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Brien Lundin: Debt, Debasement, and Why Gold’s Bull Market Has Support

(Money Metals News Service) In a recent Money Metals Podcast interview, host Mike Maharrey spoke with Brien Lundin, editor of The Gold Newsletter and CEO of the New Orleans Investment Conference, about the outlook for gold and silver amid swelling federal debt, rising Treasury yields, Federal Reserve policy, and what Lundin views...

Central Banks Piled in More Gold in July

(Mike Maharrey, Money Metals News Service) Central banks continued to accumulate gold in July, adding a net 23 tonnes to the collective reserves. Year to date, central banks have accumulated an additional 130 tonnes of gold, about 30 tonnes less than through the same period last year. The primary difference...

Pabst Blue Ribbon Offers $20,000 Reward to Help Find Its Missing Beer

(Headline USA) Pabst Blue Ribbon wants its beer back, and it's offering a reward to help that happen. Greig DeBow, the CEO of Pabst Brewing Co., said Wednesday that the company will pay up to $20,000 to anyone who provides new information that leads to the recovery of 1,602 cases...

Apple’s New CEO, John Ternus, Takes Over From Tim Cook After 15 years

(Headline USA) Apple's new CEO John Ternus takes the helm of the iconic tech giant on Tuesday, ending Tim Cook's 15-year tenure during which the company's value skyrocket to $4.6 trillion thanks to the iPhone's enormous popularity. The transition to a new CEO comes at a pivotal time for Apple. Artificial...

Peter Krauth Sees Silver Reaching $80 to $85 Before Year-End

(Money Metals News Service) Silver has decisively broken above the once-formidable $50 barrier, but Peter Krauth believes the bull market still has room to run. During a recent Money Metals podcast interview with host Mike Maharrey, Krauth argued that strong investment demand, industrial consumption, depleted exchange inventories, and emerging technologies continue to...

Meta Reaches $18 Billion Settlement with States in Landmark Trial Over Teen Social Media Addiction

(Headline USA) Meta agreed Wednesday to pay up to $18 billion and add stronger child-safety measures to its Facebook and Instagram platforms as part of a landmark legal settlement that ended a trial over teen social media addiction and settled claims filed by nearly every state. The settlement resolved a...

$50,000 Gold? Billionaire Investor Thomas Kaplan Thinks So

(Mike Maharrey, Money Metals News Service) Billionaire investor Thomas Kaplan has issued an eye-popping gold price forecast of $50,000. In an interview on Kitco News, Kaplan said, "Seeing gold go up another tenfold from here, to me, is not just likely, but inevitable." "I can see gold going to 30, 40, 50,000...

Vast Majority of Americans Want Public Healthcare Prices

(Andrew Rice, The Center Square) The vast majority of Americans want hospitals and healthcare providers to publicly disclose prices before patients receive care, according to a new poll. The Center Square Voters Voice Poll, conducted by Noble Predictive Insights, found 88% of American voters said it was at least "somewhat...

Ex-Abercrombie & Fitch CEO is Mentally Fit for Sex Trafficking Trial, Judge Says

(Headline USA) The former CEO of Abercrombie & Fitch is mentally competent to stand trial as he faces sex trafficking charges after being hospitalized for months for dementia and Alzheimer’s symptoms, a federal judge ruled. U.S. District Court Judge Nusrat Choudhury, in her Thursday decision, concluded that Michael Jeffries “clearly possesses...

Texas Judge Voids Biden Ghost Gun Rule

(José Niño, Headline USA) A Texas federal judge has struck down the Biden administration's signature restriction on untraceable firearms, finding the regulation violates two separate constitutional guarantees roughly 17 months after the Supreme Court let it stand on narrower grounds. Chief U.S. District Judge Reed O'Connor of Fort Worth ruled...

Private Equity Money Swings Sharply Toward the GOP

(José Niño, Headline USA) Private equity has swung firmly behind Republican candidates this election cycle, breaking from its usual pattern of splitting donations evenly between the two parties, according to a Wall Street Journal report.  Employees at buyout and investment firms sent roughly $60.2 million to congressional candidates and party...

Chinese Gold Demand Was Steady in July

(Mike Maharrey, Money Metals News Service) Despite gold's sideways price performance and increased volatility, Chinese gold demand remained generally stable in July. China ranks as the world’s biggest gold market. The gold price in yuan was virtually unchanged in July. According to the World Gold Council's gold return attribution model, a...
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