Monday, May 11, 2026

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It’s Zombie Inflation

(Mike Maharrey, Money Metals News Service) Maybe we should call it Zombie Inflation. Every time the mainstream declares price inflation dead and buried, new data comes out and rains on the funeral. However, if you understand the root cause of inflation, the CPI data comes as no surprise. And it isn’t fundamentally about...

Consumer Debt Unexpectedly Surged in July

(Mike Maharrey, Money Metals News Service) Retail sales showed a healthy increase of 0.5 percent in July. At the time, analysts claimed this was a sign of a resilient consumer. Turns out, they charged that shopping spree to their credit cards. After contracting for two straight months, revolving credit, primarily...

Center Square Exclusive: Secret Service Spent $11 million on Hunter Biden Travel Detail

(Bethany Blankley, The Center Square) The Biden administration spent more than $10 million over three years on a security detail and related expenses for former First Son Hunter Biden after denying similar protections to other high-profile political figures, documents obtained by the Center to Advance Security in America and...

Wealthy Asian Families Are Diving Into the Gold Market

(Mike Maharrey, Money Metals News Service) With the price of gold at record highs and demand surging in Asia, many ultra-wealthy families are embracing a 19th-century model and jumping into the gold business, taking on the role of bullion traders, financing, shipping, and flipping gold without the middlemen. The Business Times highlighted...

What to Know About a Large-Scale Immigration Raid at a Georgia Manufacturing Plant

Hundreds of federal agents descended on a sprawling site where Hyundai manufactures electric vehicles in Georgia and detained 475 people, most of them South Korean nationals…

Chicago Ranks Near Bottom in Survey of Best and Worst Run Cities

The city of Chicago ranks near the bottom in the new Best & Worst-run cities in America survey of 148 different locations…

Does an Independent Fed *Raise* Inflation?

(Peter St Onge, Money Metals News Service) If Trump takes over the Fed will inflation get even worse? Or is the Fed the heroic defender of hard money that its defenders claim? Last week, Donald Trump fired Fed member Lisa Cook for alleged mortgage fraud — the first time in the Fed’s 112...

Investing in Bullion vs. Mining Stocks

(Money Metals News Service) Share prices for precious metals mining companies finally started responding to higher metal prices. The XAU -- a popular index fund containing publicly traded companies mining for both gold and silver -- began a run higher 18 months ago after going nowhere for the decade before. Today,...

Evidence Shows Silver and Gold Were Used Much Earlier Than Originally Thought

(Mike Maharrey, Money Metals News Service) We know that people have valued gold and silver for thousands of years, but new evidence reveals that people were using the metals in a much more sophisticated way earlier than originally thought. French researchers have found the oldest known indirect evidence of gold...

Tulsi Gabbard to Cut $700M from ODNI after Exposing Obama-Era Corruption

(Luis Cornelio, Headline USA) After releasing bombshell evidence of misconduct in the intelligence community, Director of National Intelligence Tulsi Gabbard announced a sweeping plan to strip down and rebuild the agency. Gabbard said Wednesday the Trump administration is launching “ODNI 2.0” to slash staff by 40 percent and save tax payers...

Central Banks Do Not Prevent Financial Crises or Control Inflation

(Daniel Lacalle, Money Metals News Service) Central banks have become the dominating force in financial markets. Easing and tightening decisions move all assets from bonds to private equity. Their role is supposed to be to control inflation, provide price stability, and ensure normal market functions. However, there is little evidence of...

Planned Restart of California Oil Production Faces Legal Challenges

(Alton Wallace, The Center Square) Oil and gas production resumed on May 15 that had been out of service for 10 years after an oil spill off the California coast, with the restart of the Santa Ynez Unit in the Santa Barbara Channel expected to boost U.S. energy supplies...
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