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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...

Trump Officials Propose New Requirements for Food Additives and Ingredients

(Headline USA) U.S. health officials on Monday proposed a rule change that would require food manufacturers to notify regulators before introducing new ingredients or additives into processed or packaged foods. The proposal would change a decades-old policy that advocates have called a regulatory loophole, blaming it for allowing thousands of...

Kellogg to Remove Artificial Dyes From Cereals by Year’s End

(Headline USA) WK Kellogg said Thursday that it will remove artificial colors from all its cereals by the end of this year. The change comes a year ahead of schedule. Kellogg said last August that it would remove synthetic dyes from its cereals by the end of 2027. But the company said...

Senate Passes Government Funding Stopgap, Leaves Town

(Thérèse Boudreaux, The Center Square) After days of drawn-out negotiations, the U.S. Senate overwhelmingly passed a short-term government funding stopgap early Saturday morning. Both chambers of Congress now leave for the entire month of August. The House must approve the Senate’s continuing resolution when it returns before President Donald Trump...

No! We’re Not Going to Get Rich Mining Asteroid Gold

(Mike Maharrey, Money Metals News Service) There is an unimaginable fortune floating between 150 and 400 million miles from Earth. It’s an asteroid named Psyche. Some people think we can solve global poverty by mining this space gold and other precious metals. We can’t. Scientists believe this 144-mile-long floating space rock contains large...
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