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Dollar Reserves Have Dropped By 14 Percent Since 2002

(Mike Maharrey, Money Metals News Service) Dollar dominance is slowly ebbing as the world looks to diversify away from the greenback. The share of dollars making up global reserves has dropped by 14 percent since the turn of the century, according to data compiled by the Atlantic Council.  As of 2002,...

Did Mark Twain Anticipate the Trillion Dollar Coin?

(Chris Powell, Money Metals News Service) Responding to the recent commentary about the idea to spectacularly increase the U.S. money supply via the minting and depositing at the Federal Reserve of one or two platinum coins of trillion-dollar denominations, a friend asks: What would a trillion-dollar platinum coin do to...

Market Dynamics, Gold, and Bitcoin: Insights from Frank Holmes

(Money Metals News Service) In a recent Money Metals podcast, host Mike Maharrey interviewed Frank Holmes, the CEO and Chief Investment Officer of U.S. Global Investors, and Executive Chairman of HIVE Blockchain Technologies. Holmes shared his extensive knowledge of various financial and market trends, providing insights into the current economic...

Cisco Cuts 1,000s of Jobs, 7% of Workforce, as It Shifts Focus to AI, Cybersecurity

(Headline USA) Cisco Systems is planning to lay off 7% of its employees, its second round of job cuts this year, as the company shifts its focus to more rapidly growing areas in technology, such as artificial intelligence and cybersecurity. The company based in San Jose, California, did not specify...

Meta Roils Leftists by Eliminating Longtime Censorship Tool CrowdTangle Ahead of Election

(Headline USA) Facebook and Instagram parent Meta Platforms has shut down CrowdTangle, a tool widely used by leftists to monitor social media posts and promote censorship on the company's social-media sites. Wednesday's shutdown, which Meta announced earlier this year, has been protested by several activist organizations hoping the Mark Zuckerberg-run...

MAHARREY: What’s So Great About 2% Inflation?

(Mike Maharrey, Money Metals News Service) Don’t be fooled when you hear “inflation is coming down.” That's not the plan and it never was. The fact is price inflation was up in July. And it will be up in August. And it will be up in September. That’s because rising price inflation is...

Delta DEI Chief Cancels Non-Inclusive ‘Ladies and Gentlemen’

(Molly Bruns, Headline USA) Kyra Lynn Johnson, Delta Air Lines's chief officer for Diversity, Equity, Inclusion, & Social Impact, announced that the company was abandoning its use of the phrase "ladies and gentlemen" in gate announcements, according to Fox News Digital. Johnson first pitched the gate announcement change during a February...

Many Countries Turning to Gold as a ‘Stateless Currency’

(Mike Maharrey, Money Metals News Service) Many central banks are opting for a “stateless currency” – gold. That’s how a recent article published by Nikkei Asia put it, noting that “central banks are diversifying away from the dollar and yuan.” The article notes that the proportion of greenbacks in foreign...

Another Month, Another Massive Biden Budget Deficit

(Mike Maharrey, Money Metals News Service) A couple of weeks ago, the national debt blew past $35 trillion. There were a few articles bemoaning the ballooning debt, but no substantive calls to rein it in. Meanwhile, the Biden administration continues to spend America into oblivion. The July deficit came in...

Gold Revaluation Is Far More Democratic Money Creation than Platinum Coins

(Chris Powell, Money Metals News Service) This week, the brilliant journalist and financial analyst Mike Maharrey of Money Metals revisited the recent dream of inflationists... ...to increase the U.S. money supply by means of the U.S. government's creation of one or two platinum coins with trillion-dollar denominations. The idea would have...

Surging Silver Demand Could Deplete Global Inventories as Early as Next Year

(Mike Maharrey, Money Metals News Service) Rapidly increasing industrial and military demand for silver could deplete global inventories by as early as next year.   Silver demand has outstripped supply for three straight years and the Silver Institute projects another market deficit this year. In 2023, the silver market charted a structural...

Kamala Plagiarizes Trump’s ‘No Tax on Tips,’ Reversing Her Own Policy

(Elias Irizarry, Headline USA) Vice President Kamala Harris and Minnesota Governor Tim Walz held a rally in Las Vegas on Saturday marking their first appearance in the state of Nevada, additionally announcing their first policy initiative. Harris declared that, if elected, she would "eliminate taxes on tips for service and...
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