(Mike Maharrey, Money Metals News Service) There has been quite a bit of pushback against governments and central banks around the world as they seek to introduce central bank digital currencies. But in the scramble to block CBDCs, some people seem to have forgotten that there is a more...
(Brien Lundin, Money Metals News Service) Gold has set another record high as Jerome Powell confirmed the Fed pivot.
While gold has been driven to these heights by Eastern buying, we're now seeing Western investors flocking to the metal as the shift to easier monetary policies begins.
And gold stocks are...
(Mike Maharrey, Money Metals News Service) The National Bank of Poland was the biggest central bank gold buyer in the second quarter. A Euronews report speculated that the country is "preparing for the worst."
The Polish central bank added 19 tons of gold to its reserves in Q2. According to...
(Headline USA) The Biden administration imposed sweeping sanctions Friday on hundreds of firms in Russia and across Europe, Asia and the Middle East, accusing them of providing products and services that enable Russia’s war effort and aiding its ability to evade sanctions.
Among those sanctioned by the Treasury Department were 60...
(Kevin Bessler, The Center Square) – It is Illinois Gov. J.B. Pritzker’s lofty goal to have one million electric vehicles on Illinois roads in less than six years, and now a public service campaign is critical of his political party’s EV agenda.
The American Fuel & Petrochemical Manufacturers (AFPM) has...
(Headline USA) The Justice Department filed an antitrust lawsuit Friday against real estate software company RealPage Inc., accusing it of an illegal scheme that allows landlords to coordinate to hike rental prices.
The lawsuit, filed alongside attorneys general in states including North Carolina and California, alleges the company is violating...
(Luis Cornelio, Headline USA) Remember when the government colluded with Big Tech to censor news detrimental to Democrats ahead of the 2020 election? Well, they’re at it again, this time openly bragging about their latest collusion.
California has announced the first-ever “partnership” with Google and Meta (Facebook’s parent company) to fund...
(Headline USA) Former President Donald Trump said this week he would consider appointing billionaire Elon Musk to a Cabinet role or prominent advisory position if elected in November.
Musk---the owner of Twitter, Tesla, Spacex and other cutting-edge companies---endorsed Trump following the July 13 assassination attempt and has pledged millions of dollars...
(Luis Cornelio, Headline USA) PBS anchor Judy Woodruff issued a mea culpa on Wednesday for falsely accusing former President Donald Trump of persuading Israeli Prime Minister Benjamin Netanyahu to block a ceasefire deal with Hamas.
During a segment at the Democratic National Convention on Monday, Woodruff claimed that Trump had urged...
(Money Metals News Service) In the latest episode of the Money Metals Midweek Memo podcast, host Mike Maharrey dove into the ongoing impacts of inflation, Federal Reserve policies, and the latest developments in the gold and silver markets.
Maharrey opened the discussion with an analogy comparing the Federal Reserve’s denial of responsibility...
(Money Metals News Service) Significantly higher purchases from the official sector at times provided essential support to gold prices over 2022-23 when aggressive interest rate hikes undermined professional investor interest in gold.
After hitting an all-time high of 1,082t in 2022, net purchases by the official sector remained exceptionally strong...
(Ken Silva, Headline USA) Saudi Arabia is reportedly refusing to pay the U.S. at least $15 million for refueling its warplanes, but the Biden regime is sending the country more armaments regardless of the unpaid debt.
The Intercept first revealed the Saudi’s delinquency last week, reporting that the country owes...