(Mike Maharrey, Money Metals News Service) Silver is becoming increasingly discounted relative to gold, as indicated by the widening of the gold-silver ratio.
In other words, silver is on sale once again.
Both silver and gold are down sharply since their record peaks in January. However, silver’s downward trajectory was even...
(José Niño, Headline USA) Rhode Island shoppers should expect longer wait times at the grocery store. Reason reports the state now leads the country in restricting grocery self-checkout, after Gov. Daniel McKee put his name on the Restrictions on Self-Service Checkout Stations Act in late June.
The statute demands one...
(Ken Silva, Headline USA) The Justice Department announced Tuesday that several jewelry dealers have been arrested for allegedly smuggling nearly $1 billion worth of gold jewelry into the U.S. without paying customs duties.
The U.S. has agreements with Oman and Singapore that allows jewelry made there to be imported duty-free....
(Luis Cornelio, Headline USA) Just last week, disgraced former first son Hunter Biden celebrated after a federal judge awarded him over one million dollars in connection with a defamation lawsuit. But that victory may be short-lived after his former attorneys filed a lien seeking the proceeds.
The June 10 $1.7 million...
(Headline USA) Billionaire Warren Buffett said Wednesday that his decision to cut the Gates Foundation out of his charitable giving is more about believing his three kids are ready to handle giving away his entire fortune than it is about Bill Gates' ties to convicted sex offender Jeffrey Epstein.
Buffett...
(David Beasley, The Center Square) An Ohio state board has approved $1 million in taxpayer emergency funding for child protection services in Vinton County, where 16 children were recently taken into custody in one day in what has been described as “an unprecedented child welfare crisis.”
Vinton County, with a...
(Headline USA) An experimental drug might help slow early Alzheimer’s disease in a markedly different way than today’s treatments — by lowering levels of a brain protein called tau, researchers reported Tuesday.
Tau is one part of a toxic duo fueling Alzheimer’s but prior attempts to develop drugs that can...
(Stefan Gleason, Money Metals News Service) Gold and silver traded in a volatile fashion over the past several days as investors weighed conflicting signals from the Federal Reserve, economic data, and geopolitical developments in the Middle East.
Both metals attempted to rebound early in the week after softer labor-market data...
(Mike Maharrey, Money Metals News Service) Gold is only down around 7 percent on the year and has remained one of the best-performing assets over the last 12 months. However, gold has fallen around 30 percent from its mid-January highs, and the bears seem to be in control for the...
(Headline USA) The former chief financial officer of The Epoch Times, a conservative multinational media company, interrupted jury selection at his money laundering trial on Thursday to plead guilty to a conspiracy charge in a $67 million fraud scheme.
Weidong “Bill” Guan, 63, of Secaucus, New Jersey, entered the plea...
(Chris Woodward, The Center Square) Private prison operator CoreCivic has sold two Southern California immigration detention centers to the federal government for $1.5 billion.
Under the deal, the U.S. Department of Homeland Security takes ownership of the Otay Mesa Detention Center in San Diego County for $739.2 million and the...
(Mike Maharrey, Money Metals News Service) Hong Kong has launched trial operations of its gold clearing and settlement system, putting the region in a position to challenge Western dominance of the global gold market.
London, New York, and Switzerland have served as the center of the gold trade for nearly...