Thursday, October 23, 2025

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Maryland and Washington State Impose Sales Taxes on Gold and Silver Bullion

(Mike Maharrey, Money Metals News Service) Over the last few years, several states have exempted gold and silver bullion from sales taxes, but during the 2025 legislative session, two went the opposite direction. Bill passed in Maryland and Washington State imposed sales taxes on bullion, effectively levying a tax on...

Big Bank Note Highlights Accelerating Global De-Dollarization

(Mike Maharrey, Money Metals News Service) I’ve been talking about the de-dollarization trend for several years. Now, some of the world’s big financial players are starting to take notice. In a recent note, JPMorgan Chase highlighted the de-dollarization trend, pointing out that dollar reserves have dipped to a 2-decade low below 60 percent. Total holdings...

WSJ Reporter Behind Dubious Trump-Epstein Letter Tied to Fusion GPS

(Luis Cornelio, Headline USA) One of the Wall Street Journal reporters behind the disputed story linking President Donald Trump to Jeffrey Epstein has ties to Fusion GPS, the firm behind the debunked Steele Dossier.  Joe Palazzolo, a self-described “Pulitzer Prize-winning reporter,” previously worked for a news site run by Mary Jacoby,...

2,200 Year Old Money Discovered in Czech Republic

(Mike Maharrey, Money Metals News Service) You’ll often hear me say that gold and silver have served as money for thousands of years. They’ve stood the test of time! Now, this might sound like hyperbole coming from a “gold bug,” but there is ample evidence supporting this assertion. After all,...

CBS Cancels Stephen Colbert’s ‘Late Show’

(Headline USA) When he wasn't pushing vaccines or crying about President Donald Trump, talk show host Stephan Colbert told the occasional joke—like when he cracked up his audience by claiming that CNN is "objective" news. That dismal era of late-night "comedy" is soon coming to an end. Colbert told his...

CPI Confusion, Fed Caution, and the Case for Silver: Inflation Is Alive and Well

(Money Metals News Service) In the latest Money Metals Midweek Memo, host Mike Maharrey delivered sharp commentary on June’s Consumer Price Index (CPI) report, clarified the difference between price and monetary inflation, and laid out a powerful argument for silver. With inflationary forces still quietly building and the Federal Reserve cornered on interest...

RFK Jr. and Other Trump Officials Embrace Psychedelics After FDA Setback

(Headline USA) For decades, proponents of psychedelic drugs have come to Washington with a provocative message: Illegal, mind-altering substances like LSD and ecstasy should be approved for Americans grappling with depression, trauma and other hard-to-treat conditions. A presidential administration finally seems to agree. “This line of therapeutics has tremendous advantage if given in a clinical setting and...

Sen. Adam Schiff Referred to DOJ for Mortgage Fraud

(Luis Cornelio, Headline USA) Federal housing investigators have referred Sen. Adam Schiff, D-Calif., to the DOJ for a formal investigation after uncovering discrepancies tied to his claimed primary residence.    Fannie Mae’s financial crimes division found that Schiff and wife, Eve, engaged in a sustained pattern of possible occupancy misrepresentation” on...

Senate NDAA Would Add $32 Billion to Trump’s $1 Trillion 2026 Military Budget

(Dave DeCamp, Antiwar.com) The Senate Armed Services Committee (SASC) has approved its version of the 2026 National Defense Authorization Act (NDAA), which would add approximately $32 billion to President Trump’s planned military budget of $1.01 trillion. The SASC’s NDAA would provide $924.7 billion in military spending, including $878.7 billion for the...

China, Canada Lead Spending Spree on U.S. Real Estate, Report Finds

(Brett Rowland, The Center Square) China and Canada led the ranks of foreign buyers snapping up U.S. homes, according to a new report. Foreigners bought $56 billion worth of existing U.S. homes from April 2024 through March 2025, according to the National Association of Realtors 2025 International Transactions in U.S....

Taxpayers Will No Longer Fund Illegal Aliens’ Education

(Tate Miller, The Center Square) Taxpayers will no longer pay for the education of noncitizens in the U.S. illegally, the U.S. Department of Education said Thursday. The department said “it will end taxpayer subsidization of illegal aliens in career, technical, and adult education programs.” A news release said that this change...

Gold Grinding Sideways, but Gathering Strength

(Clive Maund, Money Metals News Service) Gold has made impressive gains so far this year, but when it spiked up to touch $3,500 in the middle of April, it became heavily overbought. That's when gold went into a rectangular consolidation pattern that has given time for the overbought condition to fully...
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