(Money Metals News Service) In a recent Money Metals podcast episode, host Mike Maharrey sat down with Stefan Gleason, the CEO of Money Metals Exchange.
The conversation covered a range of topics, including the opening of a new depository, the concept of gold loans, the current state of the retail...
(Mike Gleason, Money Metals News Service) As Democrats prepare to coronate Kamala Harris, investors are growing nervous.
One measure of investor apprehension is the VIX volatility index, also known as the fear index. The VIX spiked on Thursday to its highest level in three months.
That coincided with a selloff on...
(Mike Maharrey, Money Metals News Service) One of the ways the government maintains its fiat money system is by throwing up legal and regulatory roadblocks to those wanting to use real money such as gold and silver. Reviving the use of gold clause contracts removes one of those barriers.
The...
(Headline USA) Meta said Wednesday that it has taken down about 63,000 Instagram accounts in Nigeria running sexual extortion scams and has removed thousands of Facebook groups and pages that were trying to organize, recruit and train new scammers.
Sexual extortion, or sextortion, involves persuading a person to send explicit...
(Mike Maharrey, Money Metals News Service) How will the upcoming presidential election impact the gold market? President Joe Biden has dropped out of the presidential race. It appears Kamala Harris has the inside track to the Democratic Party nomination, but that isn’t a foregone conclusion. Polling currently shows Trump...
(Mike Maharrey, Money Metals News Service) A growing number of African countries are turning to gold to hedge geopolitical risk and protect against currency losses.
Nigeria, Uganda, Zimbabwe, Madagascar, and several other African nations have made moves to increase gold reserves, bring their gold home, and even back their currencies...
(Dmytro “Henry” Aleksandrov, Headline USA) A recent report from Pew Research has revealed a stark reality: the American job market is now a battleground for working—and middle-class Americans, who are competing against a massive influx of over 30 million legal immigrants, visa workers, and illegal aliens.
The latest from the...
(Headline USA) Teachers union boss Randi Weingarten endorsed Vice President Kamala Harris as the Democratic Party’s presidential candidate in an unhinged rant on Monday.
Speaking at the American Federation of Teachers’ annual convention in Texas, Weingarten warned that if Democrats don’t defeat former President Donald Trump, the U.S. could descend into...
(Mike Maharrey, Money Metals News Service) Don’t worry. It's fine. The Federal Reserve has everything under control. This seems to be the prevailing attitude in the marketplace.
Sure, the Fed lost control of price inflation for a while, but that wasn’t really its fault. It was due to supply chain...
(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...
(Headline USA) A prominent donor for President Joe Biden said this week that he will not fundraise for Vice President Kamala Harris, whom Biden endorsed after dropping his own reelection bid on Sunday.
“You have to be enthusiastic or hoping for a political appointment to be asking friends for money. I...
(Mike Maharrey, Money Metals News Service) We’ve been told the economy is strong for more than a year. The strong labor market with millions of new jobs serves as a primary data point to support this claim.
But the headline numbers don’t tell the whole story.
The labor market isn’t telling...