(Douglas French, Money Metals News Service) You hear about gas prices every day. The President brags that per-gallon prices have dropped to $1.99 in some places.
After paying over $4.00 here in Las Vegas, I wonder where he is talking about. He ran on bringing down prices at the pump,...
(Headline USA) A plan to sell more than 3,200 square miles of federal lands has been ruled out of Republicans’ big tax and spending cut bill after the Senate parliamentarian determined the proposal by Senate Energy Chairman Mike Lee would violate the chamber’s rules.
Lee, a Utah Republican, has proposed selling...
(Mike Maharrey, Money Metals News Service) Should the cost of storing physical gold and silver deter people from considering precious metals as an investment option?
Idaho Governor Brad Little thought so.
Last year, he vetoed a bill that would have given the Gem State an option to invest up to 7.5 percent of...
(Jesse Colombo, Money Metals News Service) While silver has been relatively quiet in recent weeks following its encouraging breakout, this doesn’t signal failure—rather, it looks like a healthy pause typical of low-volume summer trading.
On June 5th, silver finally broke above both the $32–$33 and $34–$35 resistance zones that had capped its...
(Caroline Boda, The Center Square) Several major health insurance companies are vowing to make changes to simplify their prior authorization process and improve Americans’ access to timely health care.
U.S. Health and Human Services Secretary Robert F. Kennedy Jr. and Medicare & Medicaid Administrator Dr. Mehmet Oz announced the changes...
(Brien Lundin, Money Metals News Service) “War, what is it good for? Absolutely nothin’!” — I’ve had the classic Edwin Starr song running in my head ever since news of the U.S. bombing of Iranian nuclear facilities broke Saturday evening.
I was actually alerted to the news by my friend Brent Johnson,...
(Brett Rowland, The Center Square) Federal Reserve Chairman Jerome Powell will appear before Congress on Tuesday as President Donald Trump continues to push the independent central bank to lower interest rates.
Powell will present the Fed's Semiannual Monetary Policy Report to the U.S. House Financial Services Committee at 10 a.m....
(Peter C. Earle, Money Metals News Service) The recent weakness in the US dollar has reignited the debate over the durability of the dollar’s dominance in global finance.
Over the first half of the year, the Bloomberg Dollar Index has fallen nearly 8.5 percent, marking one of the sharpest declines since...
(Clint Siegner, Money Metals News Service) Price discovery for precious metals is complicated. There are several different markets for gold and silver.
These markets include the retail bullion market, the London spot market, and the COMEX futures market.
Another market is called Exchange of Futures for Physical (EFP).
The EFP process was...
(Mike Maharrey, Money Metals News Service) After setting a record just over $3,500 an ounce in April, gold has consolidated and traded sideways since, and there is some bearish sentiment seeping into the market.
Last week, Citigroup lowered its gold forecast, projecting the yellow metal would fall below $3,000 by...
(Luis Cornelio, Headline USA) President Donald Trump may soon throw a lifeline to farmers affected by his aggressive illegal immigration crackdowns.
Speaking to reporters on Friday, Trump said he is open to shielding farmers from ICE raids, as some workers are deported or fail to show up for fear of being...
(Dave DeCamp, Antiwar.com) Iranian media reported on Sunday that Iran’s parliament has voted to close the Strait of Hormuz in response to the US bombing of three Iranian nuclear facilities, a step that could significantly impact the global oil markets and economy.
Esmaeil Kowsari, a senior Iranian lawmaker, said it was...