(Money Metals News Service) Mike Maharrey kicks off this Money Metals Midweek Memo a day early, calling it a “Christmas Eve Eve” episode and warning up front that it will be shorter and more informal.
But even in holiday mode, he says he can’t ignore what’s happening in metals right now, because...
(Mike Maharrey, Money Metals News Service) You know what I miss? Christmas specials.
Yes. I am a grownup. But I still love the Christmas specials. Snoopy decorating his doghouse. The Grinch folding up the Christmas tree like an umbrella and stuffing it up the chimney. Frosty the snowman melting in...
(Money Metals News Service) Gold, silver, platinum, and palladium are building upon last week's gains and rallying again this morning -- in a big way.
Traders are paying particularly close attention to gold -- with the yellow metal now poking above its all-time high reached back in October. Gold has...
(José Niño, Headline USA) While publicly denouncing military aid to Ukraine as corrupt, Rep. Cory Mills, R-Fla., was privately selling millions of dollars in grenades to a Ukrainian government firm now under investigation, according to an explosive investigation by journalist Roger Sollenberger.
Mills has emerged as a leading voice against...
(Mike Maharrey, Money Metals News Service) Gold prices continued to rise in India, creating headwinds for jewelry demand while boosting investment.
India ranks as the world's second-largest gold market behind China.
Gold has increased 73 percent year-to-date in rupee terms. That compares with a 67 percent increase in dollar terms. A weakening...
(Mike Maharrey, Money Metals News Service) The November CPI data came in much cooler than expected. This boosted optimism that the Federal Reserve has finally gotten inflation under control and fueled speculation that the Federal Reserve may be willing to deliver additional monetary easing (In other words, create more inflation).
The question...
(Ken Silva, Headline USA) Nearly $900 million in secretive donations funded the 2024 presidential election, with the majority of that “dark money” going to the Democrats’ Kamala Harris campaign, according to the New York Times.
The Times reported Wednesday that Future Forward USA Action, the super PAC backing Joseph Biden...
(Thérèse Boudreaux, The Center Square) Budget watchdogs are sounding the alarm as the U.S. hit an unfortunate fiscal milestone in fiscal year 2025: government spending on debt interest payments alone topped $1 trillion this year.
The federal government added roughly $1.8 trillion to the now $38 trillion national debt in...