President Donald Trump on Thursday pardoned Binance founder Changpeng Zhao, who created the world’s largest cryptocurrency exchange and pled guilty in 2023 to enabling money laundering…
(Jesse Colombo, Money Metals News Service) Despite their well-earned reputations as stable assets and safe havens, gold and silver have become highly volatile in recent weeks, with sharp moves in both directions.
This marks a significant change in behavior and has sparked widespread discussion across the financial world, particularly after last...
(Mike Maharrey, Money Metals News Service) You might imagine that a museum would be a pretty safe place to keep stuff like gold, silver, and jewels.
Not in France.
Just hours after the theft of French crown jewels from the Louvre, workers discovered that a different band of thieves had made...
(Mike Maharrey, Money Metals News Service) Well, that was quick. Seventy-one days to be exact.
That’s how long it took for the federal government to add another trillion dollars to the national debt.
In August, the debt eclipsed $37 trillion for the first time. On Oct. 21, it blew passed $38...
Russian President Vladimir Putin on Thursday brushed off the new sanctions imposed by the US targeting two Russian oil companies and issued a new warning against the potential US supply of Tomahawk missiles to Ukraine…
(Mike Maharrey, Money Metals News Service) A former Federal Reserve advisor said the recent selloff in gold and silver wasn’t just nervous investors booking profits on oversold assets. She thinks it signals deeper structural rot in the financial system.
After peaking near $4,400 an ounce, gold was hammered lower, falling...
(Mike Maharrey, Money Metals News Service) After the big selloff in gold and silver, a Saxo Bank analyst says the metals are no longer overbought, but they are still under-owned.
After peaking near $4,400 an ounce, gold got hammered lower on Tuesday and Wednesday, falling to close to $4,000 before...
(Stefan Gleason, Money Metals News Service) With gold and silver pulling back from their all-time highs over the last few days, the naysayers on Wall Street – who totally missed the huge rally in both metals since Labor Day – have boldly declared the top is in.
They further claim the dollar...
(Money Metals News Service) In this Money Metals Midweek Memo, host Mike Maharrey cautions listeners against confusing market symptoms with the underlying illness. He opens with a reminder to focus on what drives prices, not just the prices themselves.
That point lands as gold slips below $4,100 per ounce after a single-day...