(Money Metals News Service) The United States officially reports holding 8,133.5 metric tons of gold, equivalent to roughly 261.5 million troy ounces. According to government figures, approximately 147.3 million ounces are stored at Fort Knox, while the remainder is held at the Denver Mint, the West Point Bullion Depository,...
(Headline USA) Sen. Lindsey Graham, the son of pool hall owners who rose to become one of his generation's more influential U.S. politicians at home and abroad, is being eulogized Tuesday as “a true American original” during memorial services in Washington.
Graham's flag-draped casket arrived for a tribute at the...
(Mike Maharrey, Money Metals News Service) The bond market has been struggling for the last year-plus, with some analysts saying we’re in the early stages of a secular bear market. This has forced investors to reconsider the role of bonds in a balanced portfolio, with some pivoting to tangible assets...
(José Niño, Headline USA) The U.S. Department of Education stripped disparate impact provisions out of its Title VI regulations last week, The College Fix reported, ending federal treatment of race neutral school policies as civil rights violations whenever the resulting numbers break unevenly along racial lines.
The Office for Civil...
(Mike Maharrey, Money Metals News Service) Goldman Sachs has picked up on the fact that China is expanding its gold reserves far faster than the official data indicates.
This probably comes as a surprise if you only follow mainstream financial news. Goldman is one of the few major financial actors...
(Dave DeCamp, Antiwar.com) President Donald Trump on Thursday said that the nuclear agreement the US and Saudi Arabia signed on Thursday will only move forward if Saudi Arabia normalizes relations with Israel, a statement that came after backlash from Israeli officials over the deal.
Trump also said the deal won’t...
(Mike Maharrey, Money Metals News Service) Several large Chinese banks have announced plans to halt retail paper gold trading. Could this be a coordinated push by China to exert more influence and break the Western grip on gold pricing?
Last month, the Industrial and Commercial Bank of China (ICBC) announced...
(Money Metals News Service) In this episode of the Money Metals Midweek Memo, host Mike Maharrey argues that investors should look beyond daily headlines and recognize the long-term patterns reshaping financial markets. Drawing parallels between hockey goalies who rely on pattern recognition rather than reflexes, Maharrey contends that history...
(Mike Maharrey, Money Metals News Service) You can add Tanzania to the list of countries expanding their gold reserves.
According to a statement by Bank of Tanzania Governor Emmanuel Tutuba, the country has increased its gold holdings by 28 tonnes over the last 18 months. The newly acquired gold is...
(Mike Maharrey, Money Metals News Service) There is evidence that underlying bond market dynamics have shifted toward a long-term bearish setup that will mean higher long-term interest rates despite central bank mechanizations. This has ramifications for an economy that is addicted to cheap, easy money and may alter traditional...
(Headline USA) SpaceX’s mega Starship rocket came within a second or so from blasting off on a test flight Thursday, but some of the engines failed to ignite, triggering a launch abort amid billowing clouds of smoke and vapor.
Elon Musk, the company's founder and CEO, said two engines will...
(Ken Silva, Headline USA) A former senior adviser for the Federal Reserve Board of Governors was sentenced to 38 months in prison on Wednesday for conspiring to steal trade secrets for the People’s Republic of China.
The ex-Fed official, John Harold Rogers, 63, of Vienna, Virginia, was arrested in January 2025. A...