(Mike Maharrey, Money Metals News Service) While accounting rules are intended to foster transparency and facilitate accurate financial reporting, they can also mask the true financial state of an organization.
Today, a commonly used accounting trick could be obscuring risks in the U.S. banking system by papering over the significant...
(Money Metals News Service) On the latest Money Metals podcast, host Mike Maharrey welcomed Michael Pento, founder of Pento Portfolio Strategies, for an in-depth look at the gold market and broader financial trends.
Michael Pento believes gold is in a clear consolidation phase after hitting a record $3,500 per ounce in mid-April.
“The rally was...
(José Niño, Headline USA) The Trump administration is rethinking how it deals with Chinese-linked tech firms after a short-lived self-driving truck company was found to have stolen a vast trove of U.S. intellectual property.
Founded in 2015 by Chinese entrepreneurs and backed by Chinese capital, TuSimple was once hailed as...
(Mike Maharrey, Money Metals News Service) For the first time in five months, gold-backed ETFs globally reported modest outflows in May as investors took profits.
After charting the largest inflows of gold since August 2022 in April, gold-backed ETFs globally reported modest outflows of 19 tonnes totaling $1.8 billion last...
Update: After this story's publication, Musk said he'd begin decommissioning SpaceX projects in response to Trump's threats.
https://twitter.com/elonmusk/status/1930718684819112251
(Headline USA) Talk about adding insult to injury.
President Donald Trump made fun of Elon Musk’s black eye Thursday while responding to the billionaire’s criticism of his “big beautiful bill.” Trump also threatened to cut Musk’s...
(Luis Cornelio, Headline USA) Did the anti-Trump DC mayor break the law by accepting gifts and free travel from a foreign government? A watchdog group just filed an ethics complaint on this matter.
The Foundation for Accountability and Civic Trust filed a complaint Tuesday with the Board of Ethics and Government...
(Mike Maharrey, Money Metals News Service) Central bank gold buying moderated in April, as the gold price hit record levels.
Globally, central banks officially added a net 12 tonnes of gold to their reserves in April, according to the latest data compiled by the World Gold Council. This was 12...
(Lauren Jessop, The Center Square) What’s next for U.S. Steel after its $14 billion merger?
It’s either the golden age or a clever mirage, depending on who gets asked. That’s because the final details, while still scant, don’t satisfy critics about the iconic Pittsburgh company’s new partnership with Japanese-owned Nippon...
(Money Metals News Service) Veteran market analyst Greg Weldon joined Money Metals' Mike Maharrey for a sweeping conversation about the fragile state of the global financial system.
From runaway debt and stressed bond markets to gold, silver, and digital assets, Weldon delivered a no-nonsense warning: the clock is ticking.
(Interview Starts...
(Brett Rowland, The Center Square) The U.S. Department of Justice filed an emergency motion Thursday asking an appeals court to pause a lower court ruling that ordered President Donald Trump to unwind most of his tariffs within 10 days.
The court granted that motion Thursday afternoon.
An attorney for the Liberty...
(Mike Maharrey, Money Metals News Service) Trade policy and tariff news are driving the markets daily, but economist Thorsten Polliet says there are deeper economic risks in play that investors should consider.
“In this environment, as risks build, gold is an asset investors need to own.”
Polliet serves as an Honorary...
(Peter C. Earle, Money Metals News Service) In a remarkable feat of modern physics, scientists at the Large Hadron Collider have managed to recreate one of humanity’s oldest fantasies: turning lead into gold.
By smashing lead atoms together at near-light speeds, the resulting collisions generate immense heat and energy — conditions...