(Mike Maharrey, Money Metals News Service) The presidential election brought us the "Trump shock" and a healthy correction in the gold market. We saw this reflected in gold flows out of ETFs globally for the first time since April.
While gold continued to flow into North American-based funds, all of the other...
(Mike Maharrey, Money Metals News Service) Do you like to do things the easy way or the hard way? If you want gold, you can do it the easy way. Just buy some at MoneyMetals.com.
Or you could do it the hard way. Grab your pick and shovel and head out...
(Maire Clayton, Headline USA) Some illegal immigrants said they were considering returning back to their country before President-elect Donald Trump reenters the White House, according to Reuters.
The outlet interviewed a dozen illegals in Mexico who stated they would rather return home than stay in Mexico due to the violent...
(Headline USA) Amazon founder and billionaire Jeff Bezos told big-wig investors this week that he is “optimistic” about President-elect Donald Trump’s agenda, specifically Trump’s plan to cut regulations throughout the federal government.
"I’m very hopeful—he seems to have a lot of energy around reducing regulation," Bezos said during the New York...
(Headline USA) Bitcoin topped $100,000 for the first time as a massive rally in the world's most popular cryptocurrency, largely accelerated by the election of Donald Trump, rolls on.
The cryptocurrency officially to rose six figures Wednesday night, just hours after the president-elect said he intends to nominate cryptocurrency advocate...
(Shirleen Guerra, The Center Square) Consumers could soon pay more for a burrito at a popular U.S. chain as the company passes on higher food costs due to inflation.
Chipotle Mexican Grill said it would implement a 2% increase at 20% of Chipotle locations to offset inflation.
"For the first time...
(Jan Nieuwenhuijs, Money Metals News Service) The share of global official gold reserves not stored at the Federal Reserve Bank in New York (FRBNY) and Bank of England (BOE) in London has reached 78% in 2024, from 51% in 1972.
The shift in this ratio appears to be accelerating and can be...
(Mike Maharrey, Money Metals News Service) During a recent interview, Federal Reserve Chairman Jerome Powell said Bitcoin is “just like” gold and is not competing with the U.S. dollar.
Not long after his comments, Bitcoin surged to over $100,000.
During the New York Times DealBook Summit on Wednesday (Dec. 5), an...
(Mike Maharrey, Money Metals News Service) After rebounding in September, central bank gold buying surged in October, doubling the 12-month average.
Central banks added a net 60 tonnes of gold to reserves in October, the highest monthly total year-to-date, according to data collected by the World Gold Council. That pushed...
(Money Metals News Service) The latest episode of the Money Metals Midweek Memo, hosted by Mike Maharrey, dug deep into critical topics including the Federal Reserve’s precarious financial situation, ongoing inflationary pressures, and the role of precious metals in safeguarding wealth.
Here’s a comprehensive breakdown of the episode.
The Federal Reserve: Bleeding...
(Ken Silva, Headline USA) A federal judge in Texas has put a preliminary injunction against the U.S. government enforcing of the Corporate Transparency Act, which would require the country’s estimated 32.6 million active companies to submit their private ownership information to a central database ran by the Treasury Department.
The...
(Headline USA) An investigation is underway after a Secret Service agent working on protective assignment outside Treasury Secretary Janet Yellen’s house fired a weapon following a confrontation between the agent and occupants of a sedan, early Tuesday.
At roughly 1:30 a.m. Tuesday, the agent assigned to Yellen’s protective detail outside of...