2025 didn’t break the system—it repositioned it

2025 was the year confidence wavered, hard assets surged, and the world quietly repositioned for a different financial future.

1. Inflation cooled, but costs didn’t

Headline inflation eased across much of the world, yet households still felt squeezed. High housing costs, insurance, food, and debt payments kept pressure on everyday budgets, revealing that lower inflation doesn’t mean “cheap again.”

2. Interest rates began to turn

After years of tightening, central banks, including the Federal Reserve, began cutting rates cautiously. 

3. Gold and silver stole the spotlight

Gold hit record highs while silver surged on supply constraints and industrial demand. Central banks from China to Eastern Europe kept buying gold aggressively, underscoring declining trust in long-term fiat currency.

4. Debt became the elephant in the room

Global government debt crossed uncomfortable thresholds. Servicing that debt, even with lower rates, emerged as a structural risk, quietly reshaping policy decisions worldwide.