Wednesday, December 31, 2025

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China Launches Major Military Drills Encircling Taiwan in Response to US Arms Sales

Chinese Foreign Ministry spokesman Lin Jian was asked at his daily press briefing if the US arms sales were the trigger for the drills

Donald Trump Doubles Down on Greenland Demand Despite European Outrage

Trump announced at his Mar-a-Lago residence that his interest extends beyond the island's rare minerals and mining opportunities

FBI to Scrap $5 Billion Move, Patel Says

(Andrew Rice, The Center Square) FBI boss Kash Patel announced on Friday the agency scrapped a $5 billion plan to build a new headquarters. The FBI will permanently shut down the J. Edgar Hoover building in Washington D.C., and move into the Reagan building near the White House. "After more than...

Flood Threat Looms Over California

(Headline USA)  A strong storm system that brought relentless winds, rain and snowfall to California this week was expected to ease Friday, but there was still a risk of high surf along the coast, flash flooding near Los Angeles and avalanches in the Sierra Nevada. Waves near the San Francisco...

WATCH: Report: Americans are Still Paying Off Credit Debt from Last Christmas

(Carleen Johnson, The Center Square) If your last-minute Christmas shopping requires a credit card, you are not alone. According to a new WalletHub report, many Americans are still paying off credit card debt from last Christmas. “What we found is that through the end of the third quarter 2025, we're sitting...

Christmas Eve Eve Gold Rush: $4,500 Gold, $70 Silver, and a New Monetary Regime

(Money Metals News Service) Mike Maharrey kicks off this Money Metals Midweek Memo a day early, calling it a “Christmas Eve Eve” episode and warning up front that it will be shorter and more informal. But even in holiday mode, he says he can’t ignore what’s happening in metals right now, because...

Rep. Corey Mills Sold Grenades to Ukraine While Denouncing Corruption There

(José Niño, Headline USA) While publicly denouncing military aid to Ukraine as corrupt, Rep. Cory Mills, R-Fla., was privately selling millions of dollars in grenades to a Ukrainian government firm now under investigation, according to an explosive investigation by journalist Roger Sollenberger.  Mills has emerged as a leading voice against...

Report: Biden-Harris Received $613 Million in Dark Money Last Year

(Ken Silva, Headline USA) Nearly $900 million in secretive donations funded the 2024 presidential election, with the majority of that “dark money” going to the Democrats’ Kamala Harris campaign, according to the New York Times. The Times reported Wednesday that Future Forward USA Action, the super PAC backing Joseph Biden...

Is the Gold Market a Bubble? Or Is Something Else Going On?

(Mike Maharrey, Money Metals News Service) Gold is up over 109 percent since the beginning of 2024. Some analysts say that the yellow metal is in a bubble destined to pop. However, there is another possibility. What if the meteoric rise in the price of gold is signaling a paradigm...

Somalians Stole BILLIONS of Dollars from Welfare Programs in Minnesota, DOJ Says

(Headline USA) Half or more of the roughly $18 billion in federal funds that supported 14 Minnesota-run programs since 2018 may have been stolen, a federal prosecutor said Thursday, describing the massive and multilayered fraud schemes as staggering. While prosecutors typically see fraud manifest as providers overbilling, Thompson said during a...

Federal Budget Deficit Narrowed in November Thanks to Tariffs But Large Spending Gap Persists

(Mike Maharrey, Money Metals News Service) Good news! The federal budget deficit shrank substantially in November. Bad news! Uncle Sam still ran a significant budget shortfall in November, despite a massive surge in tariff revenue. The November deficit came in at $173.28 billion. Through the first two months of fiscal 2026 (Oct-Nov),...

Falling Prices Are Bad For You??

(Mike Maharrey, Money Metals News Service) Price inflation has slowed, but that doesn’t mean prices are coming down. They just aren’t rising quite as fast as they were. Price inflation is by design. Remember, the powers-that-be target a 2-percent reduction in the value of your dollar. Conventional wisdom holds that falling...
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