(Mike Maharrey, Money Metals News Service) The universe seems to know the dollar is in trouble. During a recent news conference, a reporter asked Treasury Secretary Janet Yellen, "How concerned are you about the potential impact of the dollar's status as the world reserve currency?"
Before the reporter could finish...
(Mike Maharrey, Money Metals News Service) Indian silver demand has spiked, driving the price to record levels in rupee terms.
There is a perception that silver has lagged gold despite a price increase of around 35 percent on the year in dollar terms. The fact that silver remains well below its record...
(Orphe Divounguy, The Center Square) In September, the U.S. economy surprised everyone.
Recession fears from July and August gave way to concerns that strong growth could stall further disinflation. This shift is occurring at the start of a Federal Reserve rate-cutting cycle, raising questions about the timing of future rate...
(Stefan Gleason, Money Metals News Service) Precious metals investors need to be careful to avoid scams. Some have been around for a long time in different forms. Others are newly proliferating now that gold is hitting records.
Last week, the Commodity Futures Trading Commission announced it has obtained a judgment...
(Stefan Gleason, Money Metals News Service) Government statistics portraying robust jobs growth, shrinking inflation, and a booming economy aren’t squaring with Americans’ real-world experiences. The vast majority say their standard of living in recent years has gotten worse, not better.
A similar disconnect reveals itself on the subject of crime....
(Money Metals News Service) In a recent episode of the Money Metals podcast, host Mike Maharrey interviews economist Judy Shelton, a prominent advocate for returning to the gold standard and a former economic advisor to President Trump.
Shelton, who has a new book, Good as Gold: How to Unleash the Power...
(Jesse Colombo, Money Metals News Service) Gold and silver trading remained subdued this past week, with traders holding back from significant moves as they await the upcoming U.S. presidential election.
With only seven trading days left until the U.S. presidential election, financial markets have become quiet as they anticipate the...
(Mike Maharrey, Money Metals News Service) A recently announced Chinese economy stimulus package could provide a shot in the arm for the Chinese gold market.
China ranks as the world's number one gold consumer.
World Gold Council China analyst Ray Jia called it a "stimulus bazooka." Reuters called it "the biggest stimulus since the...
(Mike Maharrey, Money Metals News Service) The desire to unseat the dollar as the global reserve currency is strong, but it’s easier said than done. And it doesn't appear the BRICS bloc is quite up to the task - yet.
Russia, in particular, has pushed hard for the BRICS nations...
(Brett Rowland, The Center Square) The U.S. Department of Education's proposed rules for student-loan forgiveness could cost taxpayers up to $600 billion, far more than the department estimated, according to budget watchdogs.
The Department of Education announced Friday another amnesty effort, despite a ruling from the U.S. Supreme Court that...
(Dmytro “Henry” Aleksandrov, Headline USA) Republican presidential nominee Donald Trump recently announced that if he becomes president of the United States, he could abolish the income tax, making the IRS obsolete.
Trump said this during a town hall segment with Fox News at a barbershop in the Bronx, New York City.
"With...
(Mike Maharrey, Money Metals Exchange) While everybody was watching the gold and silver bulls run, the price of palladium shot up by about 8 percent on Thursday (Oct 24).
In fact, palladium is up by around 27 percent since earlier this month, having spiked from $922 an ounce to over $1,195 today.
What...