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Feds Buy Two Immigration Detention Centers for $1.5 Billion

(Chris Woodward, The Center Square) Private prison operator CoreCivic has sold two Southern California immigration detention centers to the federal government for $1.5 billion. Under the deal, the U.S. Department of Homeland Security takes ownership of the Otay Mesa Detention Center in San Diego County for $739.2 million and the...

Hong Kong Launches Gold Settlement System to Challenge Western Dominance

(Mike Maharrey, Money Metals News Service) Hong Kong has launched trial operations of its gold clearing and settlement system, putting the region in a position to challenge Western dominance of the global gold market. London, New York, and Switzerland have served as the center of the gold trade for nearly...

Despite Correction Gold Remains One of the Top-Performing Assets in the Last 12 Months

(Mike Maharrey, Money Metals News Service) Despite the steep correction and increased volatility, gold remains one of the best-performing assets over the last 12 months. It feels like gold has tanked this year, but the yellow metal was only down about 7 percent through the first six months of 2026....

Embattled State Lawmaker Resigns after Investigation into ‘Unethical’ Behavior

(Sean Reed, The Center Square) After two days of calls for his resignation by Democrat leaders, embattled Illinois state Rep. Harry Benton, D-Plainfield, stepped down. The two-term Democrat also signaled he’ll suspend his reelection campaign, pulling his name from the November ballot. The official resignation letter was released late Friday by...

Government Plans to Expand Scheme to Incentivize Indians to Let Go of Their Gold

(Mike Maharrey, Money Metals News Service) The Indian government plans to expand a program designed to incentivize people to turn in their gold after the original plan fell flat. In 2015, the government created a gold monetization scheme (GMS) to encourage Indians to put “idle” gold into the country’s financial system. Under...

Donald Trump Raked in Billions While Investors Lost Out

(José Niño, Headline USA) Cryptocurrency investments delivered President Donald Trump earnings exceeding $1 billion during 2025, the Wall Street Journal reported, representing a historic income spike that accompanied gains from royalties, property holdings, and corporate lawsuit resolutions. Trump and his relatives dove deeply into digital currency enterprises during his opening...

JD Vance Reported Up to $7.4 Million in Book Earnings

(José Niño, Headline USA) JD Vance pulled in as much as $7.4 million during 2025 from royalties on his bestselling book combined with returns from investments and his venture capital enterprise, the Wall Street Journal reported after reviewing his most recent financial disclosure. The vice president keeps drawing considerable sums...

Self-Exiled Chinese Billionaire Guo Wengui Gets 30 Years in US Prison for Fraud Conviction

(Headline USA) A self-exiled billionaire Chinese business tycoon once believed to be among China's wealthiest men was sentenced Monday to 30 years in a U.S. prison for a massive financial fraud that a federal judge said cost over 1,000 people worldwide hundreds of millions of dollars. Guo Wengui, who fled...

Colorado AG Won’t Say How Much his Lawsuits are Costing Taxpayers

(Adam Herbets, The Center Square) Colorado’s leading candidate for governor has delayed the release of public records that would reveal how much taxpayer money he has spent to file lawsuits against the Trump Administration until after Tuesday’s primary. Attorney General Phil Weiser has filed at least 66 lawsuits against the...

Peter Thiel’s Private Club Includes Active-Duty Intelligence Officer

(José Niño, Headline USA) Pentagon officials opened an investigation following a security lapse at Dialog, the invitation-only events group that Peter Thiel helped establish, which left personal details of American intelligence personnel accessible online, Wired reported. The exposed records included information about a National Security Council intelligence official and an...

Billionaire Leon Black Defends $158M Paid to Jeffrey Epstein

(Headline USA) Billionaire investor Leon Black said Friday that Jeffrey Epstein deceived him during a yearslong relationship in which he paid the disgraced financier $158 million, but insisted he committed no criminal wrongdoing as he appeared before the House Oversight Committee. Black is the 16th person to appear before the...

U.S. Senators File National Security Amendment Targeting Dangerous Gold Market Concentration

(Sound Money Defense League, Money Metals News Service) A bipartisan group of U.S. Senators sponsoring the System Integrity through Licensed Vault Expansion and Resilience (SILVER) Act filed the legislation as an amendment to the National Defense Authorization Act for Fiscal Year 2027 (NDAA), further elevating the issue of geographic...
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