Saturday, June 28, 2025

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Kentucky Governor Vetoes Gold Bill, Legislature Expected to Override

(Sound Money Defense League, Money Metals News Service) Slapping small-time savers in the face for the second time in 12 months, Kentucky Gov. Andy Beshear has again vetoed a bill that would end sales taxes on purchases of precious metals. House Bill 2, introduced by Rep. TJ Roberts, enjoyed overwhelming...

Trump Vows Punitive 25% Tariff on Venezuelan Oil Buyers

(Headline USA) President Donald Trump announced on Monday plans to impose a 25% tariff on all imports from countries purchasing oil or gas from Venezuela, in addition to new tariffs directly targeting the South American nation itself. In a statement posted on Truth Social, Trump described Venezuela as “very hostile”...

CA Gained 76% Fewer Jobs in 2024 than Estimated, Grew Just 0.3%

(Kenneth Schrupp, The Center Square) Updated federal data shows California gained 76% fewer jobs in 2024 than initially estimated, gaining only 60,000 jobs, instead of the earlier announced 250,000 jobs. A 2024 state-funded report found that California private sector employment went into a downturn in 2022, with jobs growth only...

How the Fed Ruined the World’s Most Famous Coin Trick

(Doc Dixon, Money Metals News Service) Did you know the Federal Reserve ruined the world's greatest coin trick? It's true! I'll tell you the story. Thomas Nelson Downs (1867-1938) was a star of the vaudeville stage. Known as the King of Koins, he was skilled in sleight of hand, but like most...

VIDEO: States Battle to Restore Gold and Silver

(Money Metals News Service) In a powerful and timely interview, Francis Hunt of The Market Sniper sat down with Jp Cortez, Executive Director of the Sound Money Defense League, to discuss the accelerating legislative efforts to restore gold and silver as constitutional money across the United States. Founded in 2014 as a...

Why Is Gold Soaring?

(Brien Lundin, Money Metals News Service) Gold has not only held the lofty $3,000 line, it’s advanced well beyond. This raises the question...why? After a dizzying run to $3,000 that has stunned even the most ardent gold bulls, the yellow metal has continued to climb. Count me among the dumbfounded bulls....

Copper is on the Verge of a Bull Market—And That’s Great News for Silver

(Jesse Colombo, Money Metals News Service) The stars are aligning for copper, which has surged 25% after breaking out of its triangle pattern and now sits just below the key $5–$5.20 resistance zone. For months, I’ve been bullish on copper. I predicted copper would rebound and enter a long-term bull market,...

Gold Finally Hits $3,000! Here’s What You Need to Know

(Jesse Colombo, Money Metals News Service) Today marks a historic milestone as the spot price of gold has officially closed above $3,000 an ounce for the first time! While gold futures—typically priced higher than spot gold—briefly tested this level last week, they failed to hold above it. However, yesterday's close confirms a...

Trump Moves to Shut Down Voice of America, State Media Outlets

(Kyle Anzalone, Libertarian Institute) President Donald Trump has issued an executive order that will dismantle Voice of America, Radio Free Europe, Radio Free Asia, and other US state media outlets. A press release from the White House said that the outlets have adopted an increasingly progressive agenda. On Friday, the...

Gold Revaluation, Market Manipulation, and the Future of Money

(Money Metals News Service) In a recent episode of the Money Metals podcast, host Mike Maharrey sat down with veteran journalist and author Stuart Englert to discuss gold revaluation, the manipulation of precious metals markets, and the broader implications for the financial system. Englert, author of Rigged: Exposing the Largest Financial...

A Cautionary Tale

(Mike Maharrey, Money Metals News Service) I ran across a story the other day that can serve as a cautionary tale. I'll tell you up front that there are a lot of unanswered questions in this story, but with a little speculation, I think I can squeeze out a...

Improved CPI Data Sets Stage for More Inflation

(Mike Maharrey, Money Metals News Service) Price inflation moderated in February, setting the stage for more inflation. The CPI data for last month wasn’t bad. It broke a four-month upward trend, and the numbers all came in lower than forecast. But the CPI data for last month wasn’t great either....
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