Saturday, November 8, 2025

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Technical Analysis: Here’s Where Gold & Silver Stand

(Jesse Colombo, Money Metals News Service) Gold and silver are currently consolidating in a healthy manner, which is likely laying the groundwork for their next leg higher. I’m encouraged to see them consolidating in a healthy manner, which I believe is ultimately laying the groundwork for the next leg of the...

Dem. Lawmaker Charged with Spending COVID Relief Money on B-Day Party

(Luis Cornelio, Headline USA) A Democratic lawmaker in North Carolina was indicted for allegedly scheming to use COVID-19 relief funds to bankroll her lavish lifestyle, including a horse-drawn carriage at her birthday party.  Charlotte City Council member Tiawana Brown is accused of obtaining $124,165 in pandemic aid through fraudulent applications between April 2020...

Biden-Era Kennedy Center Execs Accused of Falsifying Financial Records

(Luis Cornelio, Headline USA) The Kennedy Center under the Biden administration allegedly fabricated financial records to show several million dollars in revenue, the Daily Wire reported Friday.  Newly installed president Richard Grenell told the board the center was $26 million in debt due to “phantom” and “fake revenue.”  “It’s criminal. We’re going...

Trump Threatens 50% Tariffs on EU, 25% Tariffs on iPhones

(Brett Rowland, The Center Square) President Donald Trump threatened fresh tariffs on the European Union and iPhone maker Apple on Friday, prompting a sell-off on Wall Street.  Trump said trade talks with the European Union, which represents 27 nations, are "going nowhere." The president said he was recommending a 50%...

Chinese Gold Imports Surge as Demand Continues to Grow

(Mike Maharrey, Money Metals News Service) Chinese gold imports hit an 11-month high in April as prices continued to surge to record levels. According to the latest customs data reported by Bloomberg, gold imports reached 127.5 tonnes, a 73 percent increase from the prior month. This comes in the wake of the People's...

Foreigner Extradited to America and Sentenced for USAID Fraud in Pakistan

(Ken Silva, Headline USA) The Justice Department announced Monday that Stephen Paul Edmund Sutton, 53, a United Kingdom citizen, pleaded guilty and was sentenced for his participation in a fraud scheme. Sutton is presumably already back on a plane to the UK. He was extradited to the U.S. and sentenced...

Arkansas and Other States Rally Behind Israel with Record-Breaking Bond Purchases

(José Niño, Headline USA) The Arkansas state government has thrown its weight behind Israel, investing millions and reinforcing a growing trend among U.S. states. Gov. Sarah Huckabee Sanders, R-AR, announced a plan to invest up to $50 million in Israel Bonds in the middle of May. According to the Arkansas...

Biotechnology Company Regeneron Buying 23andMe for $256 Million

(Headline USA) Biotechnology company Regeneron Pharmaceuticals is buying 23andMe for $256 million, two months after the genetic testing company filed for Chapter 11 bankruptcy protection. In March 23andMe said that it was looking to sell “substantially all of its assets” through a court-approved reorganization plan. Its co-founder and CEO Anne...

Gold Demand Surges: A Global Breakdown with the World Gold Council

(Money Metals News Service) Gold demand soared in the first quarter of 2025, hitting its highest Q1 level since 2016. To explain what’s driving the trend, Mike Maharrey spoke with Juan Carlos Artigas, global head of research at the World Gold Council. Artigas offered key insights from their latest Gold Demand...

Founder of Ukraine-Linked USAID Contractor Busted for Massive Bribery Scheme

(Ken Silva, Headline USA) The founder of a government contracting firm has pled guilty to bribing a USAID officer to receive some $500 million in contracts. The USAID officer he bribed pled guilty, too. The government contractor, Walter Barnes, is the founder of PM Consulting Group, which now goes by...

What Is the Current Inflation Situation?

(Mike Maharrey, Money Metals News Service) What is the current inflation situation? If you just go by the CPI, things are looking pretty good. We got a better-than-expected “inflation” report for the third straight month. Prices rose 2.3 percent on an annual basis in April, the lowest rate since February...

Newsom Calls for Ending New Medi-Cal Enrollments for Adult Illegal Immigrants

(Dave Mason, The Center Square) California Gov. Gavin Newsom on Wednesday called for an end to new enrollments of adult illegal immigrants in Medi-Cal to save more than $5 billion. The proposal by the governor, who's viewed as a potential Democratic presidential candidate in 2028, is a reversal of his...
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