(Ken Silva, Headline USA) The Justice Department announced Friday that a former senior adviser for the Federal Reserve Board of Governors has been indicted for allegedly conspiring to steal trade secrets for the People’s Republic of China.
The ex-Fed official, John Harold Rogers, 63, of Vienna, Virginia, was arrested on Friday,...
(Ken Silva, Headline USA) The UK Financial Conduct Authority filed explosive new records Friday in a dispute with former Barclays CEO Jes Staley, revealing that Staley’s relationship with deceased sex trafficker Jeffrey Epstein ran deeper than he previously disclosed.
The UK FCA’s filings were made in a long-running dispute with...
(Chris Powell, Money Metals News Service) If reports this week are correct -- there is a severe shortage of gold -- the metallic kind rather than the paper kind -- in the London market, caused by the desire of bullion banks to ship a lot of metal to the United States...
(Mike Maharrey, Money Metals News Service) The silver market is forecast to record a fifth straight market deficit in 2025, with demand once again outstripping supply.
Analysts at the Silver Institute call the projected market deficit “sizeable.”
The Silver Institute projects record silver offtake this year, with overall demand coming in at...
(Jesse Colombo, Money Metals News Service) Amid a global scramble for physical gold and silver, both metals are breaking out, signaling the start of the next powerful phase in their bull markets.
Many investors dismissed gold and silver after President Donald Trump’s victory in the November election. However, his first...
(Mike Maharrey, Money Metals News Service) A gruesome situation in a South African gold mine underscores the problem of illegal mining.
Miners trapped by government officials in the abandoned Buffelsfontein Gold Mine allegedly turned to cannibalism to survive.
Last August, South African authorities initiated a crackdown on the illegal mining operation....
(Luis Cornelio, Headline USA) The wait for President Donald Trump's tariffs is over.
Trump announced he will impose tariffs on imported goods from Mexico and Canada starting Saturday, fulfilling one of his key campaign promises.
“We’ll be announcing the tariffs on Canada and Mexico for a number of reasons,” Trump said while...
(Money Metals News Service) In the latest episode of the Money Metals Midweek Memo, host Mike Maharrey dives deep into the silver market’s outlook, highlighting increasing industrial demand, supply shortages, and bullish projections from mainstream analysts.
Silver’s 2024 Performance and Market Sentiment
Despite a common perception that silver has underperformed, silver prices rose 20.5% in...
(Money Metals News Service) Gold is breaking out to new all-time highs this morning, rising $25 to top $2,795 per ounce.
At the same time, silver continues its march upwards, rising another 60 cents this morning to trade at $31.65 per ounce.
High drama in the institutional markets for gold and...
(Mike Maharrey, Money Metals News Service) Silver demand has been red hot, driven by a rapid increase in industrial offtake. However, mine production has been flat for nearly a decade.
Can silver producers ramp up and meet demand?
According to analysis by Metals Focus, the trajectory of the silver mining sector is...
(Mike Maharrey, Money Metals News Service) The Federal Reserve put a pause on interest rate cuts at its January meeting, finally admitting what I’ve been saying for quite a while: price inflation is still sticky.
As widely expected, the Fed stood pat on interest rates, holding the federal funds rate steady...
(Headline USA) X is teaming up with Visa to soon offer a system for real-time payments on the social media platform—signaling some progress in a yearslong vision from billionaire owner Elon Musk to create an “everything app.”
Visa is the first partner for the platform's “X Money Account" service, which...