(Headline USA) Historical document appraiser and collector Seth Kaller spreads a broad sheet of paper across a desk.
It's in good enough condition that he can handle it, carefully, with clean, bare hands. There are just a few creases and tiny discolorations, even though it's just a few weeks shy...
(Headline USA) A federal judge on Friday gave the U.S. Justice Department until the end of the year to outline how Google should be punished for illegally monopolizing the internet search market and then prepare to present its case for imposing the penalties next spring.
The loose-ended timeline sketched out...
(Headline USA) President Joe Biden admitted this week that his signature legislation, the misnamed Inflation Reduction Act, was not about inflation at all, but about climate change.
Few were fooled by the name. It drew criticism as yet another Orwellian tactic deployed by the dystopian regime alongside controversial policies like...
(Mike Maharrey, Money Metals News Service) Gold has been on quite a bull run this year, but silver has lagged.
The wide gold-silver ratio tells us that silver is historically underpriced compared to gold, and it’s clear that the white metal isn’t priced for the supply and demand dynamics.
What gives?
In...
(Mike Maharrey, Money Metals News Service) For the fourth straight month, gold-backed ETFs increased their net gold holdings. Funds in every region reported net inflows of gold with Western funds leading the way.
Globally, gold-backed ETFs added 28.5 tons of gold to their holdings in August.
Due to a combination of...
(Headline USA) Former President Donald Trump endorsed Elon Musk’s idea for a government efficiency commission, vowing to create one and tap Musk to lead it if he wins in November.
https://twitter.com/elonmusk/status/1831778370180329962
“I will create a government efficiency commission tasked with conducting a complete financial and performance audit of the entire federal government...
(Mike Maharrey, Money Metals News Service) Is gold in the midst of a supercycle? A Wells Fargo analyst thinks so. Gold has had quite a bull run in 2024. The yellow metal is up over 21.6 percent this year, ranking among the best-performing assets. Along the way, it has...
(Headline USA) Two days after the federal holiday celebrating the American worker, the Biden--Harris Labor Department sheepishly acknowledged that there were about 200,000 fewer of them than at the start of the summer.
The Labor Department reported Wednesday that there were 7.7 million open jobs in July, down from 7.9...
(Headline USA) Attorney General Merrick Garland's dubious declaration that the Justice Department was launching yet another Russia, Russia, Russia election-interference probe undoubtedly left conservatives suspecting more partisan shenanigans after the endless stream of lawfare attacks on GOP presidential nominee Donald Trump and his allies.
However, the DOJ also seemed hell-bent...
(Headline USA) Newly listed for sale in Southern California's notoriously pricey realty market: half a house for half a million dollars.
The one-bedroom, one-bathroom bungalow in suburban Monrovia, northeast of Los Angeles, was crushed by a tree in May with two renters and two dogs inside. There were no injuries,...
(Money Metals News Service) In the latest episode of Money Metals’ Midweek Memo, host Mike Maharrey explored two key financial topics: the surge in central bank gold purchases and the historical perspective of the Federal Reserve's balance sheet activities, with a focus on inflation.
Central Bank Gold Purchases Surge
Maharrey discussed the...
(Mike Maharrey, Money Metals News Service) Gold demand in China has been strong this year, reflecting a broader movement of the yellow metal from the West to the East. But the Chinese aren’t just accumulating gold. They have also been hoarding silver in recent months.
The Shanghai Metals Exchange has...