Friday, June 6, 2025

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Google to Pay Texas $1.4B to Settle Claims of Collecting Users’ Data w/o Permission

(Headline USA) Google will pay $1.4 billion to Texas to settle claims the company collected users' data without permission, the state’s attorney general announced Friday. Attorney General Ken Paxton described the settlement as sending a message to tech companies that he will not allow them to make money off of “selling...

Third Hornet Lost From Truman Red Sea Deployment Brings Cost to $180M

(Steve Wilson, The Center Square) The loss of three F/A-18 Super Hornet fighter aircraft in the Red Sea could cost taxpayers $180 million to replace before production ends on the jets in 2027. In six months of operations against Houthi militants in Yemen, the U.S.S. Harry Truman has lost three...

Gold’s Strange Behavior

(Brien Lundin, Money Metals News Service) Yes, it’s different this time. I know that’s about the most dangerous phrase in all of investing, and virtually everyone who has ever uttered it was ultimately made a fool by the markets. But there’s no denying that this gold bull market is unprecedented for...

NYT Publishes Elon Musk’s Home Address amidst Recent Political Violence

(Luis Cornelio, Headline USA) Billionaire Trump backer Elon Musk may no longer be safe after the New York Times inexplicably published his home address—despite the tech mogul facing mounting death threats and political intimidation.  The Times exposed Musk’s location in a hit piece about what it’s like to live near him...

When To Sell Gold

(Clint Siegner, Money Metals News Service) Gold has outperformed most asset classes for the last 25 years. If you think about it, that is a pretty remarkable run. Economic conditions varied widely, but gold held up better in tough times as well as during periods of growth. In all likelihood,...

Hunter Biden Drops Dubious Suit Against IRS Whistleblowers

(Luis Cornelio, Headline USA) Hunter Biden, the embattled son of disgraced former President Joe Biden, has dropped his longshot lawsuit against the two IRS whistleblowers who exposed how the federal government shielded him from criminal scrutiny for years.  Filed in 2023, the lawsuit claimed IRS agents Gary Shapley and Joseph Ziegler had...

Kentucky Man Who Won Powerball Jackpot Lands in Florida Jail Days Later

(Headline USA) A Kentucky Powerball winner was arrested and charged with kicking a police officer in Florida days after he won a $167 million jackpot. James S. Farthing, who goes by Shannon, found out Sunday that he won the state's biggest ever jackpot after his mother called him, according to a...

First Quarter Gold Demand at Highest Level Since 2016

(Mike Maharrey, Money Metals News Service) Record gold prices drove first-quarter demand in 2025 to the highest level since 2016. The LBMA gold price hit multiple record highs in Q1, with the average price coming in at $2,860 an ounce. That was a 38 percent year-on-year increase. The gold price was driven by...

Democrat Lawmaker Wants to Decriminalize Welfare Fraud

(Luis Cornelio, Headline USA) Californians who defraud the taxpayer-funded welfare system could soon catch a break—so long as they don’t steal more than $25,000.  Legislation SB560—introduced by California Democratic state Sen. Lola Smallwood-Cuevas on Friday—would effectively decriminalize welfare fraud up to $25,000, protect potential offenders from perjury charges and block prosecutors...

Paper Money as a Weapon of War

(Lawrence W. Reed, Money Metals News Service) Ships of Britain’s massive Royal Navy, the largest in the world, inflicted great damage on American ports, property, and vessels during the years of the Revolution (1775–1783). Perhaps none of those ships wreaked more havoc than HMS Phoenix, and it accomplished its devious...

Gold Outperforms… Will that Continue?

(Clint Siegner, Money Metals News Service) There are plenty of frustrated silver bugs. Gold is outperforming once again, and they wonder when silver will finally catch up. History suggests silver will outshine gold in a bull market for metals. So far, that has not been the case for much of...

Scammer Steals $500,000 in Gold Coins from Oregon Woman

(Mike Maharrey, Money Metals News Service) Here's a way to avoid 90 percent of scams. Don't answer the phone, and don't click links in emails. It's pretty simple, really. If you don't interact with scammers, they can't scam you. It's highly unlikely that a crook will show up at your door...
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