(Headline USA) President Donald Trump used a televised address Thursday to the World Economic Forum to promise global elites lower taxes if they bring manufacturing to the U.S.---and threatened to impose tariffs if they don’t.
Speaking by video from the White House to the annual summit in Davos, Switzerland, on his...
(Headline USA) Saudi Arabia’s crown prince said Thursday the kingdom wants to invest $600 billion in the United States over the next four years, comments that came after President Donald Trump earlier put a price tag on returning to the kingdom as his first foreign trip.
Trump's 2017 trip to Saudi...
(Mike Maharrey, Money Metals News Service) The gold-silver ratio has surged to over 90-1. This indicates that silver is extremely underpriced from a historical perspective.
In other words, silver is on sale.
The last time we saw a gold-silver ratio over 90-1 was in the early days of the pandemic lockdowns.
In the...
(Mike Maharrey, Money Metals News Service) Every month, we report on the massive budget deficits. Most people yawn and move along. The reality is they don’t view overspending and debt as a big problem. After all, the debt has been growing for decades and nothing bad has happened.
But the problem...
(Money Metals News Service) Host Mike Maharrey dives into the economic principle of incentives, emphasizing their critical role in shaping behavior and policy outcomes.
He references French economist Frédéric Bastiat’s essay The Seen and the Unseen (That Which is Seen, and That Which is Not Seen), which explores the visible and...
(Joshua D Glawson, Money Metals News Service) Sound money composed of gold and silver has historically been a way to establish economic and financial stability, build wealth, plan for the future, and hedge against tyrannical government overreach.
The “soundness” in sound money refers to its validity and reliability, much like a sound argument in logic. Coincidentally...
(Headline USA) President Donald Trump on Tuesday talked up a joint venture investing up to $500 billion for infrastructure tied to artificial intelligence by a new partnership formed by OpenAI, Oracle and SoftBank.
The new entity, Stargate, will start building out data centers and the electricity generation needed for the further development...
(Jesse Colombo, Money Metals News Service) There's a frantic global scramble for bullion as major dealers rush to move gold into the U.S. ahead of potential tariffs.
Around a month ago, gold and silver markets were being roiled by the possibility that imported gold and silver could be subject to tariffs...
(Money Metals News Service) With President Donald J. Trump taking the oath of office yesterday, it promises to be a news-filled week of executive orders and appointments.
Markets are watching for proclamations on the economic policy front. Trump stated yesterday that he looks to hit Canada and Mexico with 25%...
(Brett Rowland, The Center Square) The day after President Donald Trump took office, the U.S. Treasury said it would need to employ "extraordinary measures" to avoid hitting the debt limit.
In a letter, outgoing Treasury Secretary Janet Yellen said extraordinary measures would begin Jan. 21.
Because of that limit, Yellen said she...
(Mike Maharrey, Money Metals News Service) Where does the world get its silver?
In 2023, silver mines produced 830.5 million ounces of silver. That total is projected to decline by about 1 percent to 823.5 million ounces in 2024.
Silver mine output has been declining for nearly a decade. Mine production peaked...
(Mike Maharrey, Money Metals News Service) You spent more money in 2024 but didn't get very much more stuff.
Retail sales rose 3.9 percent last year. Based on that number alone, you might think Americans consumed a lot more goods and services than they did the previous year. You might...