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(Mike Maharrey, Money Metals News Service) The Monetary Authority of Singapore has removed a 5 percent cap on precious metals holdings for investment funds and family offices regulated under Section 13O and Section 13U tax-exemption schemes. The move comes after many funds were forced to liquidate part of their gold...

(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) 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) 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....

(Money Metals News Service) Gold and silver have pushed decisively higher, but veteran precious metals analyst David Morgan believes the bigger story goes far beyond the latest price move. Speaking with Money Metals podcast host Mike Maharrey, Morgan, publisher of The Morgan Report, argued that investors are witnessing a growing contest between precious...

(Dave DeCamp, Antiwar.com) President Donald Trump on Wednesday night said that he was launching what he described as the “most crushing economic operation ever’ against Iran and threatened the economies of any countries that do business with the Islamic Republic. “No one has given the Islamic Republic of Iran a...

(Mike Maharrey, Money Metals News Service) 154 days. That’s how long it took the Trump administration to add another $1 trillion to the national debt. As of August 18, the national debt stood at $40,047,425,768,420.22. Let’s try to put the debt into some perspective. Over the last 22 weeks, the federal government has...

(Dave DeCamp, Antiwar.com) Raytheon has landed a massive $22.9 billion contract with the US military to dramatically ramp up the production of Tomahawk missiles, as US arms makers continue to cash in on the US-Israeli war against Iran. The US fired over 1,000 Tomahawk missiles into Iran during the conflict,...

(Mike Maharrey, Money Metals News Service) Central bank gold buying was one of the pillars supporting the gold bull market last year, and it has continued to bolster the market even as it faced significant headwinds due to expectations of a higher interest rate environment. But why are central banks...

(David Beasley, The Center Square) An Ohio man pleaded guilty to his involvement to what the U.S. Department of Justice is calling the largest healthcare fraud case ever prosecuted. Eldar Zarbavel, 45 of Pepper Pike, Ohio, laundered $3.4 million in “illicit healthcare fraud” proceeds through multiple regional banks, the Justice...

(Mike Maharrey, Money Metals News Service) Let’s imagine I save enough money to buy a car for my kid. However, he’s only 13, so he won’t be driving for a few years. In a sane world, I could just stick the money under my mattress and buy a car in...

(Headline USA) The top editor of Forbes left his job last month and was reportedly dismissed for accepting $6 million from the founder of a firm that does business with the magazine. The New York Times reported this week that Randall Lane was paid by RJ Shook, whose company, Shook...