(Luis Cornelio, Headline USA) After releasing bombshell evidence of misconduct in the intelligence community, Director of National Intelligence Tulsi Gabbard announced a sweeping plan to strip down and rebuild the agency.
Gabbard said Wednesday the Trump administration is launching “ODNI 2.0” to slash staff by 40 percent and save tax payers...
(Daniel Lacalle, Money Metals News Service) Central banks have become the dominating force in financial markets.
Easing and tightening decisions move all assets from bonds to private equity. Their role is supposed to be to control inflation, provide price stability, and ensure normal market functions.
However, there is little evidence of...
(Alton Wallace, The Center Square) Oil and gas production resumed on May 15 that had been out of service for 10 years after an oil spill off the California coast, with the restart of the Santa Ynez Unit in the Santa Barbara Channel expected to boost U.S. energy supplies...
(Clint Siegner, Money Metals News Service) Rumors of gold revaluation have been in the news lately. One thing is clear. Politicians have no interest in using the nation’s gold reserves for anything like the original purpose.
Americans get smoke and mirrors instead. Officials may like to point to the large reserves and...
(Brett Rowland, The Center Square) U.S. businesses and their partners across the globe are looking to make sure they comply with the highest import duties in decades amid a worldwide focus on President Donald Trump's slate of tariffs.
Since retaking office, Trump has hit nearly every nation with new tariffs...
(Money Metals News Service) In a recent Money Metals podcast, host Mike Maharrey spoke with Jeff Clark, a veteran gold and silver analyst and founder of TheGoldAdvisor.com, about the state of the precious metals markets, mining stocks, and the forces shaping investor sentiment.
Clark launched The Gold Advisor during the COVID-19 pandemic and is the...
(Mike Maharrey, Money Metals News Service) On August 11, the national debt officially topped $37 trillion for the first time.
It took a little longer to hit this milestone. It only took 188 days for the debt to grow from $35 trillion to $36 trillion. It took another 265 days to reach...
(Mike Maharrey, Money Metals News Service) Since hitting a record high of $3,500 an ounce in April, gold has consolidated and generally traded sideways over the last several months. Some have speculated that the rally might be over, but economist Thorsten Polleit believes the rally is far from over.
In...
(Money Metals News Service) In this week’s Money Metals Midweek Memo, host Mike Maharrey draws a sharp parallel between preparing for hurricanes and preparing for financial storms.
Using his own recent investment in hurricane panels as a jumping-off point, he warns that most Americans are dangerously unprepared for economic upheaval—whether...
(Thérèse Boudreaux, The Center Square) On the day before Social Security’s 90th anniversary, fiscal watchdogs are urging Congress to seriously address the program’s impending funding shortfalls – particularly in light of the now $37 trillion national debt – even as lawmakers met Wednesday to discuss increasing benefits.
“The looming shortfalls...
(Jesse Colombo, Money Metals News Service) I wanted to post a quick follow-up to the recent tariff saga that has whipsawed the gold market in recent days—and, by extension, silver, due to their close correlation. I first covered this on Saturday, and yesterday brought the latest development.
After some back-and-forth over...
(Jesse Colombo, Money Metals News Service) What to know about last week’s tariff-driven spike and drop in COMEX gold futures, and what it means for gold’s next move.
What began as a quiet week for gold took an unexpected turn on Thursday afternoon when speculation emerged that gold bullion imports into the...