(Luis Cornelio, Headline USA) One of billionaire Elon Musk’s former friends issued a prediction about the tech mogul’s next move following his very public feud with President Donald Trump.
In a Sunday interview with Politico, neuroscientist Philip Low—who had a falling out with Musk—claimed the former DOGE head will try to...
(Mike Maharrey, Money Metals News Service) Despite the prevailing notion that the Federal Reserve has implemented “tight” monetary policy, the money supply has expanded by more than $600 billion since its low point in mid-2023.
Based on the “true,” or Rothbard-Salerno, money supply measure (TMS), the money supply expanded by 2.2 percent...
(Headline USA) Famed investor Warren Buffett is donating $6 billion worth of his company's stock to five foundations, bringing the total he has given to them since 2006 to roughly $60 billion, based on their value when received.
Buffett said late Friday that the shares of Berkshire Hathaway will be...
(José Niño, Headline USA) Axios reported that Kentucky Rep. Thomas Massie is in President Donald Trump’s crosshairs as the sitting president’s political machine launches an aggressive campaign to unseat him in 2026
The move sends a clear warning to other GOP lawmakers: cross Trump, and you could be next.
https://twitter.com/RepThomasMassie/status/1936574721312923803
Massie’s criticism...
(Mike Maharrey, Money Metals News Service) Calls to bring Germany’s gold home are growing, and now voices in Italy are urging that country’s government to do the same.
Germany owns the second-largest gold reserves in the world at 3,352 tonnes. Italy ranks number three with 2,452 tonnes. Both countries utilize...
(Andrew Rice, The Center Square) House Republicans and Democrats sparred on Tuesday over codifying cuts proposed by the Department of Government Efficiency.
Rep. Marjorie Taylor Greene, R-Ga., said Congress needs to “lock in” DOGE’s $180 billion in cuts across the federal government at a House Oversight and Government Reform’s DOGE...
(Douglas French, Money Metals News Service) You hear about gas prices every day. The President brags that per-gallon prices have dropped to $1.99 in some places.
After paying over $4.00 here in Las Vegas, I wonder where he is talking about. He ran on bringing down prices at the pump,...
(Peter C. Earle, Money Metals News Service) The recent weakness in the US dollar has reignited the debate over the durability of the dollar’s dominance in global finance.
Over the first half of the year, the Bloomberg Dollar Index has fallen nearly 8.5 percent, marking one of the sharpest declines since...
(Money Metals News Service) In a wide-ranging interview on the Money Metals podcast, host Mike Maharrey spoke with Philip Newman, Managing Director and founding partner of Metals Focus, one of the most trusted independent research firms in the global precious metals space.
Founded in 2013, Metals Focus provides data and analysis...
(Mike Maharrey, Money Metals News Service) Even as the Federal Reserve stood pat and held interest rates steady at between 4.25 and 4.5 percent, the Swiss central bank slashed its rates to zero and indicated that negative interest rates are a possibility.
The Swiss National Bank cut rates in response...
(Brett Rowland, The Center Square) Federal Reserve officials agreed to hold interest rates steady on Wednesday but suggested they could cut them later this year.
"Despite elevated uncertainty, the economy is in a solid position," Federal Reserve Chairman Jerome Powell said.
Earlier in the day, President Donald Trump again called Powell...
(Money Metals News Service) This week’s Money Metals Midweek Memo podcast, hosted by Mike Maharrey, delivers a sharp and timely analysis of the accelerating global pivot away from the U.S. dollar and the growing strategic importance of gold.
Maharrey ties together current events, economic indicators, and monetary trends to highlight how central...