(Mike Maharrey, Money Metals News Service) I ran across a story the other day that can serve as a cautionary tale. I'll tell you up front that there are a lot of unanswered questions in this story, but with a little speculation, I think I can squeeze out a...
(Mike Maharrey, Money Metals News Service) Policies such as tariffs have consequences – both good and bad. It’s easy to focus on a policy decision's perceived benefits, but it’s crucial to consider potential negative ramifications.
So, how could a prolonged trade war impact the precious metals markets?
The Movement of Gold
We’ve...
(Mike Maharrey, Money Metals News Service) The federal government ran yet another massive budget deficit in February, pushing the total budget shortfall to over $1 trillion just five months into the fiscal year.
The federal government spent $307.01 billion more than it took in last month. That drove the cumulative deficit for...
(Jesse Colombo, Money Metals News Service) The financial markets have been all over the place this week, with stocks swinging back and forth without a clear direction.
The session opened on a positive note after a benign U.S. Consumer Price Index (CPI) report showed core inflation rising just 3.1% in...
(Mike Maharrey, Money Metals News Service) Price inflation moderated in February, setting the stage for more inflation. The CPI data for last month wasn’t bad. It broke a four-month upward trend, and the numbers all came in lower than forecast.
But the CPI data for last month wasn’t great either....
(Money Metals News Service) In this week’s episode of the Money Metals Midweek Memo, host Mike Maharrey went into a deep discussion on the weaponization of the U.S. dollar, the global response to financial sanctions, and the ongoing trend of de-dollarization.
Maharrey revisited a 2019 appearance on RT, where he predicted...
(Headline USA) The Trump administration has launched a review of organizations that provide temporary housing and other aid to migrants, suggesting they may have violated a law prohibiting human trafficking.
The Department of Homeland Security has “significant concerns” that federal grants used to address a surge of migration under former President...
(Maire Clayton, Headline USA) Rep. Alexandria Ocasio-Cortez was slapped with an ethics complaint from a government accountability nonprofit Tuesday.
Americans for Public Trust sent the complaint to the Office of Congressional Ethics and accused her of misusing taxpayer funds on dance "training," according to the New York Post.
Ocasio-Cortez allegedly used...
(José Niño, Headline USA) Former CIA Director and Jeffrey Epstein associate William Burns is still betting big on American companies.
According to a report published by independent journalist Ken Klippenstein, Burns is “firmly invested in America” and has “scant investments (proportionally speaking) in foreign markets.”
Klippenstein obtained a copy of Burns’...
(Headline USA) U.S. inflation slowed last month for the first time since September and a measure of underlying inflation fell to a four-year low.
The consumer price index increased 2.8% in February from a year ago, Wednesday’s report from the Labor Department showed, down from 3% the previous month. Core...
(Maire Clayton, Headline USA) The National Institutes of Health plans to cancel or cut back on dozens of grants that were looking into why people are reluctant to get vaccinated, according to The Washington Post.
The outlet obtained an email Monday that was titled “required terminations — 3/10/25.” The internal email...
(Money Metals News Service) The Dow, S&P 500, and the Nasdaq all sold off viciously yesterday, with the Nasdaq having its worst day since 2022. This brings overall stock market losses to $4 trillion since last month's highs.
Shares of the "Magnificent Seven," the companies largely responsible for the strong...