(Peter St Onge, Money Metals News Service) If Trump takes over the Fed will inflation get even worse?
Or is the Fed the heroic defender of hard money that its defenders claim?
Last week, Donald Trump fired Fed member Lisa Cook for alleged mortgage fraud — the first time in the Fed’s 112...
(Mike Maharrey, Money Metals News Service) India is swapping U.S. Treasuries for gold, providing a concrete example of de-dollarization.
As a Times of India report put it, U.S. Treasuries “seem to be losing favor.”
Meanwhile, the Indian central bank has been rapidly increasing its gold reserves.
“India's central bank has shown a preference for increasing gold reserves...
(Mike Maharrey, Money Metals News Service) The gold bugs are right. Gold is an important asset that everybody should hold.
And yet, the mainstream looks at these so-called gold bugs with derision.
Let me tell you in an illustrative story.
I almost didn't get into reporting and writing about precious metals because...
(Mike Maharrey, Money Metals News Service) Higher gold prices have put a damper on central bank gold buying, but the World Gold Council still categorized August purchases as “firm.”
Globally, central banks added 10 tonnes of gold to their reserves in August.
The slowdown in buying was evident in the second...
(Mike Maharrey, Money Metals News Service) Silver has rallied once again, breaking through the significant $ 40-per-ounce resistance level. It’s the first time silver has eclipsed $40 since 2011.
Since last Friday (Aug. 29), silver has gained over 5 percent.
What is driving this latest bull run?
Follow the Leader
Silver has followed...
(Money Metals News Service) The latest episode of the Money Metals Midweek Memo, hosted by Mike Maharrey, explored why gold and silver are surging to historic highs, how inflationary pressures are building, and why central banks are moving away from the U.S. dollar.
Maharrey also examined investor psychology, media bias, and...
(Headline USA) A former press secretary for California's Assembly speaker sued one of the state's most prominent politicians, accusing him of firing her in retaliation for reporting alleged bribery and other misconduct.
In the lawsuit filed Tuesday, former staffer Cynthia Moreno said she submitted a complaint to the Legislature earlier this...
(Luis Cornelio, Headline USA) Rep. Ilhan Omar, the radical Democrat from Minnesota, has amassed a net worth of up to $30 million, a shocking climb from being in red when she first entered Congress in 2018.
Her latest financial disclosures reveal that she and her husband, former political consultant Tim...
(Mike Maharrey, Money Metals News Service) Government regulators in India are considering easing restrictions on the inclusion of gold ETFs in the country’s pension funds. This could supercharge India’s already surging gold investment market.
India ranks as the world’s second-largest gold market behind China.
Gold-backed ETFs are currently treated as “alternative...