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David Morgan: Gold Is Winning the Battle for Monetary Trust

(Money Metals News Service) Gold and silver have pushed decisively higher, but veteran precious metals analyst David Morgan believes the bigger story goes far beyond the latest price move. Speaking with Money Metals podcast host Mike Maharrey, Morgan, publisher of The Morgan Report, argued that investors are witnessing a growing contest between precious...

Trump Says He’s Launching the ‘Most Crushing Economic Operation Ever’ Against Iran

(Dave DeCamp, Antiwar.com) President Donald Trump on Wednesday night said that he was launching what he described as the “most crushing economic operation ever’ against Iran and threatened the economies of any countries that do business with the Islamic Republic. “No one has given the Islamic Republic of Iran a...

The $40 Trillion National Debt in Perspective

(Mike Maharrey, Money Metals News Service) 154 days. That’s how long it took the Trump administration to add another $1 trillion to the national debt. As of August 18, the national debt stood at $40,047,425,768,420.22. Let’s try to put the debt into some perspective. Over the last 22 weeks, the federal government has...

US Military Awards Raytheon w/ $22.9 Billion Contract To Ramp Up Missile Production

(Dave DeCamp, Antiwar.com) Raytheon has landed a massive $22.9 billion contract with the US military to dramatically ramp up the production of Tomahawk missiles, as US arms makers continue to cash in on the US-Israeli war against Iran. The US fired over 1,000 Tomahawk missiles into Iran during the conflict,...

Four Reasons Central Banks Are Piling Up Gold

(Mike Maharrey, Money Metals News Service) Central bank gold buying was one of the pillars supporting the gold bull market last year, and it has continued to bolster the market even as it faced significant headwinds due to expectations of a higher interest rate environment. But why are central banks...

Ohio Man Pleads Guilty to ‘Largest Healthcare Fraud Case’

(David Beasley, The Center Square) An Ohio man pleaded guilty to his involvement to what the U.S. Department of Justice is calling the largest healthcare fraud case ever prosecuted. Eldar Zarbavel, 45 of Pepper Pike, Ohio, laundered $3.4 million in “illicit healthcare fraud” proceeds through multiple regional banks, the Justice...

Sports Betting the Newest Gen Z Investment Strategy in the War Against Inflation

(Mike Maharrey, Money Metals News Service) Let’s imagine I save enough money to buy a car for my kid. However, he’s only 13, so he won’t be driving for a few years. In a sane world, I could just stick the money under my mattress and buy a car in...

Forbes Editor Out; Report Says He Took $6M From Founder of Firm that Does Business with Magazine

(Headline USA) The top editor of Forbes left his job last month and was reportedly dismissed for accepting $6 million from the founder of a firm that does business with the magazine. The New York Times reported this week that Randall Lane was paid by RJ Shook, whose company, Shook...

Report: International Visa Holders Purchased More Homes in Texas Last Year

(Bethany Blankley, The Center Square) More international buyers – and those in the U.S. on visas, purchased more homes in Texas last year than the previous year. International buyers bought about 7,780 Texas homes from April 2025 to March 2026, up from 7,500 the year before, according to the 2026...

Billionaire Bill Gates’ Heir Faces Accusations of Potentially Unlawful Plot

(Luis Cornelio, Headline USA) The daughter of billionaire Bill Gates is facing scrutiny over accusations that she knew about and pushed for an alleged money-making scheme at her start-up company. Phoebe Gates, along with her friend Sophia Kianni, is the co-founder of Phia, an e-commerce company that helps users find products...

Dollar Dominance Is Cracking and the Fort Knox Gold Question Won’t Go Away

(Money Metals News Service) Money Metals Midweek Memo host Mike Maharrey opened this week’s episode with an old-fashioned banking analogy: Imagine somebody repeatedly claiming to have $100,000 in the bank but refusing to produce a statement or even balance the checkbook. The money might be there, but without verification,...

Sen. Rand Paul Becomes a Pawn in Fort Knox Gold Audit Debate

(Mike Maharrey, Money Metals News Service) Sen. Rand Paul has become Treasury Secretary Scott Bessent’s pawn. A few weeks ago, Bessent insisted all the gold is in the vaults at Fort Knox. "I haven't. People on my staff have. The treasurer has been to Fort Knox, and I'm happy to say...
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