(Mike Maharrey, Money Metals News Service) Gold has dropped more than 11 percent from its all-time high of just over $5,102 an ounce in January, and selling pressure continues to dominate the market. A well-established mainstream narrative is driving the bearish sentiment. However, while seemingly plausible on the surface,...
(Lauren Jessop, The Center Square) Data center developers are increasingly targeting agricultural land for new projects, and residents in affected communities are mounting opposition, concerned about the industrialization of their farmland.
At the same time, Gov. Josh Shapiro’s administration is pursuing two priorities that can be difficult to balance: attracting...
(Headline USA) The Trump business behind Truth Social is replacing a former congressman and big supporter of the U.S. president as the leader of the social media platform after a stock collapse that wiped out billions in investor wealth.
Devin Nunes, a former California congressmen in Donald Trump's first term,...
(Headline USA) President Donald Trump called off a signing ceremony Thursday for a new order on artificial intelligence because he worried it could dull America’s edge on AI technology.
Trump said he was postponing the signing because he did not like what he saw in the order’s text. He announced...
(Money Metals News Service) U.S. Senators Jim Risch (R-ID) and Catherine Cortez Masto (D-NV) today introduced the bipartisan “System Integrity through Licensed Vault Expansion and Resilience Act” (SILVER Act), designed to derisk, modernize, and strengthen America’s precious metals market infrastructure by encouraging greater geographic diversification of approved precious metals...
(Mike Maharrey, Money Metals News Service) There is a lot of talk about whether the Federal Reserve should raise interest rates, but in fact, the market is hiking rates with or without central bank cooperation.
Treasury yields have crept relentlessly higher over the last several months, signaling significant stress in...
(Mike Maharrey, Money Metals News Service) A new Hong Kong-based gold-clearing system will launch in July as part of the Chinese Special Administrative Region’s (HKSAR) push to become a global gold trading hub.
Western markets – London, New York, and Switzerland – have dominated the gold trade for nearly two...
(Headline USA) Kamala Harris “wrote off rural America" during the 2024 presidential campaign and failed to attack Donald Trump with sufficient “negative firepower," according to a long-awaited post-election autopsy released on Thursday by the Democratic National Committee.
The committee's chair, Ken Martin, shared the 192-page report only after facing intense...
(Money Metals News Service) Mike Maharrey opened this Midweek Memo with a different format: an unscripted “Ask Mike Anything” episode recorded ahead of travel. Instead of a prepared monologue, he answered listener questions on sound money, precious metals, inflation, AI, Federal Reserve policy, and even his longevity as a...
(Michael Carroll, The Center Square) Six former Spirit Airlines employees, including five Florida residents, have filed a class-action lawsuit alleging that the Florida company’s worker layoffs violate a federal law mandating a 60-day notice prior to such terminations.
The laid-off employees filed the litigation May 12 in the federal bankruptcy...
(Thérèse Boudreaux, The Center Square) In a remarkable rebuke of the Trump administration's mission against Iran, the U.S. Senate narrowly advanced a War Powers Resolution when a handful of Republicans joined Democrats in a 50-47 vote.
Sens. Rand Paul, R-Ky.; Susan Collins, R-Maine; Lisa Murkowski, R-Alaska; and Bill Cassidy, R-La.,...
(Alan Wooten, The Center Square) Five-year plans for American roads, bridges, transit, rail transportation, and highway and motor carrier safety programs reaches an 18-month crescendo Thursday with a committee markup of the $580 billion BUILD America 250 Act.
Introduced by Reps. Sam Graves, R-Mo., and Rick Larsen, D-Wash., and three...