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Sunday, January 12, 2025

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Poland Now Holds More Gold Than Great Britain

(Mike Maharrey, Money Metals News Service) Poland has joined an elite club. The country has increased its gold reserves to over 400 tons. According to National Bank of Poland Governor Adam Glapiński, the county holds 420 tons of gold “on behalf of all Poles.” Glapiński noted that Poland “has thus entered...

Is the Inflation Monster Still Hiding Under the Bed?

(Mike Maharrey, Money Metals News Service) The so-called grownups tell us everything is fine. The inflation monster is gone now. Or is it? Sure, most people don’t believe it’s there, but I think the inflation monster is hiding under the bed. The adults in the room say it's not there. But...

Kamala Unveils Patronizing Pitch to Black Men: Weed and Cash Handouts

(Luis Cornelio, Headline USA) Vice President Kamala Harris has unveiled a so-called economic plan to court black male voters, or "brothas," as former President Barack Obama recently called them.  Harris’s not-so-groundbreaking plan pledges to hand out $20,000 taxpayer-funded forgivable loans to one million black entrepreneurs and others, while also committing to legalizing...

Trump Says He’ll Make Elon Musk His ‘Secretary of Cost Cutting’

(Headline USA) Former President Donald Trump hinted at a creating new White House position if re-elected next month, saying he would make billionaire Elon Musk his “secretary of cost cutting,” Rolling Stone reported. Trump made the comment during an interview for Fox News's Sunday Morning Futures with Maria Bartiromo, after...

How the November Election Could Impact Precious Metals Investors

(Clint Siegner, Money Metals News Service) Donald Trump is picking up steam in recent polling. Bullion investors are tuned into presidential politics, this year perhaps more than ever. They wonder what the November election might mean for markets. Absent some radical development, such as an assassination, either Trump or Harris...

The Gold Bull Still Has Legs: Yellow Metal Up 4.6 Percent in October

(Mike Maharrey, Money Metals News Service) The gold bulls kept running in September as gold set new record highs eight times and the price gained another 4.6 percent. And it appears this bull market has plenty of momentum left in it. As of Sept. 30, gold was up 26.5 percent in dollar terms...

Global Net Gold Inflows into Gold-Backed ETFs Positive for Fifth Straight Month

(Mike Maharrey, Money Metals News Service) Led by North American funds, gold-backed ETFs reported net inflows of metal for the fifth straight month in September. Globally, ETFs reported a net 18.4-ton increase in gold holdings last month. Collectively, gold ETFs held 3,200 tons of gold as of September 30. A combination of...

Russia Set to Launch Central Bank Digital Currency for Public Use

(Mike Maharrey, Money Metals News Service) Russia plans to introduce central bank digital currency for public use next year. This is another step forward toward a completely cashless society and a step backward for financial privacy. According to a press release from the Bank of Russia, digital rubles will be available to...

Unlocking the Future of Mining: Gold, Copper, and Investment Opportunities with Kai Hoffmann

(Money Metals News Service) In a recent Money Metals podcast episode, host Mike Maharrey interviewed Kai Hoffmann, the CEO of SOAR Financial Group, to discuss the junior mining industry, gold prices, and broader economic insights. Kai Hoffmann, who has been active in the junior mining sector since 2008, shared his...

‘Accent Switch Kamala’ Barbie Hilariously Mocks Harris’s Changing Personas

(Luis Cornelio, Headline USA) Meet the hilarious “Accent Switch Kamala”—a fictional Barbie inspired by Vice President Kamala Harris’s ever-changing accents.  The satirical Barbie was created by the comedy X page Snicklink, which released a mock advertisement for the product on Friday. “Who needs personality when you can switch who you are with...

Go Woke, Go Broke: European Owners of Dodge, Jeep See Corporate after Sales Slump

(Headline USA) Stellantis, which makes Jeep and Chrysler vehicles, announced a number of significant leadership changes, including the timing of CEO Carlos Tavares's retirement and the departure of its chief financial officer as it struggles to revive sales in North America. The Netherlands-based company has faced criticism for turning all-American...

Hillary Clinton Releases New Book, Sells Just 27K Copies

(Dmytro “Henry” Aleksandrov, Headline USA) Nobody cares about Hillary Clinton anymore.  The Washington Free Beacon reported that Clinton released a new book, Something Lost, Something Gained: Lessons on Life, Love, and Liberty, last month. However, not enough people wanted to buy another book in which Clinton would complain about how she allegedly won...
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