(Mike Maharrey, Money Metals News Service) For months, I’ve argued that the Federal Reserve is in a Catch-22. Now, some more prominent people in the mainstream are echoing this warning.
In a recent interview with Kitco News, Sprott Inc. President Ryan McIntyre said the Fed is “walking a tightrope” and has...
(Sound Money Defense League, Money Metals News Service) Today, Alaska enacted a bill that removes local sales taxes from purchases of gold and silver and reaffirms that the metals are constitutional money recognized by the state.
Representative Kevin McCabe (R – Big Lake) and Senator Mike Cronk (R – Tok/Northway)...
(Sound Money Defense League, Money Metals News Service) Following President Donald Trump’s Truth Social post declaring “TIME TO AUDIT FORT KNOX,” the Sound Money Defense League today urged Congress to take immediate action on the Gold Reserve Transparency Act, which is pending in both the U.S. House and Senate.
President Trump has now...
(Chris Wade, The Center Square) A nighttime curfew remains in effect outside of a New Jersey ICE detention center Monday after days of violent confrontations with demonstrators that prompted Gov. Mikie Sherrill to deploy state police to restore order.
Newark Mayor Ras J. Baraka enacted the 9 p.m. to 6...
(Mike Maharrey, Money Metals News Service) I want gold. But I don’t want to dig.
When I was a kid, my mom used to tell me I’d better do my homework, or I would end up digging ditches for a living. In retrospect, there could have been worse fates than...
(Headline USA) More Americans sought unemployment benefits last week, but layoffs remain low despite economic uncertainty caused by the Iran war.
The Labor Department reported Thursday that jobless claims were up to 215,000, up from 210,000 the week before. The four-week moving average of claims, which smooths out week-to-week volatility, rose...
(Ken Silva, Headline USA) A former senior CIA official has been implicated in a scheme to apparently steal some $40 million in gold bars that he has obtained from the government for unspecified “work-related expenses.”
The ex-CIA official, David Rush, was arrested on May 19, a day after the FBI...
(Mike Maharrey, Money Metals News Service) Earlier this month, the Indian government hiked the import duty on precious metals from 6 percent to 15 percent in an attempt to moderate the country's trade deficit and support the rupee.
How will this tax increase likely impact the gold market in India?
Not as much...
(Thérèse Boudreaux, The Center Square) More than half of the federal budget will go toward benefits for Americans 65 years and older by 2036, and that percentage is set to only grow, a recent congressional report finds.
The Joint Economic Committee’s 2026 report shows that non-interest federal spending on Social...
(Lauren Jessop, The Center Square) Data center developers are increasingly targeting agricultural land for new projects, and residents in affected communities are mounting opposition, concerned about the industrialization of their farmland.
At the same time, Gov. Josh Shapiro’s administration is pursuing two priorities that can be difficult to balance: attracting...
(Mike Maharrey, Money Metals News Service) There is a lot of talk about whether the Federal Reserve should raise interest rates, but in fact, the market is hiking rates with or without central bank cooperation.
Treasury yields have crept relentlessly higher over the last several months, signaling significant stress in...
(Money Metals News Service) Mike Maharrey opened this Midweek Memo with a different format: an unscripted “Ask Mike Anything” episode recorded ahead of travel. Instead of a prepared monologue, he answered listener questions on sound money, precious metals, inflation, AI, Federal Reserve policy, and even his longevity as a...