(Mike Maharrey, Money Metals News Service) The bank bailout program established by the Federal Reserve in the wake of last spring's banking crisis is scheduled to shut down on March 11.
Then what?
There are a lot more questions than answers.
For instance, will the Fed blink?
And if it doesn’t, how will...
(Luis Cornelio, Headline USA) Huma Abedin, the infamous ex-wife of disgraced former Rep. Anthony Weiner, and Alex Soros, the son of billionaire left-wing donor George Soros, caused a stir on social media when they publicly announced an apparent relationship.
On Wednesday, Soros took to Instagram, sharing a photo of himself with Abedin...
(Mike Maharrey, Money Metals News Service) The Federal Reserve is between a rock and a hard place. It needs to cut interest rates because this debt-riddled economy simply can’t function in a high-rate environment. But the Fed can’t plausibly cut rates with price inflation still far above its target.
As...
(Jacob Bruns, Headline USA) While millions of Americans were distracted Sunday night by the Super Bowl, the U.S. Senate advanced an appropriations bill that would allocate $60 billion more American tax dollars to the increasingly unpopular war effort in Ukraine, CNBC reported.
The bill, pushed by Democrats and backed by...
(Mike Maharrey, Money Metals News Service) Russia has reportedly used gold to evade currency restrictions put in place as part of economic sanctions levied in the wake of the invasion of Ukraine.
Under the sanction regime, Russian banks are prohibited from importing dollars or euros into the country. The ban...
(Bethany Blankley, The Center Square) – The Texas legislature has allocated more than $11.6 billion to border security efforts over a four-year period, the most in state history.
It totals more than multiple state fiscal year budgets and more than what the Trump administration allocated to federal border security efforts...
(Mike Maharrey, Money Metals News Service) With gold prices skyrocketing in their local currency, Egyptians are turning to silver to protect their savings and wealth from skyrocketing price inflation.
According to a Reuters report, surging prices and a weakening currency have driven the price of gold in Egyptian pounds to...
(Headline USA) The same sub-prime lending practices that resulted in the 2008 "great recession" are making a comeback courtesy of the woke Justice Department.
With the inflationary Biden economy, Federal Reserve rate hikes and market shortages related to factors including the pandemic and illegal immigration, home-ownership has become increasingly prohibitive...
(Mike Maharrey, Money Metals News Service) Central banks gobbled up gold again in 2023. Central bank gold buying fell just 45 tons short of 2022’s multi-decade record.
According to the World Gold Council, central banks net gold purchases totaled 1,037 tons. It was the second straight year central banks added...
(Headline USA) From Flamin’ Hot Cheetos to Sweet Heat Starburst, America’s snacks are getting spicier. Now, Coca-Cola wants in on the trend.
On Wednesday, the Atlanta beverage giant introduced Coca-Cola Spiced, the first new permanent offering to its North American portfolio in three years. Coca-Cola Spiced and Coca-Cola Spiced Zero...
(Brien Lundin, Money Metals News Service) As we predicted, Jerome Powell threw a bucket of cold water on gold and the rest of the markets, and we’re now experiencing sell-offs as expectations reset.
Gold – along with just about every other investment sector – continues to sell off in the...
(Stefan Gleason, Money Metals News Service) The Federal Reserve’s most recent policy statement came with a curious omission. Fed officials removed language from previous statements that proclaimed “the U.S. banking system is sound and resilient.”
That begs the question: Is the banking system no longer sound and resilient?
The Fed initially...