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(Mike Maharrey, Money Metals News Service) As the bond market continues to melt down and faith in the Federal Reserve’s willingness and ability to tackle inflation grows, it appears at least some institutional investors in the West are turning back toward gold. In a recent interview, Fidelity International portfolio manager...

(Headline USA) Elon Musk's space company plans to spend $100 billion to build a massive new spaceport in Louisiana to launch rockets, state officials and the company announced Tuesday. Louisiana Gov. Jeff Landry said the deal was a big win for the state and country, likening the impact of the...

(Mike Maharrey, Money Metals News Service) Billionaire investor Thomas Kaplan has issued an eye-popping gold price forecast of $50,000. In an interview on Kitco News, Kaplan said, "Seeing gold go up another tenfold from here, to me, is not just likely, but inevitable." "I can see gold going to 30, 40, 50,000...

(Mike Maharrey, Money Metals News Service) On Wednesday, Hong Kong Exchanges and Clearing (HKEX) reported record physical gold deliveries linked to its dollar-denominated gold futures contract. This underscores Hong Kong’s push to challenge Western dominance of the gold market. The exchange physically delivered 145kg (319.67 pounds) of gold on Aug....

(Headline USA) Bitcoin and gold shot higher this week, with both getting a boost from some frantic action surrounding the bond market, and the cryptocurrency also benefiting from activity in Washington. Bitcoin had dropped from a January high of around $95,000 to below $60,000 at the end of June. Investors...

(Headline USA) TikTok has reached a $400 million settlement with the U.S. Department of Justice, ending a 2024 lawsuit alleging the company violated federal children's privacy laws. The DOJ said Friday that TikTok will pay $300 million immediately and another $100 million after an order vacates an earlier consent decree against...

(Headline USA) A lip-licking alligator, a smiling moose and a hat-wearing bear are among the many cartoon animals to have found themselves in the crosshairs of Buc-ee’s, the popular Texas convenience store chain that has a penchant for protecting its buck-toothed beaver. But now Buc-ee's has set off a Buckeye...

(Andrew Rice, The Center Square) The vast majority of Americans want hospitals and healthcare providers to publicly disclose prices before patients receive care, according to a new poll. The Center Square Voters Voice Poll, conducted by Noble Predictive Insights, found 88% of American voters said it was at least "somewhat...

(Bethany Blankley, The Center Square) Twenty-five years after the Sept. 11th terrorist attacks, the cost to taxpayers for the U.S. War on Terror is approaching $10 trillion. Initial costs for two conflicts in Iraq and Afghanistan were more than $8 trillion. An additional $2 trillion will be incurred by U.S....

(Money Metals News Service) Gold and silver have pushed decisively higher, but veteran precious metals analyst David Morgan believes the bigger story goes far beyond the latest price move. Speaking with Money Metals podcast host Mike Maharrey, Morgan, publisher of The Morgan Report, argued that investors are witnessing a growing contest between precious...

(Headline USA) The former CEO of Abercrombie & Fitch is mentally competent to stand trial as he faces sex trafficking charges after being hospitalized for months for dementia and Alzheimer’s symptoms, a federal judge ruled. U.S. District Court Judge Nusrat Choudhury, in her Thursday decision, concluded that Michael Jeffries “clearly possesses...

(Mike Maharrey, Money Metals News Service) If you live long enough, you’re going to have some regrets. Woulda, coulda, shoulda, as my dad was fond of saying. The thing about regrets is that they were totally avoidable. That’s why they’re regrets. We made a bad decision, a questionable call, a wrong...