(Headline USA) The Federal Reserve faces a cooling job market as well as persistently high prices, Chair Jerome Powell said in testimony Tuesday to Congress, a shift in emphasis away from the Fed's single-minded fight against inflation of the past two years that suggests it is moving closer to...
(Headline USA) The new Sentinel nuclear weapons program is 81% over budget and is now estimated to cost nearly $141 billion, but the Pentagon is moving forward with the program, saying that given the threats from China and Russia it does not have a choice.
The Northrop Grumman Sentinel program...
(Mike Maharrey, Money Metals News Service) After paying down credit card debt in April, American consumers went back to running up the plastic in May. But borrowing for big-ticket items remained sluggish, indicating consumers are still struggling to make ends meet in this inflationary environment.
Total consumer debt increased by...
(Mike Maharrey, Money Metals News Service) Is now a good time to get bullish on platinum? I’ve written a lot about the fact that silver appears to be underpriced given both technical factors and the supply and demand dynamics.
Platinum may be even more undervalued.
The current platinum price is hovering...
(Money Metals News Service) In a recent Money Metals podcast, host Mike Maharrey sat down with Connor Boyack, the president of the Libertas Institute and the prolific author behind the Tuttle Twins series.
This conversation aired during the Fourth of July weekend (Independence Day, July 4, 2024), a fitting backdrop...
(Mike Maharrey, Money Metals News Service) How do you safely and securely move billions of dollars worth of gold? Very quietly.
De Nederlandsche Bank (the Dutch central bank) did just that, moving over 220 tons of gold coins and bars over 45 miles of public highway.
Officials spent four weeks shuttling...
(Peter St. Onge, Money Metals News Service) Have we already entered a recession? Worse, have we been in a recession for years now?
Recently I joined Jeff Tucker of the Brownstone Institute on an article about the Herculean task of trying to figure out what's actually happening in the economy.
Which is a challenge given every official...
(Clint Siegner, Money Metals News Service) If you ask average investors what the best-performing asset class is year-to-date, the vast majority of them would get it wrong. The correct answer isn’t stocks, but rather precious metals (led by silver).
Most investors would have no idea that silver is up 32%...
(Mike Maharrey, Money Metals News Service) Two months ago, the gold-silver ratio broke an important support level, indicating the white metal could be in the early stages of closing its gap with gold.
The gold-silver ratio indicates how many ounces of silver it takes to buy one ounce of gold...
(Ken Silva, Headline USA) House Oversight Committee Chairman James Comer, R-Ky., wrote a letter to President Joe Biden’s doctor on Sunday, asking him to appear for a transcribed interview about his medical assessments of the president and his private endeavors with the Biden family’s business schemes.
In his letter, Comer...
(Nolan McKendry, The Center Square) As families across America celebrated the 4th of July, they faced stubbornly high prices at the grocery store.
According to a survey from the American Farm Bureau Federation, hosting an Independence Day cookout for 10 guests will cost $71.22 this year.
The grocery bill has spiked...
(Casey Harper, The Center Square) President Joe Biden's White House staff has grown to historic highs, costing taxpayers tens of millions of dollars, according to a new report.
An analysis from OpenTheBooks of the recently released White House payroll found the Biden White House staff spending has hit new highs.
"During...