(Jesse Colombo, Money Metals News Service) The U.S. dollar is undergoing a major technical breakdown—a highly bullish development for commodities, especially precious metals and their mining stocks.
For the past couple of months, I’ve been warning of a likely breakdown in the U.S. dollar—an event that historically signals a bullish...
(Mike Maharrey, Money Metals News Service) Argentines are married to the dollar, but they're having a love affair with gold.
As a Bloomberg article framed it, Argentines were once "almost irrationally devoted to the dollar." In fact, the country ranks among the top holders of U.S. dollars.
According to Bloomberg, the devotion to the dollar...
(José Niño, Headline USA) Federal agencies under the Biden administration monitored foreign visitors to Elon Musk, according to a Wall Street Journal report.
The Journal's Tuesday report specifically revealed that, throughout 2022 and 2023, multiple U.S. government agencies monitored the movements of foreign nationals traveling to visit Musk at his...
(Luis Cornelio, Headline USA) ABC News has fired one of its star correspondents after he publicly berated President Donald Trump and White House official Stephen Miller in a brazen anti-Trump rant.
The network said Tuesday it would not renew its contract with Terry Moran, a senior national correspondent, after he accused...
(Mike Maharrey, Money Metals News Service) With the U.S. weaponizing the dollar and trade, some people in Germany are calling on the Bundesbank to move at least some of its gold out of New York and bring it home to minimize the risk of U.S. meddling.
Germany owns the second-largest gold reserves...
(Mike Maharrey, Money Metals News Service) Consumer borrowing unexpectedly surged in April as Americans tried to get ahead of potential price increases due to tariffs. This reversed a trend of declining consumer borrowing since the beginning of the year.
Total consumer debt swelled by $17.9 billion in April, a 4.3...
(Luis Cornelio, Headline USA) California Gov. Gavin Newsom suggested on Friday that his state may refuse to pay federal taxes in retaliation for President Donald Trump’s threats to slash funding for the Golden State.
“Californians pay the bills for the federal government. We pay over $80 BILLION more in taxes than...
(Mike Maharrey, Money Metals News Service) Central banks have been aggressively adding gold to their reserves over the last three years, and several African banks are poised to join the party.
On net, central banks officially increased their gold holdings by 1,044.6 tonnes in 2024. It was the 15th consecutive...
(Mike Maharrey, Money Metals News Service) Incentives matter. Policymakers ignore this axiom at their own risk.
The U.S. government’s weaponization of the dollar has made many countries wary of holding greenbacks, and we’ve seen an accelerating de-dollarization over the last few years.
Now the U.S. government has weaponized trade.
Many countries have responded by...
(Thérèse Boudreaux, The Center Square) Congress will soon vote on the White House’s rescissions package that would pull billions in taxpayer dollars from foreign aid and public broadcasting programs.
The package, compiled by the Office of Management and Budget, requests the cancellation of $9.4 billion in already appropriated spending. This...
(Luis Cornelio, Headline USA) CNN star correspondent Alex Marquardt announced on Monday that he was leaving the network, just months after his misleading reporting on Navy veteran Zachary Young triggered a $5 million defamation payout.
Marquardt made the announcement on X, reminiscing about his eight years with the network. “Tough to...
(Jesse Colombo, Money Metals News Service) Gold, silver, and mining stocks just had a stellar day, significantly improving their technical setups. Gold jumped 2.8% while silver surged 5.38%, driven by a weaker U.S. dollar and escalating trade tensions with China.
Over the weekend, President Trump accused China of violating a recent...