(Mike Maharrey, Money Metals News Service) Why should you have gold in your portfolio The World Gold Council puts it this way in its recent report Gold as a Strategic Asset.
"Gold has a key role as a strategic long-term investment and as a mainstay allocation in a well-diversified portfolio....
(Peter St. Onge, Money Metals News Service) In case you thought anybody in Washington was driving this thing, they are not.
It’s official: the Department of Treasury is now issuing debt at pandemic levels. It’s worth noting the pandemic record was double the previous record, which had stood for 231...
(Mike Maharrey, Money Metals News Service) Holding fiat currency is risky business and that’s not going to change any time soon. Currency risk is one of the factors driving the recent rally in gold and silver. It’s no coincidence that the recent gold and silver rally started as the...
(Money Metals News Service) In this episode of Money Metals' Midweek Memo, host Mike Maharrey discusses the perceived ineffectiveness of the prevailing political strategy in the United States, which revolves around the notion of "voting the bums out" to solve issues.
Maharrey argues that this approach doesn't lead to significant...
(Headline USA) The Federal Trade Commission is investigating TikTok over its data and security practices, a probe that could lead to a settlement or a lawsuit against the company, according to a person familiar with the matter.
The investigation is the latest battle in Washington for the social-media company, which...
(Headline USA) Allies of Gov. Ron DeSantis and Disney reached a settlement agreement Wednesday in a state court fight over how Walt Disney World is developed in the future following the takeover of the theme park resort's government by the Florida governor.
In a meeting, the DeSantis-appointed members of the...
(Jacob Bruns, Headline USA) The brother of Democratic Maine Gov. Janet Mills helped Chinese nationals execute the sale of an illicit marijuana farm in the state, the Maine Wire reported.
Xiling Ou, 44, was the original owner of the old house and its 9-acre parcel of land in Corinna, Maine.
But...
(Ken Silva, Headline USA) Weeks after Federal Reserve Chairman Jerome Powell evaded a sitting congressman's questions about the central bank’s foreign gold holdings, the Fed has also declined to comply with a Freedom of Information Act request for records about such holdings.
The Federal Reserve’s lack of transparency comes amidst...
(Headline USA) New York City Mayor Eric Adams defended the city’s new policy of giving pre-paid credit cards to illegal immigrants, claiming it would be fraud resistant.
The pilot program, which started this week, will provide 10 families with debit cards that they can use for food, groceries and baby supplies....
(Jp Cortez, Sound Money Defense League) Today, states across the country are beginning to actively embrace pro-sound money legislation, inviting a critical examination of how America abandoned the gold standard of money and racked up $34.5 trillion in debt. To understand how we got here, it’s important to understand the...
(Headline USA) The horrifying collapse of a bridge on a major interstate artery in Baltimore, which sent at least 10 cars plunging into the frigid water in the wee morning hours, will have serious ripple effects on both travel and supply chains, even as a busy travel weekend approaches for...
(Headline USA) Egg prices are at near-historic highs in many parts of the world as the spring holidays approach, reflecting the ongoing scourge of President Joe Biden's profligate spending, paired with a variety of other factors including a market scrambled by disease, high demand and growing costs for farmers.
It’s the second year...