(Clint Siegner, Money Metals News Service) TD Bank just made headlines for pleading guilty to the crime of money laundering and a variety of other charges. Bankers there provided services to despicable people who needed a way to recycle the cash proceeds acquired by selling everything from drugs to...
(Mike Maharrey, Money Metals News Service) In one of the biggest economic stories of the year that nobody seems to care about, the Biden administration ran the third-largest budget deficit in history in fiscal 2024 and paid over $1 trillion just on interest payments on the debt.
This is the...
(Money Metals News Service) In a recent Money Metals podcast, host Mike Maharrey sat down with Jan Nieuwenhuijs, a recognized expert in global gold markets, to discuss his journey into the field and the dynamics of international gold trends, particularly in China.
Here’s a summary of their conversation, which covers...
(Jesse Colombo, Money Metals News Service) For the past several weeks, I've been writing about an imminent silver breakout that could quickly push prices to $50. During this time, I've observed significant investor cynicism, as many grew frustrated with silver's sideways movement over the last five months.
I encouraged investors...
(Mike Maharrey, Money Metals Exchange) Gold’s long-term return is greater than conventional wisdom might lead you to believe.
Traditional analysis of gold's returns leaves out important factors. Models considering these elements reveal much better returns over time that far outpace the inflation rate.
Gold is typically viewed as a store of...
(Bethany Blankley, The Center Square) Republican members of the U.S. House Committee on Homeland Security have launched an investigation into the alleged misuse of Federal Emergency Management Agency funds by Department of Homeland Security Secretary Alejandro Mayorkas.
DHS, which has oversight of FEMA, has directed that billions of dollars of...
(Brett Rowland, The Center Square) The federal government spent $1.8 trillion more than it collected in tax revenue in fiscal year 2024, according to figures released Friday by U.S. Treasury Department.
Congress has run a deficit every year since 2001. In the past 50 years, the federal government has ended...
(Mike Maharrey, Money Metals News Service) What’s wrong with silver? I hear this question a lot. After all, while gold continues to hit new record highs, seemingly on a weekly basis, silver is still well below its all-time high. Meanwhile, the gold-silver ratio remains mired above 80-1, signaling that silver is historically...
(Mike Maharrey, Money Metals News Service) Ghana has introduced a gold coin in an effort to boost savings and manage money-market liquidity.
According to Bank of Ghana Governor Ernest Addison, the coin will be refined to 99.99 percent purity and will come in 1-ounce, half-ounce, and quarter-ounce sizes.
"This initiative is...
(Mike Maharrey, Money Metals Exchange) U.S. dollar – we’re coming for you! That’s the message ahead of the upcoming BRICS summit set to kick off in Kazan, Russia, next week.
The Russian finance ministry and the Central Bank of Russia distributed a document to the media ahead of the meeting...
(Mike Maharrey, Money Metals News Service) While central banks around the world have been aggressively adding gold to their reserves, central bankers don’t tend to talk much about the yellow metal.
Three central bank officials went off script at the London Bullion Market Association conference in Miami.
Reserve managers from the central banks...
(Money Metals News Service) In the latest episode of Money Metals' Midweek Memo, host Mike Maharrey uses an upcoming hurricane, Milton, as a backdrop to discuss flawed economic policies, particularly price gouging laws, and economic fallacies stemming from Keynesian thought.
As he prepares for the storm in Florida, Maharrey takes...