(Mike Maharrey, Money Metals News Service) It's starting to get difficult for the most optimistic cheerleader to pretend this economy is "robust."
We got more evidence today that the American consumer is tapped out.
And that's really bad news for an economy that depends on consumers buying stuff to keep rolling...
(Mike Maharrey, Money Metals News Service) Singapore is set to usurp London and New York as the world’s gold hub as the yellow metal shifts from West to East.
According to the World Gold Council head of Asia-Pacific and global head of central banks Shaokai Fan, the “center of gravity”...
(Headline USA) Tesla shareholders voted Thursday to restore CEO Elon Musk's record $44.9 billion pay package that was thrown out by a Delaware judge earlier this year, sending a strong vote of confidence in his leadership of the world's largest electric vehicle maker.
The ruling (along with a subsequent X...
(Molly Bruns, Headline USA) Outdoor retail outlet Tractor Supply allegedly went woke this "Pride" month, providing their employees with documents encouraging child sex changes, linking to the Trevor Project and forcing trainings focused on LGBT issues.
https://twitter.com/robbystarbuck/status/1800232784549560482/
The company promoted a training campaign called "You Belong Out Here LGBTQ+," according to investigative...
(Chris Powell, Money Metals News Service) Headlines like this have been pummeling the monetary metals sector in recent days: "Gold Is Getting So Expensive That Even China's Central Bank Stopped Buying."
According to this particular report:
China's central bank gold-buying streak has been a major driver of prices that hit record...
(Mike Maharrey, Money Metals News Service) Silver use by the solar energy sector is one of the primary factors driving the overall demand for silver, and there is reason to believe photovoltaic silver off-take will continue to increase in the years ahead.
Not only is the demand for silver panels...
(Mike Gleason, Money Metals News Service) Gold has been the headline performer in the first half of the year – breaking records and commanding attention. But in the second half of 2024, silver may be set to steal the show.
Silver has been quietly outperforming gold since February. Silver prices...
(André Marques, Money Metals News Service) Central banks’ monetary policies are the most perverse government intervention. Their consequences are dire, last for a very long time, and people don’t perceive them as problems or don’t comprehend the damage they are doing. Monetary policy (monetary expansion and artificially low interest...
(Mike Maharrey, Money Metals News Service) Last month, silver cracked the key resistance of $30 an ounce level for the first time in over a decade. It’s been quite a bull run for silver, and Chen Lin thinks it has plenty of legs left.
Lin is the founder of Lin...
(Mike Maharrey, Money Metals News Service) You are paying more and getting less thanks to persistent price inflation. Politicians and talking heads on financial news networks often point to “strong” retail sales data to support the claim that the economy is doing great.
“You see! The economy is rolling right...
(Kenneth Schrupp, The Center Square) – Congress is investigating California’s $128 billion high speed rail project, demanding the California High Speed Rail Authority provide information on the U.S. Department of Transportation’s “justification for continuing to fund the California High-Speed Rail project.”
California’s high speed rail project has completed environmental clearance...
(Interview Begins Around 5:54 Mark)
(Money Metals News Service) In a recent episode of the Money Metals Exchange podcast, host Mike Maharrey interviewed economist Dr. Peter St. Onge.
The two discuss St. Onge’s early success and subsequent financial loss during the dot-com boom, the recurring nature of economic cycles, and the...