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Pentagon Database Shows More Than 200 US Casualties in Iran War Since July 7

(Dave DeCamp, Antiwar.com) Since July 7, four US troops have been killed, and more than 200 have been wounded in the Iran war, according to the Pentagon’s official casualty database, known as the Defense Casualty Analysis System. The four dead US soldiers include three who were killed in a July...

Gold, Silver, and the Coming Monetary Reckoning: Greg Weldon Sees Major Opportunity Ahead

(Money Metals News Service) On a recent episode of the Money Metals Podcast, host Mike Maharrey welcomed veteran market strategist Gregory T. Weldon, publisher of the Global Macro Strategy Report, for a wide-ranging discussion on precious metals, inflation, Federal Reserve policy, artificial intelligence, and global macroeconomic trends. Weldon explained why he has...

Is the Gold-Silver Ratio Still Relevant Today?

(Mike Maharrey, Money Metals News Service) Earlier this week, I wrote that the gold-silver ratio has recently widened to around 70-1, a bullish signal for silver. But is this metric still relevant today? Many analysts say it isn’t, claiming that the ratio is a relic of a bygone era when gold and...

Russia Continues to Sell Gold to Support Its Economy

(Mike Maharrey, Money Metals News Service) Many central banks are stacking gold. However, there is a notable seller – Russia. This underscores the fact that governments hold gold for a reason. According to the latest data compiled by the World Gold Council, Russia has sold around 44 tonnes of gold since the...

The Gates Foundation Met with Epstein About 30 Times

(Headline USA) Bill Gates and the staff of his charitable foundation met with convicted sex offender Jeffrey Epstein more than two dozen times even as employees expressed concerns about the reputational risk of working with him, an external review commissioned by the Gates Foundation found. The conversations appeared to focus...

Con Inc. Influencer’s Prediction Market Payday is Drawing Federal Scrutiny

(José Niño, Headline USA) MAGA influencer Rogan O'Handley landed at the center of a widening Washington betting scandal this week after a viral Twitter post from Aaron Fritschner, deputy chief of staff to Representative Don Beyer, D-Va., spotlighted fresh reporting from The Wall Street Journal. Fritschner wrote that "Congresswoman...

Gas Back to $4 as Iran War Reignites

(Headline USA) U.S. gas prices jumped to an average of $4 a gallon again Monday as the U.S. and Iran launched more attacks. According to motor club federation AAA, the national average for a gallon of regular gasoline is now back to $4. The average price a year ago was $3.14...

Bond Markets Are Entering a New Era as Geopolitics Reshapes Interest Rates

(Money Metals News Service) For decades, investors largely viewed central banks as the primary force determining interest rates. According to Massif Capital founder and managing director Will Thomson, that era is beginning to end. Joining Mike Maharrey on the Money Metals podcast, Thomson argued that investors are once again pricing bonds...

The Growing Role of Artisanal and Small-Scale Gold Mines

(Mike Maharrey, Money Metals News Service) Artisanal and small-scale mining (ASM) is becoming an increasingly important source of global gold supply. Artisanal mines are small-scale operations generally run by individuals, families, or small groups using simple tools and minimal mechanization. The sharply higher gold price has increased the profitability of small-scale...

Bipartisan Bill Would Force Vote Before Social Security Cuts Hit

(Brett Rowland, The Center Square)  A bipartisan group of senators introduced legislation that would fast-track a floor vote on Social Security's looming insolvency, using an independent board to draft a starting plan Congress could no longer easily ignore. The Protecting Retirement Opportunities and Maintaining Income Security for Everyone, or PROMISE...

CPI Cools, But Inflation Isn’t Gone: The Story Behind the Headlines

(Money Metals News Service) The latest Consumer Price Index (CPI) report for June sparked optimism across financial markets, with inflation coming in significantly cooler than expected. Headlines quickly celebrated what appeared to be another victory in the Federal Reserve's battle against inflation. But according to Money Metals Midweek Memo host...

New York Imposes Temporary Ban on Data Centers

(Chris Wade, The Center Square) New York became the first state to pause on energy-hungry data centers under an executive order signed by Gov. Kathy Hochul Tuesday, which comes in response to concerns about rising utility bills and the regional electric grid. The directive signed by Hochul sets a one-year...
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