There are lots of good, speculative opportunities that are both high-potential and low-risk—not high-potential and high-risk. Most people don’t understand that.
The Russian government hopes the ban will support domestic industries, enhance government revenues, and tighten control over the trade of valuable resources.
Trump has effectively conceded that the debt won’t be tackled in any meaningful way. It's up to individuals to protect themselves from the risks of the debt crisis.
“Survive till ’25” isn’t going to have as much ring to it as it devolves into figuring out how to survive until ’26. You can come up with any new slogan you want, but it’s going to be dead on arrival once it’s clear that “survive till ’25” didn’t do the job.
Gold is up, suggesting inflation is back. The dollar is strong as if Europe, Canada and China are ailing (spoiler alert: They are.) Still, something’s got to give.
In the latest Money Metals Midweek Memo, Mike Maharrey explores Thanksgiving's history, the gold and silver markets, and the principles of sound money.