(Money Metals News Service) In the latest Money Metals Midweek Memo, host Mike Maharrey tackles two central themes roiling markets and politics: silver’s long-awaited breakout and the persistent failure of Congress to rein in spending, despite the so-called “Big Beautiful Bill.”
Maharrey offers listeners both market insight and fiscal reality checks...
(Brett Rowland, The Center Square) President Donald Trump said Wednesday that U.S. talks with China in London resulted in a tentative deal that still needs China's President Xi Jinping's final approval.
The president announced the deal in an all-caps post on Truth Social.
"FULL MAGNETS, AND ANY NECESSARY RARE EARTHS, WILL...
(Jesse Colombo, Money Metals News Service) After fifteen years of stagnation, platinum has woken up in a big way with an impressive 36% surge over the past two months. Even more exciting, this bull market may just be beginning.
Although I typically focus on gold and silver in this newsletter,...
(Luis Cornelio, Headline USA) ABC News has fired one of its star correspondents after he publicly berated President Donald Trump and White House official Stephen Miller in a brazen anti-Trump rant.
The network said Tuesday it would not renew its contract with Terry Moran, a senior national correspondent, after he accused...
(José Niño, Headline USA) The FBI has unmasked Sapphire Egemasi, a 29-year-old tech influencer, as the alleged architect behind a sophisticated international fraud operation that siphoned over $1.3 million from Lexington, Kentucky’s city coffers, according to a report by the Daily Trust.
She was arrested by the FBI in the...
(Morgan Sweeney, The Center Square) President Donald Trump hosted another roundtable Monday promoting his ‘one big, beautiful’ budget bill currently before the Senate.
Speaker of the House of Representatives Mike Johnson, other key members of the House, several people from the administration and a handful of business leaders joined the...
(Brien Lundin, Money Metals News Service) Silver broke out last Thursday, soaring through the seemingly impenetrable resistance at $35.
The bloggersphere and social media were suddenly flooded with alerts and memes headlined “Hi Ho Silver!”
The move in silver has been quite dramatic, and the price has continued to rise since Thursday’s breakout....
(Mike Maharrey, Money Metals News Service) With the U.S. weaponizing the dollar and trade, some people in Germany are calling on the Bundesbank to move at least some of its gold out of New York and bring it home to minimize the risk of U.S. meddling.
Germany owns the second-largest gold reserves...
(Mike Maharrey, Money Metals News Service) While accounting rules are intended to foster transparency and facilitate accurate financial reporting, they can also mask the true financial state of an organization.
Today, a commonly used accounting trick could be obscuring risks in the U.S. banking system by papering over the significant...
(José Niño, Headline USA) In the latest twist of the Jeffrey Epstein saga, lawyer Alan Dershowitz is urging the Trump administration to consider a pardon or commutation for his accomplice, Ghislaine Maxwell, arguing she has become a scapegoat in the wake of Epstein’s death.
Maxwell is currently serving a 20-year...
(Clint Siegner, Money Metals News Service) Americans are accustomed to assets being priced in terms of Federal Reserve note dollars. It makes sense, of course.
The dollar is the currency of the realm. There is, however, a real problem with using it as a benchmark.
Government inflation statistics cannot be trusted....
(Mike Maharrey, Money Metals News Service) Supporters of tax cuts argue that they eventually "pay for themselves" and lower deficits through economic growth and increased revenue, even without significant spending cuts.
Recent history casts doubt on this claim.
Examining the three major tax cuts over the last 50 years, after initially...