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(Thérèse Boudreaux, The Center Square) With the national average gas price hovering around $4.37 per gallon, some Republicans are pushing for a temporary suspension of the federal gas tax. Doing so would provide Americans some savings at the pump, but it would also cost billions each month and potentially hasten...

Ghana has developed a yuan-based system to pay for eligible Chinese imports using Ghanaian cedis, bypassing the U.S. dollar. Officials say Stanbic Bank Ghana is piloting a cedi-to-yuan payment system. Ghana Commercial Bank is reportedly developing a similar service. China’s Cross-Border Interbank Payment System (CIPS) is processing the payments. According to...

(Mike Maharrey, Money Metals News Service) If your policy can’t drive inflation down, just revise the methodology to make it seem lower. This seems to be the federal government’s strategy. The Bureau of Economic Analysis (BEA) has revised the Federal Reserve’s favorite inflation gauge to understate inflation just a little bit...

(Money Metals News Service) In a new Money Metals podcast interview, analyst Mike Maharrey spoke with veteran technical analyst Clive Maund about the Treasury market, soaring government debt, gold, silver, oil, inflation, and the increasingly unstable global fiat monetary system. Clive Maund has been analyzing markets for decades and has...

(Headline USA) Four astronauts rocketed into orbit Thursday on a space station mission that will stretch until spring, among them a Canadian whose wife will give birth while he’s away. SpaceX launched commander Jessica Watkins and her crew for NASA after a three-week delay to fix their Dragon capsule’s leaking...

(José Niño, Headline USA)  A surveillance technology firm associated with Hunter Biden laptop analyst Yaacov Apelbaum listed Israel’s Prime Minister’s Office among its customers in a 2019 marketing presentation, according to a Newsroom report. According to the Tuesday report, XRVision promoted facial recognition, video analytics, and artificial intelligence based surveillance tools...

(Mike Maharrey, Money Metals News Service) Do you want to know why the U.S. Treasury market is selling off? Listen closely to Canadian Prime Minister Mark Carney. He thinks the world should find an alternative to the U.S. dollar. Now, you might not care what Canadians think. You might think Carney...

(Mike Maharrey, Money Metals News Service) The Indian gold market is cautiously optimistic as we approach the festive gold-buying season. Higher prices continue to weigh on gold jewelry demand even as they support investment purchases. Meanwhile, wedding buying appears “resilient,” according to the World Gold Council. India ranks as the world’s...

(Dave DeCamp, Antiwar.com) During an Oval Office meeting with President Donald Trump in Washington on Thursday, Chinese President Xi Jinping conveyed China’s position on Taiwan and told the US president to approach the issue “carefully,” The South China Morning Post reported, citing the Chinese broadcaster CCTV. The report said that...

(Headline USA) Starbucks plans to close 250 North American stores later this week. It is the second big round of store closures under Starbucks Chairman and CEO Brian Niccol, who joined the company in 2024. Last September, Starbucks closed 627 stores in North America and Europe. In a letter to employees,...

(Money Metals News Service) A bank run is a familiar danger in a fractional-reserve banking system. In December 1930, as the Great Depression deepened, the privately owned Bank of United States in New York collapsed after a run by depositors. Despite its name, it was not a government institution....

(Headline USA) A top Federal Reserve official said Monday that the central bank may have to cause economic pain in the form of higher unemployment to combat stubbornly high inflation. Austan Goolsbee, president of the Federal Reserve Bank of Chicago, said in a speech in London that the Fed is...