Friday, June 6, 2025

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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...

Pentagon Accepts Boeing 747 from Qatar for Trump’s Use

(Headline USA) Defense Secretary Pete Hegseth has accepted a gifted Boeing 747 aircraft from Qatar for President Donald Trump to use as Air Force One, the Pentagon said Wednesday. The Defense Department will “work to ensure proper security measures” on the aircraft to make it safe for use by the president,...

Poland Has More Gold Than the European Central Bank

(Mike Maharrey, Money Metals News Service) Poland now holds more gold than the European Central Bank. National Bank of Poland (NBP) governor Adam Glapiński noted this fact during a recent press conference, saying he views gold as a shield against global instability and a cornerstone of economic sovereignty. “This shows the...

Moody’s Knocks Down U.S. Credit Rating Over Continuous Deficits

(Brett Rowland, The Center Square) Moody's knocked down the U.S. credit rating to AA1 on Friday, projecting Congress won't be able to reduce the nation's growing debt.  Moody's was the last credit-rating agency to keep the U.S. at a top AAA rating. That changed Friday, with Moody's joining S&P Global...

Industrial Demand for Gold Steady in Q1

(Mike Maharrey, Money Metals News Service) Every once in a while, you’ll hear some talking head on a financial network claim that gold is “a useless metal.” This is an absurd statement. Fundamentally, gold is money, accounting for a lot of its demand, but it also has practical uses. In the first...

Gold Helping to Unlock the Mysteries of the Universe

(Mike Maharrey, Money Metals News Service) Gold is helping unlock mysteries of the universe. In December 2021, the James Webb Space Telescope (JWST) was launched. Over the last several years, the telescope has produced stunning images that are helping scientists to better understand the universe. Scientists began developing plans for the...

Beyond the Headlines: Why Gold Still Matters in a Debt-Soaked, Dollar-Weary World

(Money Metals News Service) In the latest Money Metals Midweek Memo, host Mike Maharrey delivered a powerful reminder to investors: stop reacting to the 30-second news cycle and start thinking long-term. With financial markets whipsawing on every tweet and press release, Maharrey urged listeners to step back, take a breath, and...

The Logic of Debt Under Fiat: The Student Edition

(Joakim Book, Money Metals News Service) Anyone who looks at fiat currency long enough, eyes wide open, usually comes to the conclusion that this is an upside-down world. Unlike gold or silver as sound money, under fiat currency thrift is penalized, financial surpluses are burdens, and losses are good. With tax...

Trump Will Lift All Sanctions on Syria, Will Meet HTS Leader Wednesday

(Jason Ditz, Antiwar.com) President Trump has announced that he will lift all sanctions the US has against the Syrian government, which he says will “give them a chance at greatness.” He will also meet Syria’s leader, Hayat Tahrir al-Sham (HTS) leader Ahmed al-Sharaa on Wednesday. The US has had sanctions...

Gold Overtakes Stocks as “Best Long-term Investment” Behind Real Estate in Latest Gallup Poll

(Mike Maharrey, Money Metals News Service) Those golden bulls have grabbed some attention. According to the latest Gallup poll, gold has overtaken stocks and is now viewed as the second-best long-term investment in America, trailing only real estate. In the latest survey, 23 percent of the respondents chose gold as the best...

Trump Signs Sweeping Order to Lower the Cost of Prescription Drugs

(Headline USA)  President Donald Trump said he will set a 30-day deadline for drugmakers to lower the cost of prescription drugs in a sweeping executive order that he will sign on Monday. The order calls on the health department, led by Robert F. Kennedy Jr., to broker new price tags...

Here’s Where Gold & Silver Stand

(Jesse Colombo, Money Metals News Service) Both gold and silver are undergoing healthy consolidation phases after their strong rallies, allowing them to reset and work off overbought conditions. It’s time for an updated look at where things stand. Three weeks ago, I suggested that gold may have temporarily peaked after a...
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