(Mike Maharrey, Money Metals News Service) India has sped up efforts to bring its gold home.
According to a Bloomberg report, the Reserve Bank of India repatriated 64 tonnes of gold through the first six months of its fiscal year, which began in April.
The RBI now holds 65 percent of its gold reserves...
(Mike Maharrey, Money Metals News Service) After charting the highest level of gold inflows on record in September, the flow of gold into ETFs slowed modestly in October but remained comfortably above the year-to-date average.
It was the fifth straight month of net gold inflows into ETFs globally.
In total, 54.9...
(Luis Cornelio, Headline USA) Florida Attorney General James Uthmeier launched a state investigation Monday into JP Morgan after the bank abruptly closed the accounts of President Donald Trump’s media company in 2024.
Uthmeier announced the probe in a video statement on X and in a letter to JP Morgan CEO Jamie...
(Thérèse Boudreaux, The Center Square) After spending nearly seven weeks in a political deadlock, U.S. senators finally passed legislation to end the record-long government shutdown.
Eight senators in the Democratic Caucus provided the filibuster-breaking votes for the legislation–--a Continuing Resolution paired with three full-year funding bills---to pass the chamber.
The package...
(José Niño, Headline USA) In this Headline Geopolitics episode, José Niño interviews Carl Zha, host of the Silk & Steel Podcast and one of the most provocative voices dissecting U.S.–China relations.
Zha breaks down the trade war, America’s pivot to Asia, Western myths about China, and whether the latest...
(Arthur Kane, The Center Square) U.S. Reps Darrell Issa, R-Calif., and David Scott, D-Ga., have each had taxpayers pay as much as $1,000 every month to Lexus financial so they can lease a vehicle for their offices, a review of House Members' Representational Allowance records by The Center Square...
(Headline USA) A federal judge in Texas has agreed to dismiss a criminal conspiracy charge against Boeing in connection with two 737 Max jetliner crashes that killed 346 people.
In a written decision issued Thursday, U.S. District Judge Reed O’Connor approved the federal government’s request to dismiss its case against...
(Headline USA) The grim task of finding and identifying victims from the firestorm that followed a UPS cargo plane crash in Louisville, Kentucky, entered a third day Thursday as investigators gathered information to determine why the aircraft caught fire and lost an engine on takeoff.
The inferno consumed the enormous...
(Mike Maharrey, Money Metals News Service) Buy the dips in gold!
That’s the recommendation of UBS analysts after the recent correction in the gold price.
After peaking near $4,400 an ounce, gold was hammered lower, falling to below $4,000. Since then, the price seems to have consolidated around $4,000, but volatility...
(Money Metals News Service) Mike Maharrey opens the Midweek Memo with a sharp analogy: if the D.A.R.E. officer lectured against drugs and then left heroin and syringes on the desk, that would mirror Jerome Powell’s performance. The chair talked tough, lowered expectations for future easing, and still delivered another hit...
(Headline USA) Starbucks’ union members have voted to strike at the company’s U.S. stores next week unless it finalizes a contract agreement, the union said Wednesday.
The strike would begin on Nov. 13, which is the day Starbucks plans to distribute free, reusable red cups. Red Cup Day, a Starbucks...
(Dave DeCamp, Antiwar.com) Russian President Vladimir Putin has directed his top officials to submit proposals on the possibility of resuming what his defense minister called “full-scale” nuclear weapons tests in response to President Trump’s order for the US military to conduct nuclear tests.
It was unclear from Trump’s initial order,...