(Mike Maharrey, Money Metals News Service) German officials are once again calling for the country’s central bank to bring its gold home.
Germany owns the second-largest gold reserves in the world at 3,352 tonnes. About 1,200 tonnes valued at around €164 billion ($194 billion) are stored at the Federal Reserve...
(José Niño, Headline USA) In this Headline Geopolitics episode, José Niño is joined by David Miller, investigative researcher and host of Palestine Declassified. Miller recounts how he was fired from the University of Bristol over anti-Zionist views, then won in court, setting a potential legal precedent protecting political dissent...
(Headline USA) President Donald Trump sued banking giant JPMorgan Chase and its CEO Jamie Dimon for $5 billion on Thursday over allegations that JPMorgan stopped providing banking services to him and his businesses for political reasons after he left office in January 2021.
The lawsuit, filed in Miami-Dade County court in...
(Money Metals News Service) Mike Maharrey opens the Money Metals Midweek Memo with a mindset for chaotic times. He borrows from the famous keep calm & carry on message that originated as a British government propaganda campaign in 1939 during World War II. His point is modern and simple. Stay grounded...
(Mark Stricherz, The Center Square) Since 2020, fraudsters have scammed at least $36 billion and as much as $3 trillion in tax money from federal entitlement programs, dwarfing the amount federal prosecutors claim was stolen in Minnesota's federal food aid scandal known as Feeding Our Future, an investigation by...
(Mike Maharrey, Money Metals News Service) While many Western investors still lack exposure to precious metals, a Hong Kong billionaire has allocated a quarter of his wealth to gold and advises others to do the same.
Bloomberg described Cheah Cheng Hye as “the face of value investing” in Asia. Hye built...
The U.S. Supreme Court will hear arguments on Wednesday to decide whether President Donald Trump can fire Lisa Cook, a member of the Federal Reserve Board of Governors
(Luis Cornelio, Headline USA) Elon Musk’s artificial intelligence company countersued one of his baby mothers Thursday after she accused the platform of enabling sexualized AI-generated images of her.
Filed Thursday in federal court in Texas, the lawsuit came after Ashley St. Clair sued xAI in New York, claiming social media users exploited the...
(Ken Silva, Headline USA) When Federal Reserve Char Jerome Powell announced Sunday that the Justice Department had served the central bank with subpoenas, he portrayed the DOJ’s actions as a “threat” intended to undermine the Fed’s independence when it comes to setting interest rates.
But according to the Washington Post, the DOJ’s...
(Mike Maharrey, Money Metals News Service) Despite the influx of tariff revenue, the federal government continues to run a massive budget deficit.
The December budget shortfall came in at $144.75 billion, a record for the month. That was 68 percent higher than December 2024.
However, looking at just one month gives...
(Dave DeCamp, Antiwar.com) The US is pulling some troops from several of its bases in the Middle East, as European officials told Reuters on Wednesday evening that a US attack on Iran could come within the next 24 hours. The US pulled forces from bases in the region before...
(J.D. Davidson, The Center Square) While fraud investigations surrounding millions of taxpayer dollars and day cares in Minnesota continue, the Trump administration ended temporary protection status for Somalis.
The status change is expected to impact the nearly 2,500 Somalis living in the United States under TPS and another 1,400 with...