Friday, May 23, 2025

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One Last Biden Grift? $30 Million Book Deal Reportedly in the Works

(Luis Cornelio, Headline USA) Joe Biden’s reputation rehab tour may soon include a massive payday.   The disgraced former president is reportedly eyeing a multi-million-dollar book deal alongside his wife, former First Lady Jill Biden.  Biden, fresh off defending his scandal-plagued legacy on the leftist show The View, is already drafting a...

Students Are Only Being Taught Half the Inflation Story

(Mike Maharrey, Money Metals News Service) It’s no wonder people don’t understand inflation. High school students are only being taught half the story. A friend ran across this lesson for International Baccalaureate (IB) high school students. The IB program is “a rigorous, two-year high school curriculum (Grades 11 and 12)...

Fed Chair Powell Tells the Truth: “We Don’t Know!”

(Mike Maharrey, Money Metals News Service) In a rare moment of honesty, Federal Reserve Chairman Jerome Powell admitted he and his fellow central bankers don’t know what they’re doing as they wrapped up the May Federal Open Market Committee (FOMC) meeting. As was expected, the Fed held interest rates steady...

Global Gold Bar and Coin Demand Rose in Q1 But Not in the U.S.

(Mike Maharrey, Money Metals News Service) Demand for physical gold surged in the first quarter. But not in the United States. Asian investors primarily drove demand for gold bars and coins as American investors continued to sit on the sidelines. Global demand for gold bars and coins rose by a healthy...

How Much Is My Scrap Gold Worth?

(Mike Maharrey, Money Metals News Service) With gold setting record after record, people are scrambling to cash in by selling scrap gold and jewelry. Selling gold tucked away in a jewelry box or gathering dust on a shelf can certainly put extra cash in your wallet, but you should manage...

Money Metals CEO Stefan Gleason: Building Trust in the U.S. Bullion Market

(Money Metals News Service) In a revealing episode of the Paydirt Podcast, host Peter Krauth of Silver Stock Investor sits down with Stefan Gleason, President and CEO of Money Metals Exchange, to explore the company’s rapid growth, its commitment to ethical practices, and where gold and silver prices may be headed next. With nearly...

Jim Grant Warns of Long-Term Inflation and a Secular Bear Market in Bonds

(Money Metals News Service) On the Money Metals podcast, host Mike Maharrey interviewed James “Jim” Grant—founder of Grant’s Interest Rate Observer—for a sharp, historically grounded discussion on inflation, interest rates, and the fragile state of American fiscal credibility. Jim Grant is one of the most respected financial historians and market analysts of our time. With...

Central Banks Continued Stockpiling Gold in Q1

(Mike Maharrey, Money Metals News Service) Central banks continued to stockpile gold in the first quarter. Official net gold purchases came in at 244 tonnes, 21 percent below Q1 2024 (310 tonnes), but 25 percent above the five-year quarterly average. As the World Gold Council put it, central bank gold...

Gold Soars Amid Chaos: How to Stay Grounded in the Precious Metals Bull Market

(Money Metals News Service) In this episode of the Money Metals Midweek Memo, host Mike Maharrey opens with an unexpected comparison between the experience of playing goalie in a chaotic amateur hockey game and navigating today’s financial markets. Substituting for a team of less experienced players, Maharrey found himself overwhelmed by...

Is Bitcoin Ready To Retire Gold?

(Walter Donway, Money Metals News Service) Gold has won the competition — a plebiscite as long-running as established civilizations — to be crowned mankind’s universal choice as a store of value and medium of exchange — as real money. Now, in less than two decades, a potential competitor has...

Zimbabwe Reintroduces Gold Coins Sale to Strengthen Currency Reserves

(Mike Maharrey, Money Metals News Service) As gold prices skyrocket, the Reserve Bank of Zimbabwe (RBZ) has resumed issuing gold coins. The central bank introduced the coins in June 2022. The program was touted as a way for investors to store value in the face of rampant inflation. At the...

Kenya Considering Gold to Diversify Away from Dollar

(Mike Maharrey, Money Metals News Service) The Central Bank of Kenya (CBK) is considering adding gold to its reserves to “diversify away from other currencies.” Given that the Kenyan central bank holds most of its foreign reserves in dollars, this appears to be yet another step toward global de-dollarization. During an interview...
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