Why I Joined Monetary Metals

US Suffers Heavy Casualties In Iranian Strike On Saudi Base As Houthis Enter War With Missile Launches On Israel Summary Houthis enter the war: Houthis launch their first missile barrage on Israel since Operation Epic Fury. Red Sea shipping could once again be under direct threat. Serious US casualties in Saudi base assault: Iran fired six ballistic missiles and 29 drones at Saudi Arabia’s Prince Sultan air base in a Friday attack that wounded at least 15 troops: AP. Late-night strike targeted Bushehr Nuclear Power Plant (for third time of war). Gulf states under sustained fire,...

Goldman's State Of U.S. Consumer Outlook Gets More Grim Goldman consumer analysts Kate McShane and Bonnie Herzog cut their 2026 discretionary cash-inflow growth forecast for the second time this year, citing a worsening squeeze on U.S. households as slower disposable income growth collides with higher fuel prices at the pump. The revision points to a softening among cash-strapped consumers as the US-Iran conflict enters its third month. McShane and Herzog cut their 2026 U.S. discretionary cash inflow growth to 3.7% from the previous forecast of 4.2% in early April, as...

Gold Vs Bitcoin: Can Either Usurp The Dollar's Reign? Tonight at 7pm ET, wealth manager Peter Schiff will debate bitcoin investor Mark Moss on the future of hard assets and the global monetary system.  Since the start of the war in Iran, Bitcoin and gold have reversed roles. While BTC used to trade like a leveraged tech stock, tanking on any shaky geopolitical news, it surged since Trump started bombing. Gold meanwhile, briefly dropped into a technical bear market. Are traders anticipating a swift end to the war or has there been...