(Mike Maharrey, Money Metals News Service) Silver has cracked a key resistance level, and Rich Dad Poor Dad author Robert Kiyosaki called the white metal “the biggest bargain today.”
Silver was up 5.3 percent on Monday, the biggest gain in eight months. And on Wednesday, the white metal surged above $36 an ounce in...
(Mike Maharrey, Money Metals News Service) Incentives matter. Policymakers ignore this axiom at their own risk.
The U.S. government’s weaponization of the dollar has made many countries wary of holding greenbacks, and we’ve seen an accelerating de-dollarization over the last few years.
Now the U.S. government has weaponized trade.
Many countries have responded by...
(Money Metals News Service) Mike Maharrey opened this week’s Money Metals Midweek Memo with an anecdote about metal detecting—a light segue into a serious look at gold scarcity. He recounted the 1979 discovery of the Golden Beauty, a nearly 10-pound gold nugget found in Western Australia, now up for auction with an opening...
(Thérèse Boudreaux, The Center Square) Congress will soon vote on the White House’s rescissions package that would pull billions in taxpayer dollars from foreign aid and public broadcasting programs.
The package, compiled by the Office of Management and Budget, requests the cancellation of $9.4 billion in already appropriated spending. This...
(Ken Silva, Headline USA) Billionaire Peter Thiel, who co-founded PayPal and Palantir Technologies, was notably one of the first tech moguls to support President Donald Trump’s 2016 presidential campaign. He later bankrolled Vice President JD Vance’s run for U.S. Senate, and Vance has called Thiel his "mentor."
Before he did...
(Luis Cornelio, Headline USA) Did the anti-Trump DC mayor break the law by accepting gifts and free travel from a foreign government? A watchdog group just filed an ethics complaint on this matter.
The Foundation for Accountability and Civic Trust filed a complaint Tuesday with the Board of Ethics and Government...
(Luis Cornelio, Headline USA) The Democratic National Committee has unveiled its latest anti-Trump stunt, baffingly branded “TACO,” an acronym for “Trump Always Chickens Out.”
The campaign, first reported by Axios on Tuesday, comes in response to Trump lecturing a reporter who mentioned the Wall Street phrase allegedly used to predict his reaction to...
(Luis Cornelio, Headline USA) CNN star correspondent Alex Marquardt announced on Monday that he was leaving the network, just months after his misleading reporting on Navy veteran Zachary Young triggered a $5 million defamation payout.
Marquardt made the announcement on X, reminiscing about his eight years with the network. “Tough to...
(Headline USA) President Donald Trump wants his “big, beautiful” bill of tax breaks and spending cuts on his desk to be signed into law by the Fourth of July, and he's pushing the slow-rolling Senate to make it happen sooner rather than later.
Trump met with Senate Majority Leader John Thune...
(Mike Maharrey, Money Metals News Service) Central bank gold buying moderated in April, as the gold price hit record levels.
Globally, central banks officially added a net 12 tonnes of gold to their reserves in April, according to the latest data compiled by the World Gold Council. This was 12...
(Mike Maharrey, Money Metals News Service) Gold mine output has been basically flat since 2018. Could this signal that we are at or near “peak gold?”
Gold mines globally produced an estimated 3,661 tonnes of gold in 2024. It was a new record, but only 3 tonnes higher than the...
(Jesse Colombo, Money Metals News Service) Gold, silver, and mining stocks just had a stellar day, significantly improving their technical setups. Gold jumped 2.8% while silver surged 5.38%, driven by a weaker U.S. dollar and escalating trade tensions with China.
Over the weekend, President Trump accused China of violating a recent...