Saturday, June 7, 2025

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Oops! $60 Million Fighter Jet Falls off Aircraft Carrier, Sinks to Bottom of Red Sea

(Headline USA) An F/A-18 fighter jet slipped off the hanger deck of an aircraft carrier deployed to the Middle East, as sailors were towing the aircraft into place in the hangar bay of the USS Harry S. Truman on Monday, the U.S. Navy said on Monday. The crew members who were...

Education Dept. Opens Investigation on UC Berkeley over Foreign Funding

(Headline USA) The Trump administration launched an investigation into the University of California, Berkeley, on Friday centered on foreign funding, making it the latest university to be targeted by the federal government. The investigation revives criticism from several years ago about the university’s partnership with China’s Tsinghua University. It comes after...

Home Sales Post 5.9% Drop Ahead of Spring Selling Season

(Brett Rowland, The Center Square) Existing home sales fell 5.9% in March ahead of the busy spring selling season as the median price topped $400,000 – the highest median home price for any March, according to the National Association of Realtors. Sales decreased in all four major U.S. regions. Total existing-home...

Warnock Denies Wrongdoing in Accepting Residence in ‘$989,000 Luxury Home’

(Alan Wooten, The Center Square) U.S. Sen. Raphael Warnock says ethics questions about his housing and financial disclosures have already been answered. A conservative nonprofit in Washington is asking the U.S. Senate Select Committee on Ethics for an investigation. The Foundation for Accountability and Civic Trust says information on his...

Arizona, Oregon Lead States Suing to Stop Trump’s Tariffs

(Dave Mason, The Center Square)   Democratic attorneys general from Arizona and Oregon are co-leading a lawsuit to stop President Donald Trump’s tariffs. “President Trump’s insane tariff scheme is not only economically reckless – it is illegal,” said Arizona Attorney General Kris Mayes, who was joined in the suit against Trump...

Ruining the Money

(Lawrence W. Reed, Money Metals News Service) By the start of the 20th Century, governments and their diplomats around the world dubbed the (Turkish) Ottoman Empire “the sick man of Europe.” Conventional wisdom, reflected in high school and college history texts to this day, cites these contributing factors in the...

Foreign Influence? Boston Mayor’s Campaign Under Scrutiny for CCP-Linked Donations

(José Niño, Headline USA) A new investigation has uncovered that Boston Mayor Michelle Wu’s 2021 campaign received over $300,000 in donations raised by a fundraiser with close ties to the Chinese Communist Party’s intelligence arm. According to a Daily Caller report published last Monday, Gary Yu, who has documented connections...

Gold-Silver Ratio Over 103 Indicates Silver Is Still on Sale!

(Mike Maharrey, Money Metals News Service) As gold marches ever higher, silver continues to lag, like a kid more interested in sniffing flowers than keeping up with his parents’ pace. Don’t get me wrong. Silver hasn’t done horribly so far this year. It is up a little over 12 percent....

Can the Gold Bull Keep Up This Pace?

(Mike Maharrey, Money Metals News Service) Gold’s record run has been nothing short of astounding, and it appears the bulls have plenty of strength left in them. Since the beginning of the year, the price of gold is up by over 25 percent. That’s on top of a 26.5 percent increase...

Silver Market Records Fourth Straight Supply Deficit Amidst Record Industrial Demand

(Mike Maharrey, Money Metals News Service) The official numbers are in, and industrial demand for silver set a fourth consecutive record in 2024. Despite record industrial offtake, total silver demand declined by 3 percent to 1.16 billion ounces last year, primarily due to weak investment demand, according to the World...

The Re-Emergence and Death Knell of Century Bonds

(Joakim Book, Money Metals News Service) The monetary regime has immediate consequences for our behavior—as individuals, institutions, and financial entities. One underappreciated victim of the fiat age is long-dated bonds. When price predictability of the money is strong, and commitment to the monetary regime is credible, you can finance projects or business ventures...

Who Pumped Up This Bubble Economy?

(Mike Maharrey, Money Metals News Service) The American economy is a bubble. The thing about bubbles is that they eventually pop. All they need is a pin. Tariff policy might be the pin that pops this bubble, but even if it isn’t, there is a pin out there with this bubble's...
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