Wednesday, May 7, 2025

FINANCE

Is Bitcoin Ready To Retire Gold?

(Walter Donway, Money Metals News Service) Gold has won the competition — a plebiscite as long-running as established civilizations — to be crowned mankind’s universal choice as a store of value and medium of exchange — as real money. Now, in less than two decades, a potential competitor has...

AOC & Bernie Sanders Fight for the Working Class—From a Luxury Jet

(José Niño, Headline USA) The purported champions of the "little guy," Alexandria Ocasio-Cortez and Bernie Sanders, were caught living large aboard a $15,000-per-hour private jet en route to a “Fighting Oligarchy” rally. Footage captured by Fox News shows the far-left New York congresswoman and her longtime democratic socialist ally stepping...

Paper Money as a Weapon of War

(Lawrence W. Reed, Money Metals News Service) Ships of Britain’s massive Royal Navy, the largest in the world, inflicted great damage on American ports, property, and vessels during the years of the Revolution (1775–1783). Perhaps none of those ships wreaked more havoc than HMS Phoenix, and it accomplished its devious...

Gold Set an Inflation-Adjusted Price Record Last Week!

(Mike Maharrey, Money Metals News Service) It seems as if gold has been breaking records every week as bulls have run with wild abandon. However, last week, gold quietly hit a very significant milestone without much fanfare, taking out its all-time high in real terms. For perspective, in October 2023, gold was...

Zimbabwe Reintroduces Gold Coins Sale to Strengthen Currency Reserves

(Mike Maharrey, Money Metals News Service) As gold prices skyrocket, the Reserve Bank of Zimbabwe (RBZ) has resumed issuing gold coins. The central bank introduced the coins in June 2022. The program was touted as a way for investors to store value in the face of rampant inflation. At the...

Can Gold Reach $16,000?

(Jan Nieuwenhuijs, Money Metals News Service) As we are in the final stages of a debt cycle that is causing gold to skyrocket, the question arises: how high can gold go? Comparing the current bull run to the previous two points to a gold run as high as $16,000 per...

Gold Outperforms… Will that Continue?

(Clint Siegner, Money Metals News Service) There are plenty of frustrated silver bugs. Gold is outperforming once again, and they wonder when silver will finally catch up. History suggests silver will outshine gold in a bull market for metals. So far, that has not been the case for much of...

Buy Gold to Hedge Against Everything!

(Mike Maharrey, Money Metals News Service) You often hear gold referred to as an “inflation hedge.” Jim Rickards argues that we should really consider gold the “everything hedge.” Rickards is an investment banker and a well-known commentator and market analyst. Gold has been on a tear for well over a year....

Amazon Launches Its First Internet Satellites to Compete Against SpaceX’s Starlinks

Amazon’s first batch of internet satellites rocketed into orbit Monday, the latest entry in the mega constellation market currently dominated by SpaceX's thousands of Starlinks. The United Launch Alliance's Atlas V rocket carried up 27 of Amazon's Project Kuiper satellites, named after the frigid fringes of our solar system beyond Neptune. Once released in orbit, the...

Kenya Considering Gold to Diversify Away from Dollar

(Mike Maharrey, Money Metals News Service) The Central Bank of Kenya (CBK) is considering adding gold to its reserves to “diversify away from other currencies.” Given that the Kenyan central bank holds most of its foreign reserves in dollars, this appears to be yet another step toward global de-dollarization. During an interview...

Gold Isn’t Going Up

(Jesse Colombo, Money Metals News Service) Inflation is caused by the growth of the money supply, and gold is a strong hedge because it rises alongside it. Whenever gold rises and I get excited as a gold investor, I’m often met with the familiar refrain: "Gold isn’t really going up—the dollar...

Scammer Steals $500,000 in Gold Coins from Oregon Woman

(Mike Maharrey, Money Metals News Service) Here's a way to avoid 90 percent of scams. Don't answer the phone, and don't click links in emails. It's pretty simple, really. If you don't interact with scammers, they can't scam you. It's highly unlikely that a crook will show up at your door...
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