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Monday, November 25, 2024

FINANCE

Central Banks Fuel Gold Rally While Western Investors Sit Out

(Mike Gleason, Money Metals News Service) As trading wraps up for the month of August, the gold market is set to record its highest-ever monthly closing price. Gold defied expectations, in some circles, of a summer slump. The question seems to be how high the monetary metal will go heading...

Jen Psaki and Don Lemon Peeved that Black Voters Support Trump

(Headline USA) MSNBC host Jen Psaki appeared shocked this week when former CNN host Don Lemon told her many black voters he’s talked to said they plan to back former President Donald Trump in November, Mediaite reported. Psaki, who previously served as President Joe Biden's press secretary, asked Lemon about his...

Silver Saving Honey Bees and Other Silver News

(Mike Maharrey, Money Metals News Service) Silver is an important element in the quest to save dying honey bee colonies, according to the latest edition of the Silver Institute's Silver News. There has been a worldwide collapse of bee hives in recent years. In the U.S. alone, beekeepers lost hundreds...

Holding Gold Yields Better Returns Than Mining for It

(Stefan Gleason, Money Metals News Service) With spot gold prices at record highs, investors might expect that shares of precious metals mining companies are also trading at record highs. By and large, that is not the case. Mining stocks, as represented by the HUI Gold BUGS Index, are still underwater by...

ST. ONGE: From Price Controls to Mass Starvation

(Peter St. Onge, Money Metals News Service) From taxes to spending, Kamala is the most left-wing major party candidate since George McGovern -- who proposed a Universal Basic Income in 1972 and went on to win a single state. But her most hare-brained scheme -- so far -- has been...

No Kamala! Inflation Isn’t Because of ‘Record’ Grocery Store Profits

(Mike Maharrey, Money Metals News Service) Kamala Harris blames grocery store profits for price inflation. She has even floated a plan to prohibit food “price gouging” that sounds a lot like price controls. You have to give Harris credit for smart politicking. The “greedy corporations” trope plays well with a...

Kamala Flip-Flops on Biden-Harris Admin’s Electric Vehicle Mandates

(Headline USA) Vice President Kamala Harris’s campaign flipped on yet another policy this week, insisting that the newly anointed Democratic nominee for president never supported electric vehicle mandate---despite the Biden administration releasing rules last year requiring car companies to phase out the production of traditional gas-powered vehicles. In a “fact check”...

Home Depot Caught Backing Groomer Organization’s Scheme to Indoctrinate Schoolchildren

(Headline USA) Home Depot could be the next company to face a conservative boycott after a report this week revealed it partnered with a LGBT group to develop a curriculum that taught elementary students about gender identity and sexuality. In 2022, Home Depot announced it would be working with the Human...

California Dems Set to Pass Bill to Help Illegals Buy Homes

(Headline USA) California Democrats were set to pass a bill this week that would help illegal immigrants secure first-time home-buyer loans, Politico reported. The bill, introduced by state Assemblyman Joaquin Arambula, would grant certain illegals eligibility to apply to the state’s Dream for All home loan program, which awards first-time...

Slow Cooking in a Microwave World: Understanding Inflation and Economic Trends

(Money Metals News Service) In the latest episode of the Money Metals Midweek Memo, host Mike Maharrey dives deep into the recurring economic themes that dominate the news cycle. Maharrey begins by acknowledging a feeling many listeners may share: a sense of repetition in the content.  However, he stresses the...

SILVER BATTERIES: Society May Embrace Faster Charging, Longer Ranges

(Jon Forrest Little, Money Metals News Service) In the early 20th century, a revolution in personal transportation was about to change the world. The year was 1908, and Henry Ford had just unveiled his Model T, a car that would put America on wheels and spark an industrial transformation unlike...

Renewed Gold Demand in West May Be ‘Rocket Fuel’ for the Yellow Metal

(Stefan Gleason, Money Metals News Service) Gold prices remain firmly above $2,500, and silver has been able to hold onto the $30 level. Market participants are now extremely confident in the kickoff of an extended Fed rate-cutting campaign in September, especially in light of weak employment numbers. The stock market, however,...
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