(Mike Maharrey, Money Metals News Service) There has been quite a bit of pushback against governments and central banks around the world as they seek to introduce central bank digital currencies. But in the scramble to block CBDCs, some people seem to have forgotten that there is a more...
(Mike Maharrey, Money Metals News Service) Gold exports from Peru to India are poised to set a record in 2024 as demand grows in the world’s second-largest gold-consuming country.
According to Peru’s ambassador to India, Javier Manuel Paulinich Velarde, gold exports to India are projected to rise by 36 percent...
(Brien Lundin, Money Metals News Service) Gold has set another record high as Jerome Powell confirmed the Fed pivot.
While gold has been driven to these heights by Eastern buying, we're now seeing Western investors flocking to the metal as the shift to easier monetary policies begins.
And gold stocks are...
(Mike Maharrey, Money Metals News Service) The National Bank of Poland was the biggest central bank gold buyer in the second quarter. A Euronews report speculated that the country is "preparing for the worst."
The Polish central bank added 19 tons of gold to its reserves in Q2. According to...
(Mike Maharrey, Money Metals News Service) Federal Reserve Chairman Jerome Powell gave the clearest indication yet that more inflation is in the pipeline during his Jackson Hole Speech on Friday.
Powell indicated rate cuts are on the horizon, saying, “The time has come for policy to adjust, adding that “the...
(Jon Forrest Little, Money Metals News Service) The global economic landscape has undergone a seismic shift over the past few decades, with the outsourcing of jobs from the United States to India playing a pivotal role. This transformation has had far-reaching consequences for both nations, reshaping their economies and...
(Headline USA) The Justice Department filed an antitrust lawsuit Friday against real estate software company RealPage Inc., accusing it of an illegal scheme that allows landlords to coordinate to hike rental prices.
The lawsuit, filed alongside attorneys general in states including North Carolina and California, alleges the company is violating...
(Dmytro “Henry” Aleksandrov, Headline USA) A new labor market survey shows Americans have rarely felt more in need of new job opportunities, indicating that over 28% are currently looking for a new job.
The New York Federal Reserve's latest consumer poll found that 28.4% of respondents were looking for a job—the highest...
(Money Metals News Service) In a recent episode of the Money Metals podcast, host Mike Maharrey sat down with economist Daniel Lacalle to discuss pressing economic issues, including inflation, government policy, and the future of the U.S. dollar. Lacalle, a professor of global economy at IE Business School in...
(Headline USA)The average rate on a 30-year mortgage eased this week to its lowest level in 15 months, welcome relief for home shoppers navigating a housing market that remains out of reach for many Americans.
The rate fell to 6.46% from 6.49% last week, mortgage buyer Freddie Mac said Thursday....
(Mike Gleason, Money Metals News Service) As central bankers from around the world gather in Jackson Hole to foist their agendas into the media spotlight, investors are counting down the days until the Federal Reserve starts cutting rates.
Minutes from the Fed’s last meeting showed several officials were sympathetic toward...
(Mike Maharrey, Money Metals News Service) Many investors put gold and Bitcoin in the same category. Some people even call Bitcoin "digital gold."
Is this a fair comparison?
There are certainly similarities between the two assets, but there are some significant differences as well.
Gold and Bitcoin have both provided solid returns...