Thursday, July 3, 2025

FINANCE

Revisiting the Bullish Case For Silver

(Jesse Colombo, Money Metals News Service) Though silver has been quiet lately, it’s important to be aware of the many bullish factors that are setting the stage for a strong move higher. As an analyst and investor who strongly believes in silver’s long-term potential, I often revisit and share key...

Industrial Demand for Gold Steady in Q1

(Mike Maharrey, Money Metals News Service) Every once in a while, you’ll hear some talking head on a financial network claim that gold is “a useless metal.” This is an absurd statement. Fundamentally, gold is money, accounting for a lot of its demand, but it also has practical uses. In the first...

Gold Demand Surges: A Global Breakdown with the World Gold Council

(Money Metals News Service) Gold demand soared in the first quarter of 2025, hitting its highest Q1 level since 2016. To explain what’s driving the trend, Mike Maharrey spoke with Juan Carlos Artigas, global head of research at the World Gold Council. Artigas offered key insights from their latest Gold Demand...

Mexican Tall Ship Strikes Brooklyn Bridge, Snapping Masts and Killing 2

(Headline USA) A Mexican navy sailing ship on a global goodwill tour struck the Brooklyn Bridge in New York on Saturday, snapping its three masts, killing two crew members and leaving some sailors dangling from harnesses high in the air waiting for help. New York City Mayor Eric Adams said the...

Founder of Ukraine-Linked USAID Contractor Busted for Massive Bribery Scheme

(Ken Silva, Headline USA) The founder of a government contracting firm has pled guilty to bribing a USAID officer to receive some $500 million in contracts. The USAID officer he bribed pled guilty, too. The government contractor, Walter Barnes, is the founder of PM Consulting Group, which now goes by...

Why Americans Stopped Saving Money

(Peter St Onge, Money Metals News Service) During last month's tariff war, a big driver of stock-market declines was foreigners selling. Foreigners have stockpiled over $60 trillion in US assets -- much of it in stocks. Which puts America at the mercy of those foreigners whenever foreigners get nervous. Part of...

Gold Helping to Unlock the Mysteries of the Universe

(Mike Maharrey, Money Metals News Service) Gold is helping unlock mysteries of the universe. In December 2021, the James Webb Space Telescope (JWST) was launched. Over the last several years, the telescope has produced stunning images that are helping scientists to better understand the universe. Scientists began developing plans for the...

Singapore Gold Launch Could Threaten London & NY Dominance

(Mike Maharrey, Money Metals News Service) A Singapore-based startup hopes to challenge New York and London's dominance of the gold market. Abaxx Exchange recently launched a physical 1-kilo gold contract. It will be denominated in dollars and deliverable in Singapore. It will be the first and only physical gold futures...

More Than 200 Republicans Work To Sabotage Chances of Iran Nuclear Deal

(Dave DeCamp, Antiwar.com) More than 200 Republicans in Congress have sent a letter to President Trump urging him that any deal with Iran must involve the complete dismantlement of Tehran’s nuclear enrichment program, which Iranian officials have made clear is a non-starter. The letter was signed by 177 GOP House...

What Is the Current Inflation Situation?

(Mike Maharrey, Money Metals News Service) What is the current inflation situation? If you just go by the CPI, things are looking pretty good. We got a better-than-expected “inflation” report for the third straight month. Prices rose 2.3 percent on an annual basis in April, the lowest rate since February...

Beyond the Headlines: Why Gold Still Matters in a Debt-Soaked, Dollar-Weary World

(Money Metals News Service) In the latest Money Metals Midweek Memo, host Mike Maharrey delivered a powerful reminder to investors: stop reacting to the 30-second news cycle and start thinking long-term. With financial markets whipsawing on every tweet and press release, Maharrey urged listeners to step back, take a breath, and...

Ex-NYC Mayor de Blasio Agrees to Pay $330K for Misusing Public Funds on Failed White House Bid

(Headline USA)  Former New York City Mayor Bill de Blasio has agreed to pay a $329,794 fine to settle an ethics board’s complaint that he misspent public funds on his security detail during his brief, failed run for U.S. president. The deal, announced Wednesday by the city’s Conflicts of Interest...
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