(Mike Maharrey, Money Metals News Service) When I was about 7 years old, my friend Tommy and I decided we were going to dig a cave. We envisioned a massive cavern we could stand up in. It would be our secret fort. We went as far as digging a...
(Mike Maharrey, Money Metals News Service) I've been watching the commercial real estate (CRE) sector as a potential catalyst for the next financial crisis. So far, it has managed to hold together, but there is still trouble brewing under the surface.
The story of one commercial real estate investment by...
(Casey Harper, The Center Square) President Joe Biden released a statement Monday morning thanking Gene Sperling, a top economic advisor, as he left his position the same morning that fears of a U.S. recession sent the U.S. stock market tumbling.
As of Monday morning, the Dow had dropped 900 points...
(Mike Maharrey, Money Metals News Service) Despite central bank gold buying slowing moderately in the second quarter, it set a record through the first half of 2024.
Central banks globally added a net 483 tons of gold through the first six months of the year, 5 percent above the record...
(Brett Rowland, The Center Square) The Department of Justice sued TikTok and its parent company, China-based ByteDance, on Friday for alleged violations of an online privacy law for children.
"The Department is deeply concerned that TikTok has continued to collect and retain children’s personal information despite a court order barring...
(Headline USA) People who live near East Palestine, Ohio, can now get $25,000 apiece for any injuries they sustained after last year's Norfolk Southern freight train derailment on top of whatever money they get for property damage as part of the $600 million class-action settlement.
The lawyers who negotiated the...
(Dmytro “Henry” Aleksandrov, Headline USA) A new audit by the Treasury Department’s inspector general found that IRS employees and contractors owe a collective $50 million in back taxes, who happened to be the same people who are constantly counting every penny in the wallets of the American taxpayers.
The Daily...
(Clint Siegner, Money Metals News Service) Americans are questioning all sorts of government functions these days. For example, the majority of people, according to polls, have doubts as to whether U.S. elections are free and fair.
Some believe the federal justice system has been weaponized and used against those in...
(Dmytro “Henry” Aleksandrov, Headline USA) After Joe Biden left the presidential race on July 21, 2024, and endorsed Kamala Harris, Netflix co-founder Reed Hastings, who had wanted Biden to step aside for a very long time, donated $7 million to Harris's 2024 campaign.
Trending Politics reported that this resulted...
(Mike Gleason, Money Metals News Service) As Democrats prepare to coronate Kamala Harris, investors are growing nervous.
One measure of investor apprehension is the VIX volatility index, also known as the fear index. The VIX spiked on Thursday to its highest level in three months.
That coincided with a selloff on...
(Mike Maharrey, Money Metals News Service) One of the ways the government maintains its fiat money system is by throwing up legal and regulatory roadblocks to those wanting to use real money such as gold and silver. Reviving the use of gold clause contracts removes one of those barriers.
The...
(Mike Maharrey, Money Metals News Service) A growing number of African countries are turning to gold to hedge geopolitical risk and protect against currency losses.
Nigeria, Uganda, Zimbabwe, Madagascar, and several other African nations have made moves to increase gold reserves, bring their gold home, and even back their currencies...