(Thérèse Boudreaux, The Center Square) Republicans in the U.S. House Thursday morning passed the multi-trillion dollar budget reconciliation bill after more than a day of debate in committee before reaching the full House floor.
The vote in the House was razor thin, 215-214, with two Republicans joining all Democrats in...
(Money Metals News Service) In this week’s episode of the Money Metals Midweek Memo, host Mike Maharrey delivers a compelling explanation of what money really is—and why sound money, such as gold and silver, remains the superior store of value compared to fiat currency issued by governments.
What Money Really Is
Most people think of...
(Dave DeCamp, Antiwar.com) President Trump’s plan to develop a new massive missile defense system for the US, dubbed the “Golden Dome” or the “Iron Dome for America,” is expected to cost $500 billion over the next 20 years, CNN reported on Monday, citing an estimate from the Congressional Budget...
(Thérèse Boudreaux, The Center Square) The Republican multitrillion-dollar budget reconciliation package may undergo significant edits before reaching the House floor after party leaders conceded to holdouts’ demands.
House Speaker Mike Johnson, R-La., wants the 1,116-page policy bill to pass the House before Memorial Day next Monday, but fiscal hawks on...
(Jesse Colombo, Money Metals News Service) Though silver has been quiet lately, it’s important to be aware of the many bullish factors that are setting the stage for a strong move higher.
As an analyst and investor who strongly believes in silver’s long-term potential, I often revisit and share key...
(Peter St Onge, Money Metals News Service) During last month's tariff war, a big driver of stock-market declines was foreigners selling.
Foreigners have stockpiled over $60 trillion in US assets -- much of it in stocks. Which puts America at the mercy of those foreigners whenever foreigners get nervous.
Part of...
(Dave DeCamp, Antiwar.com) More than 200 Republicans in Congress have sent a letter to President Trump urging him that any deal with Iran must involve the complete dismantlement of Tehran’s nuclear enrichment program, which Iranian officials have made clear is a non-starter.
The letter was signed by 177 GOP House...
(Thérèse Boudreaux, The Center Square) After 17 hours of debate, lawmakers on the House Ways and Means Committee voted along party lines to advance Republicans’ $3.8 trillion tax cut bill, a significant step forward in codifying President Donald Trump’s campaign priorities through the budget reconciliation process.
Under the Republican budget...
(Sound Money Defense League, Money Metals News Service) For the tenth straight year, a leading U.S. precious-metals dealer has teamed up with the nation’s preeminent sound money policy groups to help students pay for the ever-increasing costs associated with continuing education.
Money Metals Exchange, Sound Money Defense League, and the Sound Money Foundation are proud...
(Mike Maharrey, Money Metals News Service) The federal government ran a big budget surplus in April, but don’t get too excited. Uncle Sam hasn’t solved its spending problem.
In fact, it’s getting worse.
The U.S. government typically runs a surplus in April with the surge of tax receipts. This year, federal...
(Brett Rowland, The Center Square) The United States and China will cut tariffs on imports from each other as the world's two largest economies look to reach a broader deal on trade after months of tensions.
After a single weekend meeting, the two global superpowers agreed to slash tariffs set...
(Mike Maharrey, Money Metals News Service) Rising gold prices have spurred investment demand, especially in the East, and helped drive Q2 gold demand to the highest level since 2016. In China, demand for gold bars and coins charted the second strongest quarter on record.
However, high prices put a drag on jewelry...