Friday, June 20, 2025

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Idaho Reaffirms Gold and Silver As Legal Tender

(Sound Money Defense League, Money Metals News Service) For the second time this month, new sound money legislation has become law in Idaho. Faced with the overwhelming likelihood of a veto override from the legislature, liberal Idaho Governor Brad Little signed the Idaho Constitutional Money Act of 2025 reaffirming gold and silver...

High Prices Drive Indian Gold Investment Demand, Drag Down Jewelry Sales

(Mike Maharrey, Money Metals News Service) Record prices have dampened Indian gold jewelry demand but continue to drive investment buying. India ranks as the world's second-largest gold market. The gold market dynamics in India are similar to those in China. The price of gold is up 13 percent in rupee terms year-to-date, and...

Pressing Questions Asked by Gold & Silver Investors…

(Money Metals News Service) We get lots of questions from the public about precious metals. Some people are curious about the basics. Others are skeptical about the case for owning gold and silver. Still, others are longtime customers who have highly specialized inquiries. Here are two very common questions... QUESTION: What’s Money...

That Was Fast! Gold Shot to $3,000 at a Historic Pace

(Mike Maharrey, Money Metals News Service) Gold pushed above $3,000 an ounce last Friday and has continued to drive higher. A lot of mainstream analysts forecast $3,000 gold for this year, but the pace of gold’s climb has been faster than most expected. The price of gold hit new highs 40...

Chinese Gold Investment Demand Surged in February

(Mike Maharrey, Money Metals News Service) Investment demand for gold in China was robust last month, with monthly ETF gold inflows setting a record. China ranks as the world’s number one gold market. The Shanghai Benchmark Gold Price PM (SHAUPM) in yuan rose 4.3 percent last month. That was slightly higher...

San Francisco Bureaucrat Faked 17 Children to Scam $500K in Handouts

(Luis Cornelio, Headline USA) A San Francisco city worker was caught multiplying like rabbits—at least on paper—after fabricating records for more than a dozen children in a scheme to defraud taxpayers of more than $500,000 in government entitlements.  Daisy Avalos, a staffer in the San Francisco Human Services Agency, and her...

Kentucky Legislature Repeals Sales Taxes on Gold and Silver, Encourages Lawsuits for Wrongful Taxation

(Money Metals News Service) The Kentucky legislature has overwhelmingly passed a new sound money bill, sending the measure to Gov. Andy Beshear for his signature. House Bill 2 aims to prevent the collection of sales taxes on gold and silver, and would enable taxpayers to sue the state for recovery...

Gold and Silver Look Ready to Rock and Roll

(Jesse Colombo, Money Metals News Service) The financial markets have been all over the place this week, with stocks swinging back and forth without a clear direction. The session opened on a positive note after a benign U.S. Consumer Price Index (CPI) report showed core inflation rising just 3.1% in...

The Weaponization of the Dollar and Its Global Implications

(Money Metals News Service) In this week’s episode of the Money Metals Midweek Memo, host Mike Maharrey went into a deep discussion on the weaponization of the U.S. dollar, the global response to financial sanctions, and the ongoing trend of de-dollarization. Maharrey revisited a 2019 appearance on RT, where he predicted...

Stock Market Sinking… and What Are Gold & Silver Doing?

(Money Metals News Service) The Dow, S&P 500, and the Nasdaq all sold off viciously yesterday, with the Nasdaq having its worst day since 2022. This brings overall stock market losses to $4 trillion since last month's highs. Shares of the "Magnificent Seven," the companies largely responsible for the strong...

De-Dollarization, Gold and a Shift to a Multipolar World

(Mike Maharrey, Money Metals News Service) An end to the dollar’s status as the world’s reserve currency would mean disaster for the U.S. economy. The United States depends on global demand for dollars to facilitate its borrowing and spending. The greenback’s status helps support America’s economic and military dominance. You...

The Gold at Fort Knox WAS Stolen from Americans

(Ryan McMaken, Money Metals News Service) In recent days, President Donald Trump, Elon Musk, Senator Rand Paul, and some others have pressed for an audit of the US gold reserves, with a special focus on the gold at Fort Knox. This is perfectly reasonable given that the U.S. gold reserves—which...
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