(Mike Maharrey, Money Metals News Service) The Federal Reserve kicked off its October meeting today (Tuesday, Oct. 28). The central bank is expected to cut interest rates another quarter percent and could announce a timetable to end balance sheet reduction.
But why?
A lot of the people clamoring for looser monetary policy...
(Mike Maharrey, Money Metals News Service) The Bureau of Labor Statistics finally managed to get the September CPI data together. The mainstream broadly characterized it as a good report.
It wasn’t.
But it was better than forecast, and in our world of politicized government data, that was good enough. As CNBC...
Senate Democrats have failed to return donations from Jeffrey Epstein even as they pressure the Trump administration to release files tied to the federal investigation into Epstein’s crimes.
(Mike Maharrey, Money Metals News Service) A former Federal Reserve advisor said the recent selloff in gold and silver wasn’t just nervous investors booking profits on oversold assets. She thinks it signals deeper structural rot in the financial system.
After peaking near $4,400 an ounce, gold was hammered lower, falling...
(Ken Silva, Headline USA) The Wall Street Journal reported Saturday that progressive non-profit organizations have raised alarms that billionaire George Soros will be “de-banked” by the Trump administration—that is, he’ll have his accounts frozen and won’t be able to fund leftist initiatives.
The Journal’s article comes amidst reports that the...
(Mike Maharrey, Money Metals News Service) Despite all the talk about DOGE and cost-cutting earlier this year, the federal government spent more in fiscal 2025 than it did the previous year and set a new spending record.
However, thanks to an influx of tariff revenue, the fiscal 2025 budget deficit was slightly...
(Brett Rowland, The Center Square) A national electronics retailer asked the U.S. Supreme Court on Friday to quell the uncertainty around tariffs for businesses that must import products.
Crutchfield, a Virginia-based company, asked for relief in a candid plea to the nation's highest court. The retailer, which started as a car...
(Mike Maharrey, Money Metals News Service) Is it a good idea to have gold? Yes. Just ask the Italians.
Italy has the third-largest gold reserves in the world. While other European countries that sold most of their gold are struggling to maintain reserves as the dollar wilts, Italy is sitting...