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Wednesday, January 22, 2025

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MAHARREY: Getting a Little Costs a Lot!

(Mike Maharrey, Money Metals News Service) You spent more money in 2024 but didn't get very much more stuff. Retail sales rose 3.9 percent last year. Based on that number alone, you might think Americans consumed a lot more goods and services than they did the previous year. You might...

Walgreens Learns Criminals Belong Behind Bars, Not Toothpaste

(Julianna Frieman, Headline USA) A dip in sales finally made Walgreens acknowledge that it was shoplifters who belonged behind bars—not toothpaste, shaving cream or your daily multivitamin. Walgreens Boots Alliance CEO Tim Wentworth vowed to find another solution to retail theft after a Jan. 10 earnings report revealed his company saw...

Americans Shift Apps Amid TikTok Uncertainty in the U.S.

(Shirleen Guerra, The Center Square) As the debate over a potential Jan. 19 TikTok ban in the United States intensifies, millions of users are preemptively flocking to another Chinese-owned app, sparking fresh concerns over data privacy and national security. Meanwhile, lawmakers have urged a pause on the proposed ban to...

Gold-Backed Scholarship Program Awards $11,500 to Nine Students

(Jp Cortez, Money Metals News Service) Nine bright young scholars earned $11,500 to put towards the cost of college through a scholarship program promoting the sound money cause. The Sound Money Scholarship is an annual essay contest organized by Money Metals Exchange (the U.S. precious-metals dealer ranked “Best Overall”) and the Sound Money...

Color-Haired Dem Loses It After Musk Exposes Secret Wishlist in CR Bill

(Luis Cornelio, Headline USA) Rep. Rosa DeLauro, D-Conn., threw a temper tantrum on the House floor, railing against Elon Musk for persuading Republicans to abandon a funding bill plagued with several wish list items from the Democratic Party.  DeLauro, known for her signature purple-dyed haircut, aired her grievances during Thursday’s debate over...

Kerry Awards Himself Portrait after Squandering $32M as Climate Czar

(Luis Cornelio, Headline USA) The Biden administration gave itself a parting gift by awarding former climate czar John Kerry his official portrait celebrating his tenure as secretary of state under the Obama-Biden administration.  Secretary of State Antony Blinken unveiled the portrait during a lavish reception in the Department of State’s Ben...

Report: JP Morgan CEO Influencing Trump’s Agenda, Despite Previous Support for Democrats

(Ken Silva, Headline USA) The CEO of JPMorgan Chase, which last year agreed to pay $290 million to the victims of Jeffrey Epstein for banking the sex trafficker’s criminal enterprise, has been secretly communicating with Donald Trump for months and is influencing his impending policy agenda—despite his previous staunch opposition to Trump. Citing four...

Chinese Central Bank Just Secretly Bought 60 Tonnes of Gold

(Jan Nieuwenhuijs, Money Metals News Service) The People’s Bank of China (PBoC) is covertly buying very large amounts of gold, adding upward pressure to a tense gold market. An explosive cocktail of Western institutional investors and central banks in the East buying gold this year is making the gold price...

STUDY: AI Data Centers Could Drive Up Energy Costs by 70% over 10 Yrs

(Morgan Sweeney, The Center Square) The average American’s energy bill could increase from 25% to 70% in the next 10 years without intervention from policymakers, according to a recent study from Washington, D.C.-based think tank the Jack Kemp Foundation. According to reports, America is facing an energy crisis, with demand...

Preserve Your Bitcoin Gains With Precious Metals

(Mike Maharrey, Money Metals News Service) Bitcoin investors have enjoyed quite the windfall in the last month, with the price surging from $68,000 to over $99,000 Bitcoin is known for its rapid price gains, but it also has a history of quick and significant selloffs. How can you protect your...

Is Silver a Safe Haven Asset?

(Mike Maharrey, Money Metals News Service) We generally think of gold as a safe haven asset. But what about silver? Since the silver price tends to be more volatile than gold, and because more than half of silver demand comes from industrial use, you might not think of silver as a haven....

DNC Union Blasts Hypocritical Dem Leadership Over Mass Lay-Offs

(Headline USA) The union that represents staffers at the Democratic National Committee blasted the organization for firing employees en masse after Vice President Kamala Harris’s loss. The DNC Staff Union blasted the lay-offs as “shocking,” and blamed them on “callous and short-sighted mismanagement” by DNC leaders, according to Axios. “These cuts go...
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