Tuesday, March 17, 2026

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Forbes: A Record 989 Billionaires Are in the U.S., 88 Are in Texas

(Bethany Blankley, The Center Square) The U.S. has the most billionaires in the world – a record 989 with a combined fortune of $8.4 trillion. Eighty-eight of them are in Texas, including the world’s richest man, Elon Musk, who ranks first on Forbes’ new billionaire list. His net worth of...

After a Holiday Surge, Consumer Borrowing Slowed in January Signaling Continued Consumer Stress

(Mike Maharrey, Money Metals News Service) Americans spent a lot of money on Christmas, and they put most of it on credit cards. Now, it appears consumers have put the plastic back in their wallets. Consumer debt grew at a much slower pace in January, returning to the pre-holiday trend...

Report: Hospital Drug Prices Can Vary Up to 2,000X Across Country

(Andrew Rice, The Center Square) The price for the same prescription drug in different hospitals nationwide could have more than a $10,000 difference, according to a new report. A report from 3 Axis Advisors used publicly available hospital data to analyze the cost differential between the same generic prescription drugs...

Feds Nab More Guatemalan Human Smugglers, This Time in Idaho

(Bethany Blankley, The Center Square) Federal agents continue to arrest Guatemalans involved in human smuggling and trafficking operations, including of children, who are also involved in violating federal labor laws. The latest arrest was of Guatemalan national Brayan Adiel Gramajo Reyes, who was indicted by a federal grand jury in...

Federal Deficit Totaled $1 Trillion in Beginning of FY2026, CBO Says

(Andrew Rice, The Center Square) The United States federal budget deficit totaled $1 trillion in the first five months of fiscal year 2026, according to the Congressional Budget Office. The latest federal deficit estimate is $142 billion less than the deficit from this time in the previous fiscal year. The...

Silver Demand Expected to Outstrip Supply and Other Silver News

(Mike Maharrey, Money Metals News Service) The global silver market is expected to run another structural deficit in 2026 as silver investment remains strong. This was one of several articles featured in the Silver Institute’s most recent Silver News report. According to the Silver Institute, the underlying factors that drove silver to over...

War in Iran Shocks Markets, Costs U.S. Taxpayers $1 Billion a Day

(Brett Rowland, The Center Square) The escalating war in Iran has already rattled global markets and driven oil prices to their highest levels since April 2024. If the conflict persists, the strain on the global economy deepens and the burden on U.S. taxpayers grows. With U.S. military operations costing more...

Why Gold Keeps Beating the Dollar and Euro

(Money Metals News Service) Money Metals podcast host Mike Maharrey recently spoke with Mark O’Byrne, founder of Tara Coins and a longtime authority on precious metals. Their conversation covered everything from the cultural symbolism behind O’Byrne’s Irish bullion coins to the deeper historical role of gold and silver as money. The...

ETFs Added More Gold in February Despite Recent Price Correction

(Mike Maharrey, Money Metals News Service) The big gold selloff in January didn’t seem to deter investment demand. Despite the big correction in the gold price, metal continued to flow into ETFs last month. ETF gold holdings rose to an all-time high in January, and gold-backed funds continued to add to their...

Why Dead People Might Be Better Investors Than You

(Mike Maharrey, Money Metals News Service) Don’t just do something; stand there! Turns out this might be a pretty good investment strategy. Research conducted by Dalbar, Fidelity, and Vanguard reveals that dead people tend to be better investors than the living. Now, I’m not suggesting suicide here. But you can adopt...

South Korean Central Bank Plans to Invest in Gold ETFs

(Mike Maharrey, Money Metals News Service) South Korea plans to boost its gold holdings for the first time since 2013. However, it will take an unusual approach. According to an announcement, the Bank of Korea will incorporate overseas-listed gold ETFs into its foreign reserve portfolio. Bank of Korea official Heung-Soon...

White House Expected To Ask Congress for Extra $50 Billion for Iran War

(Dave DeCamp, Antiwar.com) The White House is expected to ask Congress for an extra $50 billion in military spending to replenish stockpiles of weapons used in the Iran war and other recent Middle East conflicts, Reuters has reported. Sources told Reuters that Deputy Secretary of War Steve Feinberg has been...
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