April 10, 2026
In this episode of the Money Metals Midweek Memo, host Mike Maharrey opens with a simple but effective point. People often give one reason for doing something, and that reason may be true, but it may not be the whole truth. He uses a personal childhood story to...
On the heels of a credit outlook downgrade for New York City, Mayor Zohran Mamdani and the state legislature have just declared war on the financial center’s vibrant gold bullion market.
Unsurprisingly, given the significant price corrections in January and after the onset of the Iran conflict, significant amounts of metal flowed out of gold ETFs in March. However, it was a tale of regions, with North American funds accounting for the bulk of those...
Your dollar has lost 96-97 percent of its purchasing power since 1913. This is not bad luck or mysterious market forces. It is the result of deliberate policy choices that steadily, quietly drained your wealth—and convinced you it was being done for your benefit.
After the cease-fire collapsed in less than 24 hours, the markets are on the move again. No one seems to have any idea whether anything that either side involved in the Iran war says is true, or has even remotely happened.
April 9, 2026
We hit an ignominious milestone recently when the national debt crossed $39 trillion. Naturally, regular citizens have chimed in about what’s to blame, who’s at fault, what can be done, or whether it even matters.
As anyone who’s consumed any news about this war knows well by now, the Strait of Hormuz is a major energy chokepoint, the Iranian government did exactly what they said they were going to do if Trump and Netanyahu ordered this attack and started blocking ships tied in...
The gold and silver prices surged yesterday while oil fell after a two-week ceasefire was announced between the U.S. and Iran. But the price action is reversing this afternoon, as Iran is saying that the U.S. already violated the terms of the agreement.
Two successful professionals—one a semi-retired entrepreneur, the other a top attorney—both had the intelligence and capital to manage their own investments. Yet both watched their portfolios suffer devastating losses, despite doing everything conventional wisdom told them to do...
April 8, 2026
After the second greatest breakout in its history in March 2024, Gold has entered its first meaningful correction. For many investors, pullbacks can feel uncomfortable, especially after strong gains. But in long-term bull markets, corrections are not only normal—they...
Iran is doing more to promote the petroyuan at the expense of the petrodollar than China has achieved so far. It is accelerating the dollar’s demise at its worst possible moment.
The financial markets, as well as the world, are simply left to wait and watch the clock as we approach U.S. President Donald Trump's deadline of tonight, where in regards to Iran, he has threatened that 'a whole civilization will die tonight.'
April 7, 2026
Are markets as wrong about oil and the war, as this analyst suggests? Perhaps, but what about… oil and gold? Sadly, mainstream media has painted a narrative where skyrocketing oil is deemed to be a sell signal for gold because “gold pays no interest” and “the Fed might...
It was a strong week for precious metals. The gains reflect that there is still positive sentiment toward owning gold, with investors waiting for some kind of resolution in the war with Iran. In general, investors stepped in to take advantage of prices that had been...
The yearly growth rate of the consumer price index (CPI) closed at 2.4 percent in February against a similar figure in January. In February 2025, the yearly growth rate stood at 2.8 percent. Note that, in June 2022, the yearly growth rate was 9.1 percent.
Washington has a habit of changing its budget goals — not because the country solved the spending-driven debt problem, but because each goal proved harder than lawmakers were willing to confront.
Africa’s wealthiest king wants to get wealthier. Naturally, he’s looking for more gold. Managem Group, a Moroccan mining company owned by the royal family, recently announced a $750 million investment to increase gold production by 134 percent.
While the oil futures are only up $2 today, the global oil shortages continue to spread around the globe, as the international price is spiking. But would you believe that the western media is generally sleeping through the whole thing while the canaries are dropping...
April 6, 2026
War is the ultimate government intervention. It is the excuse for all kinds of evils to be imposed on the governed. From confiscation through taxes and inflation to restriction of freedom of speech and the redirection and even nationalization of whole industries,...
In this latest clip, Matthew Piepenburg, Partner at VON GREYERZ, reflects on the longer-term trajectory of physical gold, setting aside the noise of current headlines and market volatility to focus on the broader realities of debt and currency debasement.
Here are today's videos and charts.
April 5, 2026
After an initial safe-haven boost at the onset of the Iran war, gold corrected and has behaved more like a risk asset. However, HSBC analysts say the de-dollarization trend still makes the yellow metal a good long-term investment.
One quarter (plus two days) of the 2026 trading year is in the books, replete with really record-setting Q1 volatility for Gold, price having settled its week on Thursday at 4703 as we above see.
Being Passover, and Easter week, trading this week ended on Thursday, with Friday a national holiday. It was a shortened trading week. Still, I think a key one, as last Friday in the BEV chart below, the Dow Jones closed at its current low of the move, with a BEV of...
April 4, 2026
Who says gold doesn’t grow on trees? OK, so it doesn’t. But there have been cases of gold discovered inside trees. In Australia, researchers have found minute traces of gold in the leaves of eucalyptus trees.
Gold sector cycle is UP. Trend is up for USD and down for gold & gold stocks. Counter trend rally in progress.
April 3, 2026
The violent gold-stock swings in these past couple months have been breathtaking. This wild sector crashed, soared to records, cratered, then surged again, whipsawing jarringly. But this tempestuousness looks to have paved the way for another nice run higher. ...
Today is about control. The dollar is fighting to hold key support and push higher, while gold is starting to show the first real signs of weakness after a bigger rebound. Nothing is confirmed yet, but the tension is building. And when markets look like this… the next...
In this episode of the Money Metals Midweek Memo, host Mike Maharrey opens with a stark thought experiment. He asks listeners whether they would lend money to a head of household earning $52,446 a year, spending $73,378, running a $20,932 annual deficit, and sitting on...
Despite sales by Turkey and Russia, net central bank gold buying was positive in February, rebounding from a tepid January. In total, central banks globally added a net 19 tonnes of gold to their reserves in February. That was up from just 5 tonnes in January.
April 2, 2026
The peace talks between Vietnam and the United States took many proposals, rounds of talks and ended with the Paris Peace Accord signed in 1973, nine years later. Huge swings have resulted from on-again, off-again, and then-on talks in the second month of the Iran war.