FINANCE
Argentina’s Milei Starts Another US Tour, Plans to Meet Elon Musk
(Headline USA) President Javier Milei of Argentina kicked off a visit Wednesday to the United States, where he'll meet with tech billionaire Elon Musk to discuss possible collaborations between one of the world's leading lithium exporters and one of its leading producers of electric vehicles.
Such a collaboration could once again send Tesla...
Inflation Blame Game: Corporate Greed Edition
(Mike Maharrey, Money Metals News Service) If you listen to mainstream punditry and government spinmeisters, you'll hear all kinds of reasons for inflation.
It was supply chain issues! It's because Putin invaded Ukraine! It's Trump's fault!
Recently, the "corporate greed is causing inflation" mantra has come back into vogue.
A meme circulating...
SUV Used by O.J. Simpson Under Federal Investigation for Fiery Leaks
(Headline USA) The same make and model of car that entered into pop-culture lore following the notoriously iconic 1994 car chase to apprehend O.J. Simpson is now back in the spotlight, 30 years later, while facing a federal probe.
It may not be the actual 1993 white Ford Bronco XLT...
Panicmongering UN Climate Chief: Only 2 Years Left ‘to Save the World’
(Headline USA) Humanity has only two years left “to save the world” by making dramatic changes in the way it spews heat-trapping emissions---and it has even less time to act to get the finances behind such a massive shift, declared the head of the United Nations climate agency on...
China Obsessed w/ Janet Yellen’s Food Choices after Shroom Dosing
(Headline USA) Ever since Treasury Secretary Janet Yellen ate mushrooms that can have psychedelic effects in Beijing last July, Chinese social-media users have been preoccupied with what she will eat next.
With Yellen was back in China this week, having stopped in Guangzhou and Beijing, many people were less interested...
Indian Silver Imports Surge to Record Levels
(Mike Maharrey, Money Metals News Service) Indians are known to have a love affair with gold. India ranks as the number two gold-consuming country in the world behind only China. But Indians are also pretty fond of silver. In fact, India is the world's biggest silver consumer.
And Indian silver...
Ex-Chief of Staff Blasts Biden for Mishandling Inflation, Economy
(Headline USA) Former White House chief of staff Ron Klain blasted President Joe Biden over his handling of inflation and the economy, according to a leaked audio recording obtained by Politico.
The audio was recorded during a private event at which Klain was a speaker, hosted by the website Democracy: A...
Biden Promises Interest Rate Cut, Violating Federal Reserve Independence
(Ken Silva, Headline USA) As he was ramping up his presidential campaign in December 2019, Joe Biden criticized Donald Trump over his calls for the Federal Reserve to lower interest rates.
“The president should not be trying to pressure the Fed,” Biden said in an interview with CNBC’s John Harwood.
“That’s supposed...
3 Fun Facts on Gold, Sound Money in NC History
(Joshua D Glawson, Money Metals News Service) North Carolina is known for many wonderful things — being “First in Flight,” Carolina BBQ, Biltmore Estate (the largest private residence in the US), being the home of NASCAR, and much more.
But did you know North Carolina has a strong history of...
CPI Came in Hotter Than Expected – Again
(Mike Maharrey, Money Metals News Service) It appears cooling price inflation was “transitory” to borrow a favorite Federal Reserve term from a bygone era.
The Consumer Price Index (CPI) for March was hotter than expected by every metric.
The consensus was price inflation would show some resilience. As one analyst told...
FCC: Internet Providers Must Include Nutrition-Label Info on Hidden Fees
(Headline USA) Much like nutritional labels on food products, “broadband labels” for internet packages will soon tell you just what is going into the pricing of your service, thanks to new rules adopted by the Federal Communications Commission this week.
“If you’ve ever shopped for home or mobile internet, you...
Gold’s Rise and Economic Insights: A Midweek Memo
(Money Metals News Service) In this week's episode of "Money Metals Midweek Memo," host Mike Maharrey delves into the often overlooked yet significant realm of gold investment, drawing an engaging parallel between gold's market perception and a personal anecdote from his school days about a girl named Bertha.
Much like...
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