(Mike Maharrey, Money Metals News Service) Did the U.S. government really try to confiscate Americans' gold? The short answer is... well, there isn't a short answer. It's a complicated subject with more nuance than most people give it.
Yes, President Franklin D. Roosevelt did try to take most of the...
(Mike Maharrey, Money Metals News Service) India imported more silver through the first four months of 2024 than it did in the entirety of last year.
Indian silver imports totaled 4,172 tons of silver from January through April. That compares with 455 tons during the same period in 2023.
India imported...
(Headline USA) A federal judge on Tuesday sentenced former FTX executive Ryan Salame to more than seven years in prison, the first of the lieutenants of failed cryptocurrency mogul Sam Bankman-Fried to receive jail time for their roles in the 2022 collapse of the cryptocurrency exchange.
Salame, 30, was a...
(Mike Gleason, Money Metals News Service) As hopes for rate cuts fade, metals markets are giving back some of their recent gains.
On Wednesday, minutes from the Federal Reserve’s latest policy meeting showed central bankers are frustrated by the lack of progress on inflation. After several months of official inflation...
(Bethany Blankley, The Center Square) – Nineteen Republican attorneys general filed a Bill of Complaint with the U.S. Supreme Court, taking legal action against five Democratic-led states.
They argue these five Democratic-led state governments have “brought unprecedented litigation against the nation’s most vital energy companies for alleged ‘climate crisis,’ and they...
(Molly Bruns, Headline USA) University of California Los Angeles's David Geffen School of Medicine, long regarded as one of the best medical schools in the world, showed signs of decline after the admissions department adopted Diversity, Equity and Inclusion-based admittance standards, according to the Washington Free Beacon.
https://twitter.com/aaronsibarium/status/1793657774767022569
Several members of the...
(Mike Maharrey, Money Metals News Service) Despite a rising price, Chinese gold demand remained robust in April. Strong investment demand more than made up for some weakness in the gold jewelry market.
This continues a trend of gold moving from West to East.
China ranks as the number one gold consumer...
(Mike Maharrey, Money Metals News Service) All that glitters isn’t gold. Silver also has quite a shine lately.
While gold has gotten the headlines, silver has had a solid bull run over the last several months. In fact, the white metal has outperformed gold in this gold bull market.
Last week,...
(Money Metals News Service) On the latest episode of the Money Metals Exchange podcast, host Mike Maharrey sat down with Brien Lundin, the editor of Gold Newsletter and CEO of the New Orleans Investment Conference. The discussion was timely, recorded on the day the April Consumer Price Index (CPI) data was...
(Ben Sellers, Headline USA) In a move that is almost certain to trigger felony election-interference charges from Manhattan District Attorney Alvin Bragg, Rep. Dan Goldman, D-N.Y., has attempted to obfuscate $162,091.92 in payments to the digital advertising firm Authentic Campaigns during the 2024 election cycle by surreptitiously sending them...
(Mike Maharrey, Money Metals News Service) Over the last couple of months, gold has scaled record highs, peaking at over $2,430 an ounce before correcting and settling in the $2,300 range.
That's a healthy gain. But you could argue that gold remains significantly underpriced given the inflation we've experienced that...
(Mike Maharrey, Money Metals News Service) The monthly rise in prices based on the Consumer Price Index (CPI) came in slightly lower than projected, sending a wave of euphoria across the financial landscape.
The consensus is cooling inflation puts Federal Reserve interest rate cuts back on the table.
The Dow Jones,...