(Headline USA) America’s employers added just 12,000 jobs in October, a total that fell well short of the projected 110,000 and resulted in a net deficit for the first time since the height of the COVID-19 pandemic, with nearly four times as many job losses in the manufacturing sector.
https://twitter.com/CollinRugg/status/1852335309486530595
The...
(Ken Silva, Headline USA) In what’s been criticized as a last-ditch attempt at an “October surprise,” disgraced author Michael Wolff released on Thursday purported audio of a conversation he had with deceased pedophile Jeffrey Epstein in 2019 about Donald Trump.
According to Wolff, he has some 100 hours of audio...
(Headline USA) Los Angeles County is taking on Pepsi and Coke for their role in plastic pollution.
In a lawsuit filed Wednesday, the county alleged PepsiCo and Coca-Cola companies have misled the public about the recyclability of their plastic bottles and downplayed the negative environmental and health impacts of plastic...
(Jesse Colombo, Money Metals News Service) Just days before the high-stakes U.S. presidential election, asset prices—from stocks to commodities—dipped amid heightened market volatility.
In any strong bull market, like the one we’re seeing in gold and silver, regular pullbacks are to be expected—some even sharp, intended to shake out “weak...
(Mike Maharrey, Money Metals News Service) Central bank gold buying slowed modestly in the third quarter but remained strong.
According to the latest data compiled by the World Gold Council, central banks globally increased gold reserves by a net 186 tons in Q3. This was down by about 8 percent...
(Mike Maharrey, Money Metals News Service) A complex picture. That’s how Metals Focus described the silver market.
This complexity is obvious simply by analyzing recent silver price movements.
Objectively, silver has had a fantastic year. The price has surged by over 30 percent. Most investors would kill for a 30 percent return.
But while...
(Ken Silva, Headline USA) After arresting several lower-level players over the last year in organizations that scam U.S. senior citizens out of their gold, federal law enforcement nabbed bigger fish last month—charging two alleged mid-level “handlers” who worked in an organization responsible for stealing at least $8 million in...
(Julianna Frieman, Headline USA) Republican women pushed back at Shark Tank investor Mark Cuban, a top surrogate for the Harris campaign, after he targeted female Trump supporters with a scathing insult.
Days after President Joe Biden called all Trump voters “garbage,” Cuban took to The View on Thursday and suggested that...
(Money Metals News Service) In a recent interview, Dr. Ron Paul and Jp Cortez, executive director of the Sound Money Defense League explored the historical context of the U.S. dollar, particularly the tragic shift away from the gold standard during former President Richard Nixon's administration, and the resulting inflationary...
(Mike Maharrey, Money Metals News Service) Silver used in the industrial and technology sectors accounts for more than half of the demand, and the uses for silver continue to expand.
Some of these innovations sound like they come straight out of a science fiction movie.
According to the Silver Institute, industrial demand...
(Mike Maharrey, Money Metals News Service) Gold demand set a third-quarter record, driving the price to a series of record highs.
Including over-the-counter (OTC) sales, gold demand came in at 1,313 tons in Q3, a 5 percent year-on-year increase.
The gold price averaged a record $2,474 an ounce in the third quarter....
(Money Metals News Service)
In the latest Money Metals Midweek Memo podcast, host Mike Maharrey analyzed recent developments in global currency and trade dynamics, particularly as they relate to BRICS countries’ increasing moves toward de-dollarization.
From symbolic events to hard-hitting economic discussions, Maharrey covered the potential implications for the U.S. dollar as the...