Thursday, April 10, 2025

FINANCE

Federal Reserve Monetary Malfeasance Has Consequences

(Mike Maharrey, Money Metals News Service) Nothing is forever. Not even Forever. Forever 21 recently filed for bankruptcy - again. The clothier reorganized back in 2019. Now it is shutting down for good. According to recent reporting, the company plans to close all 354 stores in what the company calls...

That Was Fast! Gold Shot to $3,000 at a Historic Pace

(Mike Maharrey, Money Metals News Service) Gold pushed above $3,000 an ounce last Friday and has continued to drive higher. A lot of mainstream analysts forecast $3,000 gold for this year, but the pace of gold’s climb has been faster than most expected. The price of gold hit new highs 40...

Gold Finally Hits $3,000! Here’s What You Need to Know

(Jesse Colombo, Money Metals News Service) Today marks a historic milestone as the spot price of gold has officially closed above $3,000 an ounce for the first time! While gold futures—typically priced higher than spot gold—briefly tested this level last week, they failed to hold above it. However, yesterday's close confirms a...

OUCH! Sidestep These Gold & Silver Blunders…

(Clint Siegner, Money Metals News Service) The unfortunate truth is that it is possible for bullion investors to lose money in an up market. Some buyers are learning that lesson now, and it is worth sharing. Those who understand how these markets work can make better decisions about what to...

Chinese Gold Investment Demand Surged in February

(Mike Maharrey, Money Metals News Service) Investment demand for gold in China was robust last month, with monthly ETF gold inflows setting a record. China ranks as the world’s number one gold market. The Shanghai Benchmark Gold Price PM (SHAUPM) in yuan rose 4.3 percent last month. That was slightly higher...

$3000/Ounce: Why The Oldest Money Just Hit Its Newest High

(Peter C. Earle, Money Metals News Service) Less than a week after breaking the $2,900 per ounce barrier, gold has surged past $3,000 per ounce, driven primarily by deepening economic uncertainty. The S&P 500 has entered correction territory, tumbling over 10 percent from its recent highs as fears of a slowdown grip...

Trump Moves to Shut Down Voice of America, State Media Outlets

(Kyle Anzalone, Libertarian Institute) President Donald Trump has issued an executive order that will dismantle Voice of America, Radio Free Europe, Radio Free Asia, and other US state media outlets. A press release from the White House said that the outlets have adopted an increasingly progressive agenda. On Friday, the...

$3,000 Gold!

(Mike Maharrey, Money Metals News Service) On Friday, the spot price of gold topped $3,000 an ounce for the first time. This is yet another milestone in a bull run that started last year. Since the end of 2023, gold has climbed to $3,000 from $2,064, a 45.3 percent increase. The...

Fight against Politically Motivated Debanking Builds Momentum

(Casey Harper, The Center Square) Over the past few years, more Americans were surprised to learn that their bank suddenly closed their accounts, purportedly for their political views. The process is called debanking, when a bank chooses to kick a customer out, often without any notice or explanation. Critics say the...

Government Shutdown Averted Mere Hours before Deadline

(Thérèse Boudreaux, The Center Square) Lawmakers have prevented a government shutdown by passing a six-month funding stopgap bill, with the U.S. Senate voting 54-46 hours before the midnight deadline. The passage of the Continuing Resolution follows a nail-biter cloture vote Friday afternoon, where nine Democrats and one independent ultimately voted for Republicans’...

San Francisco Bureaucrat Faked 17 Children to Scam $500K in Handouts

(Luis Cornelio, Headline USA) A San Francisco city worker was caught multiplying like rabbits—at least on paper—after fabricating records for more than a dozen children in a scheme to defraud taxpayers of more than $500,000 in government entitlements.  Daisy Avalos, a staffer in the San Francisco Human Services Agency, and her...

Gold Revaluation, Market Manipulation, and the Future of Money

(Money Metals News Service) In a recent episode of the Money Metals podcast, host Mike Maharrey sat down with veteran journalist and author Stuart Englert to discuss gold revaluation, the manipulation of precious metals markets, and the broader implications for the financial system. Englert, author of Rigged: Exposing the Largest Financial...
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