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Thursday, May 2, 2024

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Thai Government Pension Fund Buying More Gold to Mitigate Risk

(Mike Maharrey, Money Metals News Service) The Thai government wants to mitigate risk in its pension fund so it's turning to gold and oil.  Songpol Chevapanyaroj serves as the secretary general of Thailand's Government Pension Fund (GPF). He told the Bangkok Post that fund management has become more difficult due...

More Evidence That Cooling Price Inflation Was Transitory

(Mike Maharrey, Money Metals News Service) If the hotter-than-expected March CPI data wasn't enough to convince you, there is more evidence that the "cooling inflation" we saw late last year was transitory. The media tends to focus on the Consumer Price Index but the Federal Reserve's favorite inflation measure is...

Hawaii May Block Foreign Nuts from Using State in Macadamia Marketing

(Headline USA) For decades, tourists to Hawaii have brought home gift boxes of the islands’ famous chocolate-covered macadamia nuts for friends and family, but these days many of the kernels in the package might not be Hawaii-grown. This little-known fact is surfacing at the state Legislature as lawmakers wrestle over...

Trump Criticizes Europe for Not Matching U.S. Military Aid to Ukraine

(Dmytro “Henry” Aleksandrov, Headline USA) Donald Trump recently blasted European nations in his Apr. 18, 2024, Truth Social post for not doing more to help Ukraine in its fight against Russia. Even though Trump didn't mention the current debate between Republicans on Capitol Hill over Ukraine aid, he called on American...

Bragg Received $850K in Campaign Donations after Trump Indictment

(Headline USA) Manhattan District Attorney Alvin Bragg raised $850,000 in campaign donations after announcing his indictment of former President Donald Trump last year, according to the New York Post. Records show Bragg’s reelection campaign received $374,785 in campaign donations from March 2023, when he first announced his indictment of Trump, to...

‘Not Taking Care of Our Own’: Chicago Dem Blasts $70M for Illegals

(Headline USA) A Chicago Democrat blasted his fellow city leaders this week after they passed Mayor Brandon Johnson’s request for an additional $70 million in funding for illegal immigrants.  The city’s budget committee voted 20-8 on Monday to advance the proposal to the full city council after a heated debate. Chris Taliaferro,...

Friday’s Silver Selloff May Have Been Great News for Silver Bulls!

(Mike Maharrey, Money Metals News Service) Silver endured a significant selloff last Friday. Was this another step forward in the bull market? This may seem counterintuitive, but GoldMoney founder James Turk thinks it was a positive sign for silver bulls.  The spot price of silver fell from just over $29.60 per...

Swampy Politicians in Red States Block Sound Money Reforms

(Clint Siegner, Money Metals News Service) Money Metals Exchange does more than just talk about sound money. Our public policy initiative, the Sound Money Defense League, is leading the growing ranks of citizens seeking to advance the cause across the country. Have a look at the latest grassroots victory for...

Republican AGs Investigate Investment Company Over Anti-Israel Policies

(Bethany Blankley, The Center Square) A coalition of Republican attorneys general has launched an investigation into MSCI, a New York-based investment company managing roughly more than $5 billion in assets, after allegations surfaced of its boycott, divestment and sanctions (BDS) policies against Israel. The coalition, led by Florida Attorney General...

Major Victory: Kentucky Gold & Silver Tax Vote

(Money Metals News Service) In a high-stakes showdown with Gov. Andy Beshear over a gold and silver sales tax exemption, the Kentucky legislature today deemed his attempted line-item veto as an illegal act -- and directed the Secretary of State to enroll the exemption into law. This action makes the...

Ex-Chief of Staff Blasts Biden for Mishandling Inflation, Economy

(Headline USA) Former White House chief of staff Ron Klain blasted President Joe Biden over his handling of inflation and the economy, according to a leaked audio recording obtained by Politico. The audio was recorded during a private event at which Klain was a speaker, hosted by the website Democracy: A...

Gold’s Rise and Economic Insights: A Midweek Memo

(Money Metals News Service) In this week's episode of "Money Metals Midweek Memo," host Mike Maharrey delves into the often overlooked yet significant realm of gold investment, drawing an engaging parallel between gold's market perception and a personal anecdote from his school days about a girl named Bertha.  Much like...
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