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Saturday, November 23, 2024

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Suppressing Silver Prices Has Been Official U.S. Policy Since 1965

(Chris Powell, Money Metals News Service) In the July 18 edition of Gold Newsletter, editor and publisher Brien Lundin wrote about the failure of silver prices to keep up with gold prices. "I'm not the kind of conspiracy buff that many of my friends in the industry are," Lundin wrote, "but...

Gold: Steady So Far

(Brien Lundin, Money Metals News Service) Gold lost its gains as today’s stock sell-off gained steam, leading to a liquidity crunch and margin calls. Still, the yellow metal is weathering the turmoil very well so far. A couple of days ago I predicted that we had another week or two...

Editor Quits after Far-Left Magazine Owners Refuse to Pay Staff

(Jacob Bruns, Headline USA) The editor of Los Angeles Magazine quit after barely a year because its far-left owners had stopped paying staff and freelancers for their work, the National Pulse reported. Owners Mark Geragos and Ben Meiselas bought the failing publication in 2022 for $6 million but have been unable...

India Slashes Import Tax on Gold and Silver

(Mike Maharrey, Money Metals News Service) Today, India slashed its import tax on gold and silver, a move that could further boost demand for both precious metals in the world’s second-biggest gold market and support higher prices globally.  The move will cut taxes on gold and silver imports by more...

Gen Z and Millennial Investors Want Gold!

(Mike Maharrey, Money Metals News Service) You might think of gold as old-fashioned - an investment that mostly appeals to Boomers. But in the real world, it's Millennials and Gen-Zers who are clamoring for gold. According to a recent study by Bank of America Private Bank, 45 percent of wealthy...

MURDOCK: Trump’s Grand Old Party in Milwaukee Was Anything but Conventional

(Deroy Murdock, Headline USA) MILWAUKEE—Within a veritable armed camp—surrounded by steel fences, concrete barriers, and severely well-armed law-enforcement officers—Republicans are having a Grand Old Party on the shores of Lake Michigan. Milwaukee’s denizens have been cheerful hosts, eager for their political and journalistic guests to savor their excellent beer, barbecue,...

Political and Economic Turmoil Suddenly Surging

(Mike Gleason, Money Metals News Service) As Republicans gathered to nominate Donald Trump for President of the United States, they witnessed another historic event. Gold hit a new all-time high above $2,500 an ounce. The monetary metal made gains following the attempted assassination of the former President and his continued...

Money Metals Podcast: Ed Steer on Gold, Silver and Market Dynamics

(Money Metals News Service) In a recent episode of the Money Metals podcast, host Mike Maharrey interviewed Ed Steer, a seasoned analyst with nearly 30 years of experience in the gold and silver markets. Steer, the publisher of the Gold and Silver Digest and a member of the Gold Antitrust...

Gold Reaches New Heights as Powell Hints at Rate Cuts

In the latest episode of the Money Metals Midweek Memo, host Mike Maharrey delves into the recent surge in gold and silver prices, driven by Federal Reserve Chairman Jerome Powell's comments and geopolitical events. Maharrey provides an in-depth analysis of the economic landscape, highlighting key factors that have influenced...

Biden Hints at Possible Face-Saving Exit Strategy: Could He Upstage Trump?

(Ben Sellers, Headline USA) Continuing to fend off criticism of his mental and physical decline---as well as his toxic politics in the wake of an assassination attempt on his top political rival, Republican presidential nominee Donald Trump---President Joe Biden hinted for the first time about conditions under which he...

Indian Gold Demand Expected to Support Extended Gold Rally

(Mike Maharrey, Money Metals News Service) According to a recent note by ANZ Bank, Indian gold demand could help extend the current gold rally and push the price of gold to $2,500 and beyond. India ranks as the world’s number-two gold market behind China. Gold prices have surged to record highs...

Biden Rejects Trump ‘Assassination’ Label after ‘Bullseye’ Threat

(Luis Cornelio, Headline USA) President Joe Biden left many Americans baffled after he refused to label the near-fatal shooting of former President Donald Trump as an "assassination attempt," despite growing evidence suggesting otherwise.  During a Saturday press conference, Biden cited ignorance about the assassination attempt.  “I have an opinion, but I...
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