing erosion of fiat forex credibility, we expect silver (and gold) have very vivid futures from right here.
One other steel on the transfer
As we’ve been profiling within the Digest, nuclear shares have been getting numerous consideration in latest weeks.
This has occurred as mega-cap tech stocks (suppose Microsoft, Alphabet, and Amazon) have inked offers for nuclear energy.
This has been a tailwind for choose uranium shares. And subscribers of our macro knowledgeable Eric Fry simply cashed in.
Right here’s Eric’s latest Flash Alert in his buying and selling service, Leverage:
Since October 1, 2024, the day I advisable [placing our uranium trade on the Global X Uranium ETF], the spot value has slumped 15%.
Regardless of that drop, the worth of our calls has doubled. Luck of this kind doesn’t occur typically within the inventory market. Due to this fact, I like to recommend closing out the whole place for a achieve of barely greater than 100%.
First, a giant “congratulations” to Leverage subscribers. However what accounts for the worth of their calls climbing if spot uranium is falling?
Again to Eric:
A lot of the uranium mining corporations in its portfolio are producing robust income development and anticipating extra of the identical. However at their present quotes, they’re discounting plenty of excellent news that has not but arrived.
For instance, Cameco Corp. (CCJ), which represents 24% of URA’s portfolio, is buying and selling for a lofty 140 instances earnings. Even when we flatter this evaluation by utilizing this 12 months’s estimated outcome, the inventory is buying and selling for 68 instances earnings.
That valuation is what the esteemed monetary author James Grant calls “priced for perfection.”
Eric factors out that this “perfection pricing” could also be fully acceptable, however he believes that erring on the aspect of warning is the wiser transfer. So, he advisable subscribers ring that money register to the tune of a 100% return. Congrats once more.
Lastly, on the lookout for one more reason to remain invested? How about “Trump Accounts”?
Earlier in June, we dove right into a tax provision (Part 899) in President Trump’s “One Large Stunning Invoice Act” that might dent our portfolios.
Whereas we stay cautious of that clause, there’s a distinct a part of the invoice that’s bullish for our portfolios.
Tucked into the invoice are “Trump Accounts” (initially known as “MAGA Accounts”). If handed, the federal government would deposit $1,000 right into a inventory market funding account for each U.S.-born child from 2025 by 2028. The household could make a further $5,000 funding a 12 months. The cash should go right into a low-cost, diversified U.S. inventory index fund and stay untouched till the kid turns 18.
Think about the implications…
If this passes, we’re speaking about government-mandated inventory shopping for – doubtlessly hundreds of thousands of recent accounts funneling cash into the market annually.
Let’s do some crude math to ballpark the influence. Based mostly on present U.S. delivery charges (~3.6 million births yearly), that’s roughly $3.6 billion in contemporary fairness demand per 12 months.
However that’s simply the preliminary authorities contribution. Add in some households contributing $5K per 12 months… plus dividend reinvestment… after which development over 18+ years, and the full financial influence balloons.
Being conservative, the Milken Institute estimates that $1,000 invested in a broad fairness index may develop to $8,300 over 20 years. Multiply that by 3.6 million kids per 12 months and also you’re taking a look at roughly $30 billion in potential future fairness market worth added yearly from simply this program.
Realistically, $30 billion is a drop within the bucket relative to the inventory market’s multi-trillion-dollar market cap, nevertheless it’s a bullish tailwind nonetheless. And extra importantly, these accounts may supply hundreds of thousands of younger People a welcomed monetary head-start within the coming years.
We’ll hold you up to date on all these tales right here within the Digest.
Have an excellent night,
Jeff Remsburg
