Friday, June 20, 2025

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Platinum Surges Past Another Hurdle in Relentless Rally

(Jesse Colombo, Money Metals News Service) After yesterday's 4.49% surge, platinum has broken through the key $1,200 to $1,300 resistance zone that had been a major hurdle—an encouraging bullish signal. Last week, I published a detailed report on the bullish case for platinum—even though my usual focus is on gold and silver....

Vietnam Central Bank Set to End Gold Import Monopoly

(Mike Maharrey, Money Metals News Service) The Vietnamese gold market is about to undergo significant reforms that could boost competition, lower prices, and increase supply. A government decree will open the door for eligible banks and enterprises to import gold into the country and produce bullion. Currently, the Saigon Jewelry...

Watchdog: Millionaires Enrolled in Medicaid, Costing America Billions

(Tom Joyce, The Center Square) It's not just lower-income people or those with disabilities using Medicaid in the United States. A new investigation led by the Patient First Coalition found that tens of thousands of wealthy people remain enrolled in Medicaid, the taxpayer-funded health insurance program meant for low-income and...

A Border Patrol Agent Died in 2009. His Widow is Still Fighting for Benefits

(Headline USA) When her husband died after a grueling U.S. Border Patrol training program for new agents, Lisa Afolayan applied for the federal benefits promised to families of first responders whose lives are cut short in the line of duty. Sixteen years later, Afolayan and her two daughters haven't seen a...

Dollar Hits 3-Year Low—Here’s What It Means for Precious Metals

(Jesse Colombo, Money Metals News Service) The U.S. dollar is undergoing a major technical breakdown—a highly bullish development for commodities, especially precious metals and their mining stocks. For the past couple of months, I’ve been warning of a likely breakdown in the U.S. dollar—an event that historically signals a bullish...

Argentina’s Budding Love Affair With Gold

(Mike Maharrey, Money Metals News Service) Argentines are married to the dollar, but they're having a love affair with gold. As a Bloomberg article framed it, Argentines were once "almost irrationally devoted to the dollar." In fact, the country ranks among the top holders of U.S. dollars. According to Bloomberg, the devotion to the dollar...

Report: Biden Administration Spied on Foreigners Who Visited w/ Elon Musk

(José Niño, Headline USA) Federal agencies under the Biden administration monitored foreign visitors to Elon Musk, according to a Wall Street Journal report.  The Journal's Tuesday report specifically revealed that, throughout 2022 and 2023, multiple U.S. government agencies monitored the movements of foreign nationals traveling to visit Musk at his...

ABC News Fires Star Journalist over Anti-Trump Meltdown

(Luis Cornelio, Headline USA) ABC News has fired one of its star correspondents after he publicly berated President Donald Trump and White House official Stephen Miller in a brazen anti-Trump rant.  The network said Tuesday it would not renew its contract with Terry Moran, a senior national correspondent, after he accused...

Germans Demand Bring Our Gold Home!

(Mike Maharrey, Money Metals News Service) With the U.S. weaponizing the dollar and trade, some people in Germany are calling on the Bundesbank to move at least some of its gold out of New York and bring it home to minimize the risk of U.S. meddling. Germany owns the second-largest gold reserves...

Consumer Debt Unexpectedly Surged in April

(Mike Maharrey, Money Metals News Service) Consumer borrowing unexpectedly surged in April as Americans tried to get ahead of potential price increases due to tariffs. This reversed a trend of declining consumer borrowing since the beginning of the year. Total consumer debt swelled by $17.9 billion in April, a 4.3...

Newsom Tells His State’s Citizens to Not Pay Their Taxes

(Luis Cornelio, Headline USA) California Gov. Gavin Newsom suggested on Friday that his state may refuse to pay federal taxes in retaliation for President Donald Trump’s threats to slash funding for the Golden State.  “Californians pay the bills for the federal government. We pay over $80 BILLION more in taxes than...

Several African Central Banks Announce Plans to Expand Gold Reserves

(Mike Maharrey, Money Metals News Service) Central banks have been aggressively adding gold to their reserves over the last three years, and several African banks are poised to join the party. On net, central banks officially increased their gold holdings by 1,044.6 tonnes in 2024. It was the 15th consecutive...
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