(Chris Powell, Money Metals News Service) In the July 18 edition of Gold Newsletter, editor and publisher Brien Lundin wrote about the failure of silver prices to keep up with gold prices. "I'm not the kind of conspiracy buff that many of my friends in the industry are," Lundin wrote, "but...
(Mike Maharrey, Money Metals News Service) How will the upcoming presidential election impact the gold market? President Joe Biden has dropped out of the presidential race. It appears Kamala Harris has the inside track to the Democratic Party nomination, but that isn’t a foregone conclusion. Polling currently shows Trump...
(Mike Maharrey, Money Metals News Service) A growing number of African countries are turning to gold to hedge geopolitical risk and protect against currency losses.
Nigeria, Uganda, Zimbabwe, Madagascar, and several other African nations have made moves to increase gold reserves, bring their gold home, and even back their currencies...
(Brien Lundin, Money Metals News Service) Gold lost its gains as today’s stock sell-off gained steam, leading to a liquidity crunch and margin calls. Still, the yellow metal is weathering the turmoil very well so far.
A couple of days ago I predicted that we had another week or two...
(Headline USA) The Federal Trade Commission has ordered information from eight companies that the agency says offer products and services that use personal data to set prices based on a shopper’s individual characteristics.
In a Tuesday announcement, the FTC said it was seeking to better understand the “opaque market” of...
(Money Metals News Service) In the latest episode of the Money Metals Midweek Memo, host Mike Maharrey delved into the perils of central planning and the inherent limitations of human knowledge, drawing on insights from economist Friedrich Hayek and financial expert Jim Grant.
The episode offered a critical examination of...
(Mike Maharrey, Money Metals News Service) Don’t worry. It's fine. The Federal Reserve has everything under control. This seems to be the prevailing attitude in the marketplace.
Sure, the Fed lost control of price inflation for a while, but that wasn’t really its fault. It was due to supply chain...
(Mike Maharrey, Money Metals News Service) Today, India slashed its import tax on gold and silver, a move that could further boost demand for both precious metals in the world’s second-biggest gold market and support higher prices globally.
The move will cut taxes on gold and silver imports by more...
(Mike Maharrey, Money Metals News Service) We’ve been told the economy is strong for more than a year. The strong labor market with millions of new jobs serves as a primary data point to support this claim.
But the headline numbers don’t tell the whole story.
The labor market isn’t telling...
(Clint Siegner, Money Metals News Service) Joe Biden announced Sunday that he is ending his presidential campaign, but he intends to finish the current term. This article may be political in nature, but it will have major ramifications for investors, including gold and silver bugs.
The bullion markets have been...
(Mike Maharrey, Money Metals News Service) You might think of gold as old-fashioned - an investment that mostly appeals to Boomers. But in the real world, it's Millennials and Gen-Zers who are clamoring for gold.
According to a recent study by Bank of America Private Bank, 45 percent of wealthy...
(Mike Maharrey, Money Metals News Service) Federal Reserve Chairman Jerome Powell and other Fed officials have started signaling interest rate cuts are coming, but it’s almost certainly too late to rescue a debt-ridden bubble economy addicted to easy money.
We’re already seeing the impacts of tighter monetary policy rippling through...