(Mike Maharrey, Money Metals News Service) The impact of Chinese silver export rules won’t be as significant as many initially thought.
Last week, I reported that China was attempting to control the silver market using more restrictive export rules and that it could exacerbate global silver shortages. China has used a similar...
(Dave DeCamp, Antiwar.com) Vice President JD Vance had to cast a tie-breaking vote in the Senate on Wednesday night to kill a Venezuela War Powers Resolution that sought to prevent another US attack on the country without congressional authorization.
The Senate was deadlocked at 50-50 on a point of order...
(Brett Rowland, The Center Square) President Donald Trump's plans to acquire Greenland could cost U.S. taxpayers up front and over the long term.
Denmark's leaders have said the semi-autonomous Danish territory isn't for sale. So have Greenland's leaders, who depend on fishing and subsidies from Copenhagen. Denmark's central bank noted...
(Money Metals News Service) In a recent episode of the Money Metals podcast, host Mike Maharrey welcomes back Greg Weldon and notes Weldon’s long career that began in the 1980s on the trading floor in the gold and silver pits.
Maharrey says the last time Weldon appeared, in mid-October, gold had just pushed...
(Dave Mason, The Center Square) U.S. First Assistant Attorney Bill Essayli Thursday called California Gov. Gavin Newsom “the king of fraud,” accusing him of a lack of oversight on spending to address homelessness.
Essayli made the comments on the “Fox and Friends” telecast, during which he discussed the federal fraud...
(Mike Maharrey, Money Metals News Service) Gold now ranks as the world’s top reserve asset. According to World Gold Council data, global gold reserves are approaching $4 trillion. Treasury holdings total approximately $3.9 trillion.
The last time central bank gold reserves topped Treasury holdings was in 1996.
The increase in gold...
(Sarah Roderick-Fitch, The Center Square) After the weekend strikes in Venezuela and the capture of Venezuelan President Nicolas Maduro, the U.S. continues to seize sanctioned vessels operating in the Caribbean and North Atlantic.
Two sanctioned ships were seized Wednesday morning in support of the U.S. operation to secure the Western...
(Jesse Colombo, Money Metals News Service) Amid silver’s recent surge following a long period of stagnation, a wave of articles and commentaries has emerged calling its rise an unsustainable bubble that's about to burst and burn investors.
It’s worth noting that nearly all of those now calling silver a bubble...
(Money Metals News Service) Money Metals' well-stocked silver inventory situation is attracting new attention at a time when intense retail demand has wiped out many other precious metals dealers' inventories.
Commenters all over social media have been chirping about the fact that major online dealers (other than Money Metals) are...