Why I Joined Monetary Metals

Our own Jonathan Newman had the opportunity to sit down with a Federal Reserve governor. The central banker's answers to Newman's questions were evasive and riddled with contradictions. It seems there is not much behind the Fed's technocratic veneer.

Iranian Currency Hits All-Time Low As Tehran Threatens 'Unprecedented' Response To US 'Maritime Piracy' Via The Cradle Iran’s currency plummeted to a record low on Wednesday, dropping to 1.8 million against the dollar following the brutal US-Israeli war, coinciding with uncertainty over the fragile truce and rising energy prices worldwide.  The currency began a sharp descent two days ago after several weeks of artificial stability. During the initial weeks of the US-Israeli war on the Islamic Republic – which broke out on February 28 – the rial remained relatively steady, largely due to a total...

US Secretary of War Pete Hegseth on Thursday started a press briefing by threatening that the US was “locked and loaded” and ready to destroy Iran’s energy infrastructure if the US-Israeli war against Iran restarts. “We are locked and loaded on your critical dual-use infrastructure, on your remaining power generation, and on your energy industry,” […]