Thursday, June 5, 2025

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DC Mayor Bowser Faces Ethics Complaint over $62K Foreign Trip

(Luis Cornelio, Headline USA) Did the anti-Trump DC mayor break the law by accepting gifts and free travel from a foreign government? A watchdog group just filed an ethics complaint on this matter.  The Foundation for Accountability and Civic Trust filed a complaint Tuesday with the Board of Ethics and Government...

Central Banks Added More Gold in April Despite Record Prices

(Mike Maharrey, Money Metals News Service) Central bank gold buying moderated in April, as the gold price hit record levels. Globally, central banks officially added a net 12 tonnes of gold to their reserves in April, according to the latest data compiled by the World Gold Council. This was 12...

What’s Next for U.S. Steel After $14B Merger?

(Lauren Jessop, The Center Square) What’s next for U.S. Steel after its $14 billion merger? It’s either the golden age or a clever mirage, depending on who gets asked. That’s because the final details, while still scant, don’t satisfy critics about the iconic Pittsburgh company’s new partnership with Japanese-owned Nippon...

The Debt Spiral, Gold’s Rise, and the Dollar’s Fall

(Money Metals News Service) Veteran market analyst Greg Weldon joined Money Metals' Mike Maharrey for a sweeping conversation about the fragile state of the global financial system.  From runaway debt and stressed bond markets to gold, silver, and digital assets, Weldon delivered a no-nonsense warning: the clock is ticking. (Interview Starts...

Appeals Court Stays Bombshell Tariff Ruling

(Brett Rowland, The Center Square) The U.S. Department of Justice filed an emergency motion Thursday asking an appeals court to pause a lower court ruling that ordered President Donald Trump to unwind most of his tariffs within 10 days. The court granted that motion Thursday afternoon. An attorney for the Liberty...

Economist Thorsten Polliet: Gold Is an Asset Investors Need to Own

(Mike Maharrey, Money Metals News Service) Trade policy and tariff news are driving the markets daily, but economist Thorsten Polliet says there are deeper economic risks in play that investors should consider. “In this environment, as risks build, gold is an asset investors need to own.” Polliet serves as an Honorary...

Physics Meets Finance: Theoretical Consequences of Man-Made Gold

(Peter C. Earle, Money Metals News Service) In a remarkable feat of modern physics, scientists at the Large Hadron Collider have managed to recreate one of humanity’s oldest fantasies: turning lead into gold. By smashing lead atoms together at near-light speeds, the resulting collisions generate immense heat and energy — conditions...

Senators Worry About Spending, Debt Increase in Trump’s ‘Big, Beautiful Bill’

(Thérèse Boudreaux, The Center Square) Republicans’ behemoth budget reconciliation bill still faces major hurdles after passing the U.S. House last week, with multiple senators raising concerns about the legislation’s cost. The One Big Beautiful Bill Act in its current form hikes the debt ceiling by $4 trillion and funds large...

Native Amazon Tribe Sues New York Times for Depicting Its Members as Porn Addicts

(Headline USA) An Indigenous tribe from the Brazilian Amazon has sued The New York Times, saying the newspaper's reporting on the tribe's first exposure to the internet led to its members being widely portrayed as technology-addled and addicted to pornography. The Marubo Tribe of the Javari Valley, a sovereign community of...

Stocks Slump After Trump Raises Tensions With EU Tariff Threats

(Brett Rowland, The Center Square)  U.S. markets declined Friday after President Donald Trump threatened a fresh wave of tariffs on imports from the European Union and on smartphones. The Dow fell 256.02 points, down 0.61%, while the S&P 500 dropped 39.19 points, or 0.67%. The tech-heavy Nasdaq fell 188.53 points,...

Silver Institute: Silver Demand Surges Despite Market Headwinds

(Money Metals News Service) Amid rising geopolitical tensions, shifting energy policies, and ongoing economic uncertainty, silver remains a vital yet often underappreciated metal. In a recent episode of the Money Metals Podcast, host Mike Maharrey spoke with Michael DiRienzo, President and CEO of the Silver Institute, to break down key insights from the...

WaPo Tries to Blame DOGE for Bureaucrats’ Pre-Existing Mental Health Woes

(Luis Cornelio, Headline USA) The leftist Washington Post claimed Wednesday that President Donald Trump’s Department of Government Efficiency's spending cuts drove dozens of bureaucrats to “panic attacks,” “depression” and even “suicidal thoughts.” However, their own reporting undercuts that narrative.  In its puff piece, The Post highlighted 30 current and former federal workers...
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