Friday, May 1, 2026

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With Few Employment Prospects, Afghan Men Are Digging for Gold

(Mike Maharrey, Money Metals News Service) What if you could just pull money out of the ground? That’s exactly what men are doing in the Hindu Kush mountains of eastern Afghanistan. They are scouring the rocky Kunar riverbed for flecks of gold. Here in the U.S., people pan for gold for...

Multiple House Republicans Defy Proposed 3-year FISA Section 702 Extension

(Thérèse Boudreaux, The Center Square)  After two attempts last week to reauthorize a controversial spy power of the federal government, House Speaker Mike Johnson, R-La., has unveiled the text of a three-year extension. The new proposal, however, fails to include key privacy reforms that dozens of House Republicans are demanding...

Report: Ex-USAID Workers Have ‘Mental Trauma’ from Being Fired

(Ken Silva, Headline USA) The New York Times has interviewed 30 former employees of the U.S. Agency for International Development, reporting Monday that they’re suffering from “mental trauma” due to being fired last year. The Times report comes about a year after USAID was closed as part of the Trump...

Michigan Secretary of State Under Fire for SPLC Ties

(Elyse Apel, The Center Square)  Michigan Secretary of State and Democrat gubernatorial candidate Jocelyn Benson is facing scrutiny over her past role with the Southern Poverty Law Center following a federal indictment against the organization. A grand jury indictment announced by the U.S. Department of Justice on Tuesday charges the...

Poll: 69% Nationwide Believe Data Center Costs Outweigh Benefits

(Jon Styf, The Center Square)  A majority of adults in the United States believe that the costs of data centers outweigh the benefits with 69% believing the costs are greater and 30% believing that the benefits are higher, according to a new national poll from the Marquette University Law...

Inflation Alert: The Federal Reserve Balance Sheet Is Growing Again

(Mike Maharrey, Money Metals News Service) Since the Federal Reserve announced the resumption of quantitative easing (QE) in December, the central bank has expanded its balance sheet by over $200 billion. During QE, the central bank buys U.S. Treasuries and/or mortgage-backed securities on the open market with money created out of thin...

Pentagon Has Approached US Automakers About Helping Manufacture Weapons

(Dave DeCamp, Antiwar.com) Two major US car makers have been approached by the Pentagon about the possibility of helping the US government manufacture military equipment, as the Trump administration seeks a significant boost in arms production. The discussions were first reported by The Wall Street Journal last week, which said...

Businesses Can Claim Refunds for Trump Tariffs Declared Unconstitutional

(Headline USA) A refund system for businesses that paid tariffs which the U.S. Supreme Court ruled President Donald Trump imposed without the constitutional authority to do so is scheduled to launch Monday. Importers and their brokers will be able to begin claiming refunds through an online portal beginning at 8 a.m.,...

Slowing Consumer Debt Likely Signals Growing Consumer Stress

(Mike Maharrey, Money Metals News Service) Consumer spending is “under strain” according to a recent New York Times report. That’s bad news for an economy that depends on people buying stuff. We see this consumer strain reflected in the slowing growth of consumer debt. Consumer spending is the engine that drives the U.S....

How a Silver Shortage Sparked a Historic Price Rally

(Mike Maharrey, Money Metals News Service) The silver’s supply deficit finally caught up with it in 2025. Late last year, the price surged above the $50 resistance that had been in place since the 1980s. The rally continued into the first month of 2026, as the silver price rocketed to...

7-Eleven Expects to Close Hundreds of its Stores in North America This Year

(Headline USA) Convenience chain 7-Eleven expects to close hundreds of its locations this year. According to earnings filings published last week, 7-Eleven's North American operator plans to close 645 stores in the 2026 fiscal year — outpacing the 205 locations it forecasts it will open during that same time. Seven &...

Mainstream Economists vs. Gold: Who Is Winning the Fight?

(Mike Maharrey, Money Metals News Service) Mainstream economists have been at war with gold for years. And gold is winning. Aaron Brown formerly served as head of market research for AQR Capital Management and now works as a columnist for Bloomberg. In a recent op-ed, he chronicled gold’s ongoing war with economists. John Maynard...
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