(Jesse Colombo, Money Metals News Service) The U.S. Dollar Index is testing a key technical level that has triggered major rebounds in the past—making this an important setup for commodities and precious metals investors to watch closely.
The U.S. dollar has fallen sharply since the start of the year, which...
(Mike Maharrey, Money Metals News Service) Demand for gold is so strong in China that the government has allocated additional gold import quotas for commercial banks.
According to a Bloomberg article, strong haven demand from institutional and retail investors led to the move.
China ranks as the world’s largest gold market.
The government uses import quotas to...
(Mike Maharrey, Money Metals News Service) The American economy is a bubble. The thing about bubbles is that they eventually pop.
All they need is a pin.
Tariff policy might be the pin that pops this bubble, but even if it isn’t, there is a pin out there with this bubble's...
(Brien Lundin, Money Metals News Service) The world is worried. And typically in such an environment, investors across the globe rush to three safe havens: the U.S. dollar, U.S. Treasuries, and gold.
This time is different — because they’re dumping the greenback and Treasuries... and buying gold hand over fist.
This dynamic...
(Jesse Colombo, Money Metals News Service) My expectations are being fully confirmed as Chinese gold trading activity and prices both surge—and now even Bloomberg has taken notice with a fascinating article on what’s unfolding.
Since last fall, I’ve been advancing a theory that China’s aggressive futures traders—who were behind gold’s initial...
(Casey Harper, The Center Square) As Americans file their taxes at the last minute this April 15, the federal debt – and Americans’ federal debt burden – continues to grow.
While the federal government reports a national debt nearing $37 trillion, one budget watchdog says the figure is actually much...
(José Niño, Headline USA) Sen. John Fetterman, D-PA, is facing backlash from progressive and small-dollar donors over his increasingly pro-Israel and right-leaning positions since the Oct. 7, 2023, Hamas attack
According to a report by The Intercept, Darwin Leuba, who serves as vice-chair of the O’Hara Township Democratic Committee and...
(Headline USA) Rick Woldenberg thought he had come up with a sure-fire plan to protect his Chicago-area educational toy company from President Donald Trump’s massive new taxes on Chinese imports.
"When he announced a 20% tariff, I made a plan to survive 40%, and I thought I was being very...
(Mike Maharrey, Money Metals News Service) Last week was a wild one for investors, with stocks whipsawing in a storm of volatility and uncertainty. When the dust settled, gold was the last safe haven standing.
Spot gold opened the week just below $3,040 an ounce. During Monday’s stock rout, the...
(Headline USA) Democrats are quick to say that President Donald Trump’s tariffs are horrible, awful, terrible. But Democrats are also stressing that they are not inherently anti-tariff.
What Trump's political opponents say they really dislike is the “chaos” he has unleashed.
“Tariffs are an important tool in our economic toolbox,” said Sen. Elizabeth Warren,...
(Mike Maharrey, Money Metals News Service) The U.S. government ran the second-largest 6-month budget deficit in history through the first half of fiscal 2025.
The March budget shortfall of $160.53 billion pushed the total deficit through the first half of the fiscal year to $1.31 trillion, according to the latest Treasury...
(Luis Cornelio, Headline USA) Jeffrey Epstein's lawyer, Alan Dershowitz, issued a dire warning to the so-called Central Park Five after they filed a long-shot defamation lawsuit against President Donald Trump.
Dershowitz contends that the lawsuit, which he described as flawed, will backfire on the five men by potentially exposing their actions...