Friday, October 31, 2025

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Why Exactly Is the Federal Reserve Cutting Rates?

(Mike Maharrey, Money Metals News Service) The Federal Reserve kicked off its October meeting today (Tuesday, Oct. 28). The central bank is expected to cut interest rates another quarter percent and could announce a timetable to end balance sheet reduction. But why? A lot of the people clamoring for looser monetary policy...

Navy Loses Two Aircraft from USS Nimitz Aircraft Carrier Within 30 Minutes

A fighter jet and a helicopter based off the aircraft carrier USS Nimitz both crashed into the South China Sea within 30 minutes of each other, the Navy's Pacific Fleet said.

Report: State and Local Governments’ Debt Topped $6.1 Trillion in 2023

State and local government debt surpassed $6.1 trillion in 2023, according to an analysis by Reason Foundation….

Indian Gold Demand Robust in September Despite High Prices

(Mike Maharrey, Money Metals News Service) Even with gold scaling record highs, Indian demand was robust in September as the festival season kicked off. India ranks as the world's second-largest gold market behind China. Gold has hit record highs 48 times this year in dollar terms. The yellow metal was up by...

Trump Wants to Meet Kim Jong-un On Asia Tour

As President Donald Trump headed to Malaysia on the first leg of his Asia tour, he told the media to “put out the word” that he would like to meet with North Korean Supreme Leader Kim Jong-un....

September CPI: Better Than Expected Doesn’t Mean Good

(Mike Maharrey, Money Metals News Service) The Bureau of Labor Statistics finally managed to get the September CPI data together. The mainstream broadly characterized it as a good report. It wasn’t. But it was better than forecast, and in our world of politicized government data, that was good enough. As CNBC...

Senate Dems Refuse to Return Epstein Cash While Demanding Document Release

Senate Democrats have failed to return donations from Jeffrey Epstein even as they pressure the Trump administration to release files tied to the federal investigation into Epstein’s crimes.

Trump Suspends Trade Talks with Canada Over Ronald Reagan Ad

President Donald Trump suspended all trade talks with America's largest trading partner over an ad that features former President Ronald Reagan speaking about tariffs in 1987.

Trump Pardons Binance Founder Changpeng Zhao

President Donald Trump on Thursday pardoned Binance founder Changpeng Zhao, who created the world’s largest cryptocurrency exchange and pled guilty in 2023 to enabling money laundering…

Why Precious Metals Are So Volatile Right Now

(Jesse Colombo, Money Metals News Service) Despite their well-earned reputations as stable assets and safe havens, gold and silver have become highly volatile in recent weeks, with sharp moves in both directions. This marks a significant change in behavior and has sparked widespread discussion across the financial world, particularly after last...

What’s Up With French Museums Getting Robbed?

(Mike Maharrey, Money Metals News Service) You might imagine that a museum would be a pretty safe place to keep stuff like gold, silver, and jewels. Not in France. Just hours after the theft of French crown jewels from the Louvre, workers discovered that a different band of thieves had made...

In the Blink of an Eye the National Debt Exceeds $38 Trillion

(Mike Maharrey, Money Metals News Service) Well, that was quick. Seventy-one days to be exact. That’s how long it took for the federal government to add another trillion dollars to the national debt. In August, the debt eclipsed $37 trillion for the first time. On Oct. 21, it blew passed $38...
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