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(Mike Maharrey, Money Metals News Service) Federal Reserve Chairman Kevin Warsh moved markets on Friday with his Jackson Hole speech, even though the central bank has yet to do anything to move inflation. Clearly, Warsh wants to convey a message. He’s tough on inflation, and the Fed will “deliver price...

(Money Metals News Service) Silver has decisively broken above the once-formidable $50 barrier, but Peter Krauth believes the bull market still has room to run. During a recent Money Metals podcast interview with host Mike Maharrey, Krauth argued that strong investment demand, industrial consumption, depleted exchange inventories, and emerging technologies continue to...

(Mike Maharrey, Money Metals News Service) It’s a bull market in gold vaults. The surging gold price has sparked a significant uptick in demand for physical bars and coins. And with so many investors stacking gold, they need someplace to store all that metal. Sharps Pixley told The Financial Times that its vaults...

(Money Metals News Service) Most people have regrets. They make a bad decision, miscalculate, or miss an opportunity and later wonder what might have happened. Money Metals Midweek Memo host Mike Maharrey shared one of his own investment regrets. Around 2015 or 2016, he received one Bitcoin as payment for...

(Headline USA) Meta agreed Wednesday to pay up to $18 billion and add stronger child-safety measures to its Facebook and Instagram platforms as part of a landmark legal settlement that ended a trial over teen social media addiction and settled claims filed by nearly every state. The settlement resolved a...

(Mike Maharrey, Money Metals News Service) Opps. That didn’t go as planned. Treasury Secretary Scott Bessent wanted to drive down interest rates at the long end of the yield curve, so he intervened in the market. It worked. For about one day. The 30-year Treasury yield closed at 5.31 percent on Tuesday (Aug....

(Mike Maharrey, Money Metals News Service) As the bond market continues to melt down and faith in the Federal Reserve’s willingness and ability to tackle inflation grows, it appears at least some institutional investors in the West are turning back toward gold. In a recent interview, Fidelity International portfolio manager...

(Headline USA) Elon Musk's space company plans to spend $100 billion to build a massive new spaceport in Louisiana to launch rockets, state officials and the company announced Tuesday. Louisiana Gov. Jeff Landry said the deal was a big win for the state and country, likening the impact of the...

(Mike Maharrey, Money Metals News Service) Billionaire investor Thomas Kaplan has issued an eye-popping gold price forecast of $50,000. In an interview on Kitco News, Kaplan said, "Seeing gold go up another tenfold from here, to me, is not just likely, but inevitable." "I can see gold going to 30, 40, 50,000...

(Mike Maharrey, Money Metals News Service) On Wednesday, Hong Kong Exchanges and Clearing (HKEX) reported record physical gold deliveries linked to its dollar-denominated gold futures contract. This underscores Hong Kong’s push to challenge Western dominance of the gold market. The exchange physically delivered 145kg (319.67 pounds) of gold on Aug....

(Headline USA) Bitcoin and gold shot higher this week, with both getting a boost from some frantic action surrounding the bond market, and the cryptocurrency also benefiting from activity in Washington. Bitcoin had dropped from a January high of around $95,000 to below $60,000 at the end of June. Investors...

(Headline USA) TikTok has reached a $400 million settlement with the U.S. Department of Justice, ending a 2024 lawsuit alleging the company violated federal children's privacy laws. The DOJ said Friday that TikTok will pay $300 million immediately and another $100 million after an order vacates an earlier consent decree against...