Tuesday, August 26, 2025

FINANCE

Is the World Lurching Back Toward a Gold Standard?

(Mike Maharrey, Money Metals News Service) Could the world be creeping closer to a monetary gold standard? Steve Forbes sees signs that it is. In a recent article published by Forbes Magazine, Steve Forbes wrote that it may seem hard to believe, but the world is “beginning to lurch toward...

Nvidia’s Quarterly Profit Soars, Underscoring Dominance in AI Market (for Now…)

(Headline USA) Nvidia on Wednesday overshot Wall Street estimates as its profit skyrocketed, bolstered by the chipmaking dominance that has made the company an icon of the artificial intelligence boom. Its net income rose more than sevenfold compared to a year earlier, jumping to $14.88 billion in its first quarter...

Indian Central Bank Goes on Gold Buying Spree

(Mike Maharrey, Money Metals News Service) The Reserve Bank of India has followed the lead of China and other Eastern central banks and ramped up its accumulation of gold. According to the latest data released by the RBI, the Indian central bank increased its gold reserves by 24 tons through...

Is the Federal Reserve Just Winging It?

(Mike Maharrey, Money Metals News Service) Are the central bankers at the Federal Reserve just winging it? It sure seems that way if you step back and take a long view of their decision-making. Fed officials project this aura of authority. You might imagine them as hyper-intelligent experts in the...

CIA’s 1st CTO: Agency ‘All In 100%’ on Harnessing the Power of AI

(Headline USA) Knowledge advantage can save lives, win wars and avert disaster. At the Central Intelligence Agency, basic artificial intelligence---machine learning and algorithms---has long served that mission. Now, generative AI is joining the effort. CIA Director William Burns says AI tech will augment humans, not replace them. The agency's first chief technology officer,...

Zombie Inflation and the Return of Rate Cuts: A Detailed Breakdown

(Money Metals News Service) In the latest episode of the Money Metals Midweek Memo, host Mike Maharrey dives into the current state of the economy, inflation, and the Federal Reserve's monetary policy.  Mike Maharrey describes inflation as a "zombie" that never truly dies. He likens the situation to a horror...

National Scholarship Backed by Gold for Exceptional College Students

(Money Metals News Service) For the ninth straight year, a national precious metals dealer is teaming up with the nation’s preeminent sound money policy group to help students pay for the ever-increasing costs associated with continuing education. Money Metals Exchange has partnered with the Sound Money Defense League to present...

Startup Raises $26M for Vaccine to Reduce Cow Farts (and Burps)

(Jacob Bruns, Headline USA) A startup company called ArkeaBio has raised more than $26 million in seed money to combat the perceived danger of cow farts, Feedstuffs reported. ArkeaBio is an agricultural biotechnology startup. The company plans to develop a vaccine for cows that reduces their total flatulence, in turn...

‘Shock Flavors’ Show Up to Meet Demands of Weirdo Gen-Z Consumers

(Headline USA) Van Leeuwen Ice Cream usually draws customers with gourmet takes on classics like vanilla and pistachio. But occasionally, the artisanal ice cream maker headquartered in New York slips in what it calls a “shock flavor,” like Hidden Valley Ranch or pizza. Surprising flavor combinations---think gravy-flavored Jones Soda or...

Red Lobster Seeks Bankruptcy Protection Days after Closing Dozens of Restaurants

(Headline USA) Red Lobster, the casual dining chain that brought seafood to the masses with inventions like popcorn shrimp and “endless” seafood deals, has filed for Chapter 11 bankruptcy protection. The 56-year-old chain made the filing late Sunday, days after shuttering dozens of restaurants. “This restructuring is the best path forward for Red Lobster," CEO...

Chinese Gold Demand Charted Another Strong Month in April

(Mike Maharrey, Money Metals News Service) Despite a rising price, Chinese gold demand remained robust in April. Strong investment demand more than made up for some weakness in the gold jewelry market.  This continues a trend of gold moving from West to East.  China ranks as the number one gold consumer...

All That Glitters Isn’t Gold: Silver Has Outperformed Gold During This Gold Bull Run

(Mike Maharrey, Money Metals News Service) All that glitters isn’t gold. Silver also has quite a shine lately. While gold has gotten the headlines, silver has had a solid bull run over the last several months. In fact, the white metal has outperformed gold in this gold bull market. Last week,...
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