(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...
(Headline USA) Lawmakers said Kathryn Ruemmler, the former top lawyer at Goldman Sachs and White House counsel to President Barack Obama, was not being truthful Wednesday about her relationship with Jeffrey Epstein, rejecting her testimony that Epstein had merely “used” her.
Ruemmler in her opening remarks told members of the...
(Mike Maharrey, Money Metals News Service) The shine has come off silver since it skyrocketed to over $100 an ounce in January. The price has dropped by over 50 percent from the record high. However, there are still reasons to be bullish on silver moving forward, including persistent supply...
(Bethany Blankley, The Center Square) The national news outlet CNBC ranked 10 Republican-led states as the worst to live in its 2026 America’s Top States for Business rankings.
Officials from Republican-led Texas, which ranked second to worst for quality of life in CNBC's report, scoffed at the rankings.
In its business...
(Headline USA) Billionaire Warren Buffett omitted Bill Gates’ foundation from his annual donations this year after disclosures of the Microsoft co-founder’s ties to convicted sex offender Jeffrey Epstein. He will donate about $6 billion to four foundations connected to his own family, but did not mention Gates in his...
(Mike Maharrey, Money Metals News Service) When you watch the gold price all day, every day, you start to pick up on trends intuitively. Since gold corrected in January, I’ve noticed it often rises in the early morning and then drops as soon as the U.S. market opens. This...
(Chris Woodward, The Center Square) California saw $1.4 billion in Supplemental Nutrition Assistance Program errors for Fiscal Year 2025.
That accounts for $3.8 million every single day.
That's part of a trend of Southwestern states having to repay the federal government for SNAP benefits.
A payment error rate refers to instances of...