(Headline USA) A new lawsuit claims Anthropic, OpenAI, SpaceXAI and Google made an illegal deal to slow the pace of their respective AI development.
The lawsuit, which was filed Friday in the U.S. District Court for the Northern District of California, argues that the leading AI companies violated antitrust laws when...
(Mike Maharrey, Money Metals News Service) The Kevin Warsh-led Fed is all in on the inflation fight.
The question now is: how long will it last?
My guess is not very long.
As expected, the Federal Reserve nudged interest rates higher by 25 basis points.
More significantly, they forecast at least one more...
(Joshua D Glawson, Money Metals News Service) In 1883, Goldwin Smith gave an address, later published as False Hopes: Or, Fallacies Socialistic and Semi-Socialistic, Briefly Answered, taking on a number of the political and economic fallacies of his time. His remarks on inconvertible paper money are still worth considering today.
The names have...
(Headline USA) President Donald Trump said Monday that he would be a sufficient guardrail against rogue artificial intelligence, claiming that any efforts to limit the technology is part of a “SICK conspiracy.”
Trump was pushing back against calls by tech leaders such as Anthropic's Dario Amodei, OpenAI's Sam Altman and...
(Mike Maharrey, Money Metals News Service) The Consumer Price Index (CPI) data for August was generally in line with expectations. However, a slightly hotter-than-expected core CPI reading buoyed expectations of a rate hike at the Federal Reserve meeting in September.
Meanwhile, there is a lot more to the inflation story...
(Money Metals News Service) Economist Daniel Lacalle joined Mike Maharrey on the Money Metals Podcast to discuss the latest European Central Bank rate hike, the Federal Reserve’s upcoming September meeting, persistent inflation, sovereign debt, and what the environment means for gold and silver investors.
Daniel Lacalle, a professor at IE Business School in...
(José Niño, Headline USA) Independent journalist Ken Klippenstein set off a firestorm this week when he posted a clip of Hillary Clinton on X, captioning it "Hillary Clinton suggests October 7 was an inside job."
The clip features Clinton saying Israeli Prime Minister Benjamin Netanyahu "wanted to see what they...
(Thérèse Boudreaux, The Center Square) Eleven months into fiscal year 2026, the U.S. government has added $2 trillion to the national debt, borrowing $168 billion during August alone, the Congressional Budget Office estimates.
The federal government has collected $4.8 trillion and spent $6.8 trillion, generating a deficit already higher than...
(Andrew Rice, The Center Square) President Donald Trump said he would offer every eligible American adult a $5,000 “Trump Dividend” if Republicans maintain control of the U.S. House and Senate in the midterm elections.
“It’s $5,000 to every adult,” Trump told a crowd at the first-ever Republican midterm convention in...
(Brett Rowland, The Center Square) The U.S. Department of Homeland Security had a budget of about $31 billion in its first full year of operation. For 2027, the Trump administration wants $118 billion.
Created in 2003 in the wake of the Sept. 11, 2001, terror attacks by folding 22 agencies...
(Mike Maharrey, Money Metals News Service) Despite some analysts claiming it’s a relic of the past, a recent study found the gold-silver ratio remains a relevant technical indicator and is still useful for forecasting the silver market's trajectory.
The study was featured in the latest edition of the Silver Institute’s Silver News report, along...
(Mike Maharrey, Money Metals News Service) This is the perfect story that contrasts the value of real money – gold and silver – with the paper stuff your government tries to pass off as money.
A Dutch homeowner digging in his backyard found more than 40 pounds of 1,000-year-old silver....