(Money Metals News Service) In a recent interview conducted by Mike Maharrey from Money Metals with Axel Merk, President and Chief Investment Officer of Merk Investments, they discussed the impacts of macro trends, Federal Reserve policies, and the outlook on gold markets following a Federal Reserve meeting.
Axel Merk highlighted...
(Headline USA) The Justice Department on Thursday announced a sweeping antitrust lawsuit against Apple, accusing the tech giant of engineering an illegal monopoly in smartphones that boxes out competitors, stifles innovation and keeps prices artificially high.
Apple has monopoly power in the smartphone market and leverages control over the iPhone...
(Jp Cortez, Sound Money Defense League, Money Metals News Service) Responding to an overwhelming groundswell of grassroots pressure, Gov. Tony Evers today signed a bill into law that secures Wisconsin’s place as the 44th state in America to end sales taxes on the purchase of precious metals.
Assembly Bill 29...
(Luis Cornelio, Headline USA) CNN anchor Laura Coates became visibly upset during a live broadcast when Shark Tank host Kevin O’Leary criticized the business ramifications of the civil lawsuit against former President Trump and his company.
“What are you doing?” asked a seemingly frustrated Coates to a fired-up O’Leary during a...
(Mike Maharrey, Money Metals News Service) The Federal Reserve’s bank bailout program shut down on March 11. So, what next? The Fed created the Bank Term Funding Program (BTFP) after the collapse of Silicon Valley Bank and Signature Bank last March. The program was set up so banks could...
(Ken Silva, Headline USA) A federal judge has denied the Justice Department’s motion to dismiss a lawsuit against the FBI over its illegal raid of hundreds of renters’ safe-deposit boxes in Beverly Hills—meaning that the bureau will have to answer questions about $2,000 that went missing from the raid.
The...
(Headline USA) Apple has agreed to pay $490 million to settle a class-action lawsuit alleging CEO Tim Cook misled investors about a steep downturn in iPhone's sales in China that culminated in a jarring revision to the company's revenue forecast.
The preliminary settlement filed Friday in Oakland, California, federal court...
(Mike Gleason, Money Metals Exchange) As inflation data comes in hotter than expected, markets are reassessing the outlook for rate cuts.
This week’s Consumer Price Index report showed the CPI rising 0.4% in February. That was the largest increase since last September. Higher gas prices and housing costs were major...
(Headline USA) Treasury Secretary Janet Yellen admitted this week that she regrets dismissing inflation as “transitory” back in 2021.
“I regret saying it was transitory ," Janet Yellen told Fox Business correspondent Edward Lawrence.
"It has come down," she continued, before launching into some Clintonesque semantic wordplay to qualify her mea culpa....
(Headline USA) Business owners in Oakland, Calif., threatened this week to stop paying taxes until the city takes action to combat rising crime rates.
José Ortiz, owner of La Perla Puerto Rican cuisine, said he and several other local entrepreneurs were rallying businesses in the area to agree to stop paying...
(Mike Maharrey, Money Metals News Service) Gold just had quite a bull run, setting a new all-time high along the way. But Money Metals’ Midweek Memo host Mike Maharrey says this is just the opening act. If you enjoyed that, you’re really going to like the feature.
In this episode,...
(Mike Maharrey, Money Metals News Service) Price inflation is like the gum on the bottom of your shoe that you just can't scrape off. Or maybe it’s like a movie theater floor after a big premiere.
It’s sticky.
And that's a problem.
The CPI data for February wasn’t anything to panic about....