Monday, March 23, 2026

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Incentives Matter: Tax Edition

(Mike Maharrey, Money Metals News Service) Here’s an economic truth you’d be wise to remember. Incentives matter. You may not like the way people respond to the incentives created by your program or policy, but you darn sure better take them into account. Most people don’t. They tout the easily identifiable perceived benefits...

As Oil Hits $120 a Barrel, Damage to Energy Industry is Done, Energy Insiders Say

(Bethany Blankley, The Center Square) As conflict in Iran escalates, Middle Eastern refineries have been hit and the Strait of Hormuz remains compromised, and oil futures hit $120 a barrel. Physical cargos of crude from Oman and the UAE have already hit $150 a barrel for May delivery. Prices at...

Gold, the Federal Reserve, and a Catch-22

(Mike Maharrey, Money Metals News Service) If you know inflation is going to increase, would you sell your inflation hedge? Me neither. That would be dumb, right? However, that’s what a lot of people did yesterday (Wednesday, March 18), and they're still doing it this morning. This hints at the Catch-22...

More Than 200 US Troops Have Been Injured in Iran War

(Dave DeCamp, Antiwar.com) More than 200 US troops have been wounded in the Middle East since the US and Israel launched the war with Iran on February 28, a US Central Command spokesman said on Monday, as the conflict continues to rage across the region. CENTCOM spokesman Capt. Tim Hawkins...

U.S. Government Debt Black Hole Got Bigger in February

(Mike Maharrey, Money Metals News Service) I could almost put this story on a monthly repeat. The federal government ran another big budget deficit in February, as the national debt nudges close to $39 trillion. According to the Monthly Treasury Statement, the Trump administration spent $307.5 billion more than it took...

A Comedy or a Tragedy? Treasure Hunter Freed from Prison

(Mike Maharrey, Money Metals News Service) He was sentenced to 2 years in prison. He served 10. Why? Because he either got royally screwed by the system, or he has epic-level self-discipline. Tommy G. Thompson is the main character in a story that is either a comedy or a tragedy. And we’ll probably never...

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...
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