(José Niño, Headline USA) Apple has spent years selling itself as the privacy company, but a fresh lawsuit contends that one of its flagship privacy tools was essentially a vault with the door hanging loose. As Reclaim the Net tells it, a customer in California claims Apple went on...
(Mike Maharrey, Money Metals News Service) When the price of gold peaked at $5,500 in January, it was technically overbought. Now the dynamics have flipped, with gold “massively” oversold.
“Oversold” is a technical term meaning that an asset has declined so rapidly or so far that momentum indicators indicate selling...
(Mike Maharrey, Money Metals News Service) You can add Tanzania to the list of countries expanding their gold reserves.
According to a statement by Bank of Tanzania Governor Emmanuel Tutuba, the country has increased its gold holdings by 28 tonnes over the last 18 months. The newly acquired gold is...
(José Niño, Headline USA) MAGA influencer Rogan O'Handley landed at the center of a widening Washington betting scandal this week after a viral Twitter post from Aaron Fritschner, deputy chief of staff to Representative Don Beyer, D-Va., spotlighted fresh reporting from The Wall Street Journal.
Fritschner wrote that "Congresswoman...
(Money Metals News Service) Gold and silver spent another week under pressure, extending the pullback that has frustrated many precious metals investors over the past several weeks.
Gold finished the week just above $4,010 an ounce, while silver fell more sharply to around $56, continuing its recent streak of underperformance.
Even...
(Mike Maharrey, Money Metals News Service) Silver is becoming increasingly discounted relative to gold, as indicated by the widening of the gold-silver ratio.
In other words, silver is on sale once again.
Both silver and gold are down sharply since their record peaks in January. However, silver’s downward trajectory was even...
(Mike Maharrey, Money Metals News Service) There is evidence that underlying bond market dynamics have shifted toward a long-term bearish setup that will mean higher long-term interest rates despite central bank mechanizations. This has ramifications for an economy that is addicted to cheap, easy money and may alter traditional...
(Headline USA) U.S. gas prices jumped to an average of $4 a gallon again Monday as the U.S. and Iran launched more attacks.
According to motor club federation AAA, the national average for a gallon of regular gasoline is now back to $4. The average price a year ago was $3.14...
(José Niño, Headline USA) Congress got its housing overhaul across the line at 12 a.m. Saturday, and the president never touched it. CBS News reported that President Donald Trump kept his signature off the measure as leverage against the Senate, which has refused to move his elections bill, the...
(Money Metals News Service) For decades, investors largely viewed central banks as the primary force determining interest rates. According to Massif Capital founder and managing director Will Thomson, that era is beginning to end.
Joining Mike Maharrey on the Money Metals podcast, Thomson argued that investors are once again pricing bonds...
(José Niño, Headline USA) Rhode Island shoppers should expect longer wait times at the grocery store. Reason reports the state now leads the country in restricting grocery self-checkout, after Gov. Daniel McKee put his name on the Restrictions on Self-Service Checkout Stations Act in late June.
The statute demands one...
(Headline USA) SpaceX’s mega Starship rocket came within a second or so from blasting off on a test flight Thursday, but some of the engines failed to ignite, triggering a launch abort amid billowing clouds of smoke and vapor.
Elon Musk, the company's founder and CEO, said two engines will...