(Mike Maharrey, Money Metals News Service) Chinese analysts recently expressed concern about the sustainability of the U.S. government’s borrowing and spending, suggesting that the country should further limit its exposure to U.S. debt.
In an article published by China Money, a publication overseen by the Chinese central bank, researchers from the...
(Mike Maharrey, Money Metals News Service) Earlier this month, Citi raised its gold forecast. Another big bank, UBS, has now followed suit.
The Swiss investment bank nudged its Q1 2026 forecast gold price by $100 to $3,600 an ounce. This would mean new record highs over the next six months or...
(Money Metals News Service) In this week’s episode of the Money Metals Midweek Memo, host Mike Maharrey explored the parallels between Iran’s recent currency redenomination and the United States’ long history of monetary debasement.
The discussion connected historic and current events to show how inflation is not only persistent but...
(Mike Maharrey, Money Metals News Service) Iran has found a solution to its inflation problem. Just lop some zeros off the currency.
A parliamentary economics committee recently approved a bill to re-denominate the rial. The new currency would retain the name, but one new rial would equal 10,000 old rials.
Imagine...
(Mike Maharrey, Money Metals News Service) The Bolivian government is using gold to maintain the country's solvency.
Large amounts of dollar-denominated debt burden Bolivia, and the country owns the lowest credit rating of any Latin American country, according to S&P Global. The country’s debt is rated Ca, defined as “likely...
(Tate Miller, The Center Square) President Donald Trump’s Department of Education is working to restore the student aid FAFSA form after the Biden administration made what should be a couple-minute long process into a days-long one.
As a part of the rehabilitation effort, Secretary of Education Linda McMahon attended a...
(Thérèse Boudreaux, The Center Square) The White House is touting a new economic analysis that estimates taxpayers will see an average $3,752 tax cut in 2026, due to provisions in the One Big Beautiful Bill Act.
According to the nonpartisan Tax Foundation report, taxpayers in every state will see reduced...
(Mike Maharrey, Money Metals News Service) Government currency debasement steals your wealth and erodes your purchasing power, but there is a situation in which you can use the devaluation of our money to your advantage.
If you have to pay a fine and want to make a point.
That’s exactly what...
(Mike Maharrey, Money Metals News Service) Uncle Sam is cashing in on tariff revenue, but it’s not keeping up with his out-of-control spending habits.
Despite triple the amount of tariff income, the July budget deficit surged to $294.14 billion, 19 percent higher than a year ago, according to the Monthly Treasury Statement.
Meanwhile,...
(Brett Rowland, The Center Square) Congress has spent more money than it has collected for the last two decades, allowing the U.S. debt to top $37 trillion for the first time.
Experts expected the U.S. to pass the $37 trillion mark months ago. The Treasury Department marked the milestone in...
(Mike Maharrey, Money Metals News Service) Indian jewelry dealers remain upbeat despite headwinds created by higher prices. They expect demand to rebound in the latter half of the year and are aggressively stocking inventory as the fall festival and wedding season approaches.
India ranks as the second-largest gold market in...
(Clint Siegner, Money Metals News Service) There are hints that at least a few within the federal government are toying with the idea of revaluing U.S. gold reserves.
The 261.5 million ounces of gold reportedly owned by the U.S. Treasury have been held on the books at just $42.22/oz since the last...