(Money Metals News Service) In this Money Metals podcast episode, host Mike Maharrey welcomed silver market specialist Peter Krauth, author of The Great Silver Bull and publisher of Silver Stock Investor, for a wide-ranging discussion on war, inflation, interest rates, debt, industrial demand, physical silver supply, and the long-term outlook for silver.
Krauth’s core...
(Thérèse Boudreaux, The Center Square) The U.S. Treasury says the national debt is roughly $39 trillion, but a nonpartisan accounting group estimates that the true number is $170.3 trillion.
Unlike the Treasury’s calculations, Truth in Accounting included all of the federal government’s unfunded obligations in its debt assessment, including unfunded...
(Mike Maharrey, Money Metals News Service) Despite sales by Turkey and Russia, net central bank gold buying was positive in February, rebounding from a tepid January.
In total, central banks globally added a net 19 tonnes of gold to their reserves in February. That was up from just 5 tonnes...
(Headline USA) Stocks are dropping and oil prices are soaring after President Donald Trump vowed the U.S. will continue to attack Iran and failed to offer a clear timetable for ending the conflict in the Middle East. The S&P 500 fell 1.2% and the Dow sank 600 points and...
(José Niño, Headline USA) The Trump administration terminated three social media accounts that recently retired Border Patrol official Gregory Bovino had converted to his personal brand and declined to relinquish despite them being government property, the Washington Examiner reported.
Facebook, Instagram, and X accounts tied to the Border Patrol's El...
(Headline USA) Federal prosecutors probing public corruption in New York have charged the leaders of a homeless shelter nonprofit with stealing $1.3 million from the taxpayer-backed organization and steering contracts worth millions more to favored vendors in exchange for bribes and kickbacks, according to an indictment unsealed Tuesday.
The charges...
(Mike Maharrey, Money Metals News Service) One of the things that makes gold valuable is its scarcity. But just how rare is gold?
Based on best estimates, geologists at Metals Focus estimate that there are 219,890 tonnes of gold currently above ground.
That sounds like a lot, but if you melted...
(Jared Strong, The Center Square) U.S. senators collectively spend more than a million taxpayer dollars each year for pricey flights on private planes for themselves and their staff, even though Senate rules greatly discourage the practice, an investigation by The Center Square found.
The spending includes a Midwestern senator who...
(Andrew Rice, The Center Square) The U.S. Senate agreed to fund the Department of Homeland Security early Friday, without including funds for ICE and Border Patrol.
The Senate passed the funding bill by a voice vote, where Senators say "Aye" or "Nay" to pass legislation and the chair determines the...
(Money Metals News Service) In a recent episode of the Money Metals Midweek Memo podcast, Mike Maharrey opens with a surprising admission. In the short term, he has turned bearish on gold.
This is not a reversal of conviction but a recognition of current market realities. Maharrey makes clear that his...
(Dave DeCamp, Antiwar.com) Iran’s PressTV reported on Wednesday that Tehran has rejected the Trump administration’s 15-point proposal to end the war the United States and Israel launched on February 28 and laid out its own conditions to end the conflict.
“Iran will end the war when it decides to do...
(Mike Maharrey, Money Metals News Service) Many people are flummoxed by gold’s deep correction over the last two weeks. Given there’s a war on, shouldn’t gold be catching a strong safe-haven bid?
In fact, the pattern playing out in the gold market isn't out of character. We saw similar dynamics...