(Mike Maharrey, Money Metals News Service) As gold prices skyrocket, the Reserve Bank of Zimbabwe (RBZ) has resumed issuing gold coins.
The central bank introduced the coins in June 2022. The program was touted as a way for investors to store value in the face of rampant inflation. At the...
(Jan Nieuwenhuijs, Money Metals News Service) As we are in the final stages of a debt cycle that is causing gold to skyrocket, the question arises: how high can gold go?
Comparing the current bull run to the previous two points to a gold run as high as $16,000 per...
(Clint Siegner, Money Metals News Service) There are plenty of frustrated silver bugs. Gold is outperforming once again, and they wonder when silver will finally catch up.
History suggests silver will outshine gold in a bull market for metals. So far, that has not been the case for much of...
(Mike Maharrey, Money Metals News Service) You often hear gold referred to as an “inflation hedge.” Jim Rickards argues that we should really consider gold the “everything hedge.”
Rickards is an investment banker and a well-known commentator and market analyst.
Gold has been on a tear for well over a year....
Amazon’s first batch of internet satellites rocketed into orbit Monday, the latest entry in the mega constellation market currently dominated by SpaceX's thousands of Starlinks.
The United Launch Alliance's Atlas V rocket carried up 27 of Amazon's Project Kuiper satellites, named after the frigid fringes of our solar system beyond Neptune. Once released in orbit, the...
(Mike Maharrey, Money Metals News Service) The Central Bank of Kenya (CBK) is considering adding gold to its reserves to “diversify away from other currencies.”
Given that the Kenyan central bank holds most of its foreign reserves in dollars, this appears to be yet another step toward global de-dollarization.
During an interview...
(Jesse Colombo, Money Metals News Service) Inflation is caused by the growth of the money supply, and gold is a strong hedge because it rises alongside it.
Whenever gold rises and I get excited as a gold investor, I’m often met with the familiar refrain: "Gold isn’t really going up—the dollar...
(Headline USA) Bob Filner, a 10-term U.S. congressman whose long political career ended abruptly after he was elected mayor of San Diego and driven from office amid sexual misconduct allegations, has died. He was 82.
Filner passed away April 20 with his children by his side, according to an obituary published...
(Headline USA) The Supreme Court seemed inclined to a narrow ruling on Tuesday in a law-enforcement accountability case over an FBI raid that targeted the wrong house.
While some justices appeared open to the argument that the family should be able to sue over the mistake that left them traumatized,...
(Mike Maharrey, Money Metals News Service) Here's a way to avoid 90 percent of scams.
Don't answer the phone, and don't click links in emails.
It's pretty simple, really. If you don't interact with scammers, they can't scam you. It's highly unlikely that a crook will show up at your door...
(Mike Maharrey, Money Metals News Service) While most market watchers have focused on the wildly yo-yoing stock market over the last few weeks, the Treasury bond market has been flashing warnings.
Higher yields and relatively weak Treasury auctions this week, with a notable drop in foreign buyers, indicate sagging demand...
(Dave DeCamp, Antiwar.com) On Monday, Russian President Vladimir Putin announced a three-day ceasefire in Ukraine that would begin May 8 at midnight Moscow time to coincide with the 80th anniversary of the Soviet Union’s victory against Nazi Germany in World War II.
“By order of Supreme Commander-in-Chief of the Armed Forces...