(Mike Maharrey, Money Metals News Service) After doubling in July, central bank gold buying slowed in August with record high prices but remained in positive territory.
Globally, central banks added a net 8 tons of gold to their reserves in August.
Although it was the lowest net increase in gold reserves...
(Joshua D Glawson, Money Metals News Service) The discovery of gold in the United States profoundly shaped the nation’s economic and social development, especially during the 19th century.
These gold rushes transformed regional economies, spurred massive population movements, led to the establishment of new towns, and influenced U.S. territorial expansion.
While...
(Mike Maharrey, Money Metals News Service) According to Bank of America, gold has overtaken the euro to become the world’s second-largest central bank reserve asset.
With the central bank gold buying spree over the last several years, along with the rapid rise in price in 2024, the yellow metal now...
(Money Metals News Service) In a recent interview with Money Metals Podcast host Mike Maharrey, Gerald Celente, Founder of the Trends Research Institute and Publisher of the Trends Journal, discussed the significant global issues that he believes are shaping the future.
With over 43 years of experience in trend forecasting, Celente’s insights on...
(Chris Cella Jr., Headline USA) The Walt Disney Company has faced another setback with its latest Star Wars project, The Acolyte, which was recently canceled following a controversial debut that included show-runners touting its reimagining of the Jedi as lesbian witches.
Initial false reports indicated the show cost around $180...
(Headline USA) The president of the Federal Reserve's Richmond branch says he supports reducing the central bank's key interest rate “somewhat” from its current level but isn't yet ready for the Fed to fully take its foot off the economy's brakes.
In an interview Thursday with the Associated Press, Tom...
(Mike Maharrey, Money Metals News Service) At one time, the U.S. monetary system was backed by gold. Now, it’s not backed by anything.
It's nothing but smoke and mirrors.
But most Americans don’t realize this. In fact, nearly a third of respondents to a 2019 recent survey believed the U.S. dollar...
(Jon Forrest Little, Money Metals News Service) In a striking development that has caught the attention of global financial markets, Iran's gold imports have surged dramatically, increasing sixfold over a six-month period.
This significant uptick in gold acquisition highlights the Islamic Republic's strategic move to circumvent international sanctions and stabilize...
(Mike Maharrey, Money Metals News Service) As I sit here and watch outer bands from Hurricane Helene spin into the area, I thought this would be a great time to teach a little economics.
I know this is a fruitless endeavor, but I have to at least give it the...
(Money Metals News Service) In a recent TV interview, Jp Cortez, Executive Director of Money Metals’ Sound Money Defense League, highlighted the opening of the largest gold depository in North America, a major industry development supporting the growing sound money movement in the U.S.
He also discussed Money Metals' recent...
(Headline USA) Former President Donald Trump warned this week that he would hit John Deere with a 200% tariff if he wins November’s election and the iconic U.S. company outsources its manufacturing to Mexico, Fox Business reported.
Earlier this year, John Deere announced it was laying off thousands of workers at...
(Matthew Cortez, Sound Money Defense League) Inflation is pernicious and widespread – silently siphoning the purchasing power of the U.S. Federal Reserve note “dollar” from the savings of the American people year after year.
Meanwhile, central banks all over the globe – from Saudi Arabia to China to Egypt and...