(Mike Maharrey, Money Metals News Service) Indian investors are turning to gold as the domestic stock market tanks.
This isn't a surprise, but there is a twist. Indians are increasingly turning to ETFs to gain exposure to the yellow metal.
Indians have a long love affair with gold. The country ranks...
(Mike Maharrey, Money Metals News Service) The U.S. dollar's status as the global reserve currency continues to erode, with gold and “non-traditional” reserve currencies gaining ground.
According to recently released IMF data, the dollar’s share of global reserve currencies slid further last year. Total holdings of dollar-denominated securities by central banks...
(Money Metals News Service) In the latest Money Metals Midweek Memo, host Mike Maharrey tackles the most frequently asked questions from investors, precious metals enthusiasts, and citizens concerned about the state of the economy.
This episode functions as a deep-dive AMA (Ask Me Anything), unpacking the implications of gold’s historic surge,...
(Jan Nieuwenhuijs, Money Metals News Service) The People’s Bank of China (PBoC) continues to buy unprecedented amounts of gold as the global financial is deleveraging (i.e. investors exchange credit assets for gold).
In 2024, the Chinese central bank covertly bought 570 tonnes, encouraging gold’s ascent in global international reserves by 4%, the...
(Mike Maharrey, Money Metals News Service) Would you loan money to Uncle Sam? That’s becoming a pertinent question as the U.S. government’s fiscal situation continues to deteriorate.
The national debt surged over $36 trillion last fall, and despite some cutting by DOGE, there is no sign that the spending is going to...
(Mike Maharrey, Money Metals News Service) Can the U.S. be trusted with German gold? That’s a question being asked by some German officials.
Germany ranks second in gold reserves behind the U.S. It officially holds 3,352 tonnes of gold with about 1,236 tonnes (37 percent) held in Federal Reserve vaults in...
(Clint Siegner, Money Metals News Service) Washington D.C. is still a prime breeding ground for bad ideas. One of the dumbest, and more dangerous, is the idea of swapping U.S. gold reserves for Bitcoin.
In fairness, we should first mention we are encouraged by the growing acceptance by a handful...
(Mike Maharrey, Money Metals News Service) Have you ever thought, "I'd give my eye teeth for some money?" Apparently, some people in the United Kingdom have gotten to that level of desperation.
According to an article in The Sun, people are selling gold dental work to pay bills.
Jon White said the gold...
(Mike Maharrey, Money Metals News Service) BRICS continues to develop a cross-border payment system that would provide an alternative to SWIFT and minimize reliance on the dollar. Success in the endeavor would accelerate de-dollarization and create significant problems for the U.S. economy.
Russia has been pushing particularly hard for the...
(Joshua D Glawson, Money Metals News Service) Long before fiat currency, digital dollars, or cryptocurrency, America’s Founders sought to anchor the young nation’s economy in gold and silver, i.e. sound money.
In fact, on April 2, 1792 – 233 years ago – President George Washington signed legislation that established America’s...
(Money Metals News Service) In a timely episode of the Money Metals podcast, host Mike Maharrey sat down with veteran journalist and Gold Anti-Trust Action Committee (GATA) co-founder Chris Powell to discuss gold's historic surge past $3,000 an ounce and what it signals about the global monetary system.
The conversation offered deep insight into...
(Jesse Colombo, Money Metals News Service) Yesterday was an exciting day for silver, which surged 2.52% to a 13-year high, finally breaking above the key $34–$35 resistance zone I’ve been watching for months.
This is a level I’ve called "the line in the sand" to confirm a true breakout and...