Wednesday, June 10, 2026

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Trump Pardons Ex-Congressman Convicted of Insider Trading

(Headline USA) President Donald Trump has issued a pardon to Stephen Buyer, a former Republican congressman from Indiana who served nearly two years in prison for making illegal stock trades based on inside information after he left office. Buyer was sentenced to 22 months in prison in 2023 for trades made...

Americans Increasingly Financing Groceries and Gas

(Mike Maharrey, Money Metals News Service) Americans have run their credit cards to the limit. Now they’ve turned to buy-now-pay-later plans to buy gas and groceries. This is yet more evidence that American consumers are broke, stressed, and buried in debt as inflation steals their purchasing power. Buy-now-pay-later (BNPL) platforms allow users...

RFK Jr.’s Daughter-in-Law is Tied to the CIA Gold Scandal

(Ken Silva, Headline USA) New details are pouring out about the former senior CIA official who was caught last month with some $40 million in gold bars that he had obtained from the government for unspecified “work-related expenses.” The Wall Street Journal published an article on Wednesday tying HHS Secretary Robert F....

Elon Musk to Become World’s 1st Trillionaire after SpaceX IPO

(Headline USA) SpaceX says it plans to raise up to $75 billion when it goes public this month, setting the stage for the largest-ever stock market debut and putting Elon Musk on course to becoming the world's first trillionaire. The company, formally known as Space Exploration Technologies Corp., said Wednesday it...

Facebook is Accused of Fostering Ethnic Enclaves at Headquarters

(José Niño, Headline USA) A terminated software engineer is accusing Facebook parent company Meta of allowing Chinese migrants to take over entire departments while American employees face systematic exclusion and layoffs, Neil Munro of Breitbart News reported. Jeremy Bernier, who graduated from Virginia Tech in 2012, lost his software engineering...

Florida Sues OpenAI and CEO Sam Altman, Claiming Company Concealed Serious Risks of ChatGPT

(Headline USA) The state of Florida filed a lawsuit against OpenAI and CEO Sam Altman on Monday, claiming the company knowingly released and aggressively marketed ChatGPT to the public while concealing serious risks. Florida Attorney General James Uthmeier said during a news conference that the company suppressed internal safety warnings...

Rate Hikes: The Right Medicine at the Wrong Time

(Mike Maharrey, Money Metals News Service) Interest on the national debt set a record last year, costing $1.2 trillion. That was up 7.3 percent over 2024. Through the first half of the current fiscal year, the federal government spent more on interest on the debt than it did on national defense ($558 billion) or Medicare ($590...

Anti-Trump Billionaire Responds to DOJ Criminal Probe

(Luis Cornelio, Headline USA) Liberal billionaire Reid Hoffman issued a seemingly panicked response to reports that the DOJ is investigating the nonprofit organization he used to bankroll E. Jean Carroll’s lawsuits against President Donald Trump. The reportedly wide-ranging probe centers on whether Carroll misled attorneys during the litigation about her knowledge...

The State of the American Consumer: Broke, Stressed, and Buried in Debt

(Mike Maharrey, Money Metals News Service) I often see mainstream headlines touting the resilience of the American consumer. These stories almost always refer to strong retail sales figures signaling Americans’ willingness to keep spending money. However, there is a dark side to this spending pattern that often goes unnoticed. There...

Malaysia Levies 10% Import Duty on Investment Gold

(Mike Maharrey, Money Metals News Service) Malaysia has joined India in hiking its import duty on gold. Traders and dealers in the Southeast Asian nation said officials have already started charging a 10 percent levy on certain gold bar shipments into the country. The move has reportedly disrupted bullion trade...

Maryland Reverses Course, Restores Sales Tax Exemption on Gold and Silver

(Sound Money Defense League, Money Metals News Service) Maryland Governor Wes Moore today signed a bill removing sales taxes from purchases of gold and silver, reversing course after a massive backlash over the past year from the public, precious metals dealers, and sound money experts. In a highly controversial move...

Sound Money: The Enemy of Big Government and a Friend to Liberty

(Mike Maharrey, Money Metals News Service) We talk a lot about sound money around here. Primarily, we focus on the financial impacts of unsound fiat currency on the American people. It steals their wealth and robs them of purchasing power. However, there is another pernicious aspect of fiat money that gets...
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