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Saturday, December 21, 2024

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Head of Largest Russian Oil Producer Says Gold Could Rival the Dollar

(Mike Maharrey, Money Metals News Service) The head of Russia’s largest oil producer says gold could become the dollar’s main competitor in world trade. Russian policymakers have a vested interest in undermining the dollar, so their rhetoric should be taken with a grain of salt, but it’s worth paying attention...

‘We Want to Vomit’: Fake News Anchor Scams Elderly Woman Out of Tens of Thousands

(Julianna Frieman, Headline USA) A Facebook user impersonating MSNBC host Ari Melber reportedly scammed a 73-year-old woman in Washington out of at least $20,000. Police are investigating the fake news anchor’s deception of the elderly Patrica Taylor, which started when she received a message from the scammer’s profile about a...

Trump Secures $100B Investment to Create 100,000 American Jobs

(Dmytro “Henry” Aleksandrov, Headline USA) President-elect Donald Trump recently revealed that he secured $100 billion in investment in the American economy to create at least 100,000 American jobs. Late Monday morning, Trump announced that SoftBank's CEO Masayoshi Son will invest $100 billion in new U.S. investments. "We've just concluded a very...

13M People Fled Blue States for Red Ones over Past 30 Years

(Thérèse Boudreaux, The Center Square) Millions of residents in blue states have migrated to red states within the past 30 years, according to federal data. A policy group that analyzed the data says it's a clear sign that many Americans find Democratic policies unlivable. The migration has been, in large part, an...

Prominent Gold Analyst’s Insider Take on Mining, Metals, and More

(Money Metals News Service) In a captivating episode of the Money Metals podcast, host Mike Maharrey sat down with Jeff Clark, a prominent precious metals and mining analyst, founder of TheGoldAdvisor, and author of Paydirt: Mining for Profits with Gold & Silver Stocks. The conversation covered Jeff's personal journey, the intricate process of mining...

The Pros and Cons of Depository Storage for Your Metal

(Clint Siegner, Money Metals News Service) Depository storage for precious metals isn’t for everyone, but, then, neither is storing metals at home. Especially in larger amounts. The choice is more complicated than it might look at first glance. It isn’t as simple as determining if the advantage of more physical...

A Warning and Word of Advice for Boomers! (And Everybody Else)

(Mike Maharrey, Money Metals News Service) The stock market and the economy have been generally kind to the Boomer generation. But Rich Dad Poor Dad author Robert Kiyosaki has a warning. "BOOMERS are SOL: When stock market bursts…BOOMERS will be BIGGEST LOSERS." A recent report from Allianz asserts that Boomers are the wealthiest generation in history. “A unique...

Is Selling Gold Right Now a Mistake?

(Mike Maharrey, Money Metals News Service) Producer prices came in hotter than expected in November. This came on the heels of a CPI report showing price inflation is sticky. With inflation worries mounting, investors sold gold. Wait. People sold an inflation hedge with increasing signs of inflation? Yes. You read that correctly. We’ve returned to...

Biden’s Education Dept. Spends $1B on DEI Grants

(Dmytro “Henry” Aleksandrov, Headline USA) It was recently revealed that the Department of Education under the Biden administration spent $1 billion on DEI grants instead of children's education. Fox News reported that the department has spent enormous amounts of money to advance DEI in hiring, programming and mental health training in...

‘Full of S**t’: Obama Loyalist Flips Out as Big Tech CEOs Flock to Trump

(Julianna Frieman, Headline USA) Jon Favreau, a former aide to former President Barack Obama, flipped out at Meta CEO Mark Zuckerberg on Friday’s episode of Pod Save America as big tech companies flock to President-elect Donald Trump. The Pod Save America co-host said Zuckerberg was “full of s**t” for donating $1...

Gold Scammer Sentenced to 10 Years in Prison

(Mike Maharrey, Money Metals News Service) They threw the book at him. I hope it hurt. A Maryland circuit court judge sentenced Ravinklejeet Mathon, 26, to 10 years in prison for his part in an elaborate gold scam. Five years of the sentence was suspended, but he will still likely serve...

African Banks Establish Presence in China amid Push for De-Dollarization

(Mike Maharrey, Money Metals News Service) African banks are opening branches in Chinese cities in an effort to tap into growing trade ties between African nations and China. Meanwhile, China is encouraging more yuan-based transactions, hoping to push the dollar to the sidelines. In October, Access Bank UK, a Nigerian Access...
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