Monday, November 10, 2025

FINANCE

Gold Reaches New Heights as Powell Hints at Rate Cuts

In the latest episode of the Money Metals Midweek Memo, host Mike Maharrey delves into the recent surge in gold and silver prices, driven by Federal Reserve Chairman Jerome Powell's comments and geopolitical events. Maharrey provides an in-depth analysis of the economic landscape, highlighting key factors that have influenced...

If You’re Going to Take a Bribe (You Shouldn’t), at Least Get Gold

(Mike Maharrey, Money Metals News Service) At least he accepted bribes that would retain their value.  On July 16, a jury convicted Senator Bob Menendez (D-N.J.) on 16 counts, including wire fraud, bribery, and extortion. According to the indictment, the senator and his wife took bribes, including 13 gold bars, from...

Elon Musk Says He’s Pulling X and SpaceX HQs from California

(Headline USA) Elon Musk announced this week that he will relocate the headquarters for X and SpaceX out of California after Gov. Gavin Newsom signed a bill into law barring school districts from notifying parents if their child starts identifying as a different gender. Musk has been previously outspoken against the...

Delegate Predicts Trump’s Union Gambit May Lead to Pa. ‘Landslide’

(Christen Smith, The Center Square) A veteran delegate from Pennsylvania believes former President Donald Trump could win the state again come November---bigly. “I have believed even before the debate debacle, even before the shooting, Trump would probably win Pennsylvania and would win it handily,” said Charlie Gerow, a Republican strategist,...

Trump-Owned Company Sells $299 Sneakers w/ Image of Bloodied Face

(Headline USA) A company is now selling $299 sneakers showing an image of Donald Trump with streaks of blood on his cheek and pumping his fist in the air after he was the target of an assassination attempt in Pennsylvania. The white high tops are being sold as “FIGHT FIGHT...

Amazon Prime Day a Big Event for Scammers, Experts Warn

(Headline USA) Amazon Prime Day is here, and experts are reminding consumers to be wary of scams. Deceptions such as phony emails from people impersonating online retailers like Amazon are nothing new. But phishing attempts increase amid the heavy spending seen during significant sales events, whether it's Black Friday or...

Musk Pledges $45M a Month to Trump after Assassination Attempt Triggers Endorsement

(Molly Bruns, Headline USA) Billionaire Elon Musk pledged to give a super PAC backing former President Donald Trump $45 million a month for an indeterminate amount of time, according to CNBC. Musk and several other highly successful entrepreneurs, including Palantir co-founder Joe Lonsdale and crypto billionaires Cameron and Tyler Winklevoss, gave...

Indian Gold Demand Expected to Support Extended Gold Rally

(Mike Maharrey, Money Metals News Service) According to a recent note by ANZ Bank, Indian gold demand could help extend the current gold rally and push the price of gold to $2,500 and beyond. India ranks as the world’s number-two gold market behind China. Gold prices have surged to record highs...

Canadian Gold Exports to China Surge in Another Sign of Gold Flowing from West to East

(Mike Maharrey, Money Metals News Service) Canada’s growing gold exports to China provide more evidence of the shift of gold from the West to the East.  Asian gold demand has been hot through the first half of 2024. Vietnamese and Thai investors flocked to gold despite long lines and high...

Putting the National Debt Into Perspective We Can All Understand

(Mike Maharrey, Money Metals News Service) U.S. government borrowing and spending never stops. The federal government ran another big deficit in June, as the national debt inches closer to $35 trillion. $35 trillion USD. Trillion with a 'T.'  That's an unfathomable number. It's meaningless to most people. We simply can't comprehend a number...

Failed Assassination Marks Latest Escalation in Uncertainty

(Clint Siegner, Money Metals News Service) Following the shocking assassination attempt on former President Donald Trump, the nation is left wondering exactly why it happened as well as what may be coming next. There are already questions about whether the Secret Service, which answers to President Joe Biden, was incompetent...

Nearly Half of Small Businesses Say They Won’t Survive 2nd Biden Term

(Bethany Blankley, The Center Square) Nearly half of 80,000 small businesses surveyed say they won’t survive the current economic climate, ongoing inflation, or another four years of Biden administration policies, according to the survey conducted by RedBalloon and Public Square. Their May Freedom Economy Index found that small businesses “remain in survival...
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