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(Headline USA) Billionaire Leon Black on Wednesday filed a federal defamation lawsuit against California Rep. Robert Garcia for public comments the Democratic congressman made tying him to disgraced financier and sex criminal Jeffrey Epstein. The court filing comes less than two months after the House approved a resolution holding Black in...

(Mike Maharrey, Money Metals News Service) At its core, silver is a monetary metal; however, it has extensive industrial applications. Technology and industrial applications account for about 60 percent of silver’s annual demand. Silver has the highest electrical conductivity of any metal at room temperature. It also boasts the highest...

(Ááron Sepúlveda-Cué, Money Metals News Service) “Prices are information wrapped inside an incentive.” ~ Alex Tabarrok, Economics PhD Monetary systems convey information about priorities, scarcity, preferences, and trust among individuals and societies. Money is more than a generally accepted medium of exchange. It serves not merely as the primary payment asset...

(Tom Joyce, The Center Square) President Donald Trump recently shared a video that showed an advertisement for Kalshi in the background. Kalshi is a prediction market whose traders are betting on him being impeached once again. A television aboard Air Force One displayed Kalshi branding in the video Trump shared on...

(Mike Maharrey, Money Metals News Service) The Fed hit the pause button at its October meeting despite elevated inflation and gave little indication about what comes next. Federal Reserve Chairman Kevin Warsh also announced that the Fed will hold fewer rate-setting meetings in the future. Fed Does Little, Says Less The Federal...

(Dave DeCamp, Antiwar.com) The Pentagon’s estimate for the cost of the Iran war is now over $47 billion, 25% higher than its estimate from July, according to data obtained by Reuters, though the true cost of the conflict is significantly higher since the US War Department’s numbers leave out...

(Headline USA) Artificial intelligence giant Anthropic filed papers Monday for what could be the biggest initial public offering of stock ever even as its top executive warns that advanced AI could pose an existential threat to humanity. The filing sets up the San Francisco company for a Wall Street debut...

(Ben Seevers, Money Metals News Service) It is becoming more common for those on the right to be skeptical or downright hostile to free markets. Since President Trump entered the political scene over a decade ago, conservatives have increasingly abandoned free market principles. The same is true for the religious...

(Mike Maharrey, Money Metals News Service) Need a gift that stands the test of time? Get gold! Gold stud earrings are always a good choice. They are beautiful, classic, and will last, well, forever! Or at least a really long time. How long have people been getting gold earrings as gifts? At least...

(Mike Maharrey, Money Metals News Service) What happens when you run massive budget deficits year after year and make no effort to rein in borrowing and spending? People stop lending you money. We’re starting to see the impacts of the United States’ fiscal malfeasance in a struggling bond market. The federal government...

(Headline USA) Police in California are investigating the theft of trading cards worth at least $963,000 that were taken from a FedEx truck parked outside of a company that verifies memorabilia. The truck was broken into on Oct. 13 near Professional Sports Authenticator, also known as PSA, which authenticates trading cards,...

(Mike Maharrey, Money Metals News Service) I ran across a glaring example of mainstream media bias that I want to highlight for you. Accusations of “fake news” are often overplayed. However, mainstream media bias is a thing, and you should be aware of it, even in financial news reporting. On Friday,...