(Mike Maharrey, Money Metals News Service) The May CPI report is ratcheting up pressure on Jerome Powell and the Federal Reserve to cut interest rates.
In other words, the perception that the inflation problem is solved is raising the specter of more inflation.
In a social media post on Wednesday, Vice...
(José Niño, Headline USA) Federal agencies under the Biden administration monitored foreign visitors to Elon Musk, according to a Wall Street Journal report.
The Journal's Tuesday report specifically revealed that, throughout 2022 and 2023, multiple U.S. government agencies monitored the movements of foreign nationals traveling to visit Musk at his...
(Sound Money Defense League, Money Metals News Service) In a compelling interview with Investing News Network host Charlotte McLeod, Jp Cortez, Executive Director of the Sound Money Defense League, detailed a new legislative push to audit the United States’ gold reserves for the first time in decades.
The initiative, known as...
(Money Metals News Service) In the latest Money Metals Midweek Memo, host Mike Maharrey tackles two central themes roiling markets and politics: silver’s long-awaited breakout and the persistent failure of Congress to rein in spending, despite the so-called “Big Beautiful Bill.”
Maharrey offers listeners both market insight and fiscal reality checks...
(Brett Rowland, The Center Square) President Donald Trump said Wednesday that U.S. talks with China in London resulted in a tentative deal that still needs China's President Xi Jinping's final approval.
The president announced the deal in an all-caps post on Truth Social.
"FULL MAGNETS, AND ANY NECESSARY RARE EARTHS, WILL...
(Jesse Colombo, Money Metals News Service) After fifteen years of stagnation, platinum has woken up in a big way with an impressive 36% surge over the past two months. Even more exciting, this bull market may just be beginning.
Although I typically focus on gold and silver in this newsletter,...
(Luis Cornelio, Headline USA) ABC News has fired one of its star correspondents after he publicly berated President Donald Trump and White House official Stephen Miller in a brazen anti-Trump rant.
The network said Tuesday it would not renew its contract with Terry Moran, a senior national correspondent, after he accused...
(José Niño, Headline USA) The FBI has unmasked Sapphire Egemasi, a 29-year-old tech influencer, as the alleged architect behind a sophisticated international fraud operation that siphoned over $1.3 million from Lexington, Kentucky’s city coffers, according to a report by the Daily Trust.
She was arrested by the FBI in the...
(Morgan Sweeney, The Center Square) President Donald Trump hosted another roundtable Monday promoting his ‘one big, beautiful’ budget bill currently before the Senate.
Speaker of the House of Representatives Mike Johnson, other key members of the House, several people from the administration and a handful of business leaders joined the...
(Brien Lundin, Money Metals News Service) Silver broke out last Thursday, soaring through the seemingly impenetrable resistance at $35.
The bloggersphere and social media were suddenly flooded with alerts and memes headlined “Hi Ho Silver!”
The move in silver has been quite dramatic, and the price has continued to rise since Thursday’s breakout....
(Mike Maharrey, Money Metals News Service) With the U.S. weaponizing the dollar and trade, some people in Germany are calling on the Bundesbank to move at least some of its gold out of New York and bring it home to minimize the risk of U.S. meddling.
Germany owns the second-largest gold reserves...
(Mike Maharrey, Money Metals News Service) While accounting rules are intended to foster transparency and facilitate accurate financial reporting, they can also mask the true financial state of an organization.
Today, a commonly used accounting trick could be obscuring risks in the U.S. banking system by papering over the significant...