Monday, July 14, 2025

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Gold’s Rise and Economic Insights: A Midweek Memo

(Money Metals News Service) In this week's episode of "Money Metals Midweek Memo," host Mike Maharrey delves into the often overlooked yet significant realm of gold investment, drawing an engaging parallel between gold's market perception and a personal anecdote from his school days about a girl named Bertha.  Much like...

How Much Economic Growth Can Americans Put on Their Credit Cards?

(Mike Maharrey, Money Metals News Service) After moderating credit card spending in January, American consumers pulled out the plastic yet again in February. Credit card balances surged, driving overall consumer debt up by another $14.1 billion, a 3.4 percent annual increase. Americans now owe $5.05 trillion in consumer debt, according to...

Zimbabwe Gets Gold-Backed Currency, But It Won’t Solve Root Issue

(Mike Maharrey, Money Metals News Service) On Friday, Zimbabwe officials introduced a gold-backed currency in an effort to stabilize the economy. But the root of the country’s problem remains – the government. The ZiG (Zimbabwe gold) will replace the Zimbabwean dollar (RTGS) over the next month. The currency will be...

Peekaboo’s New Lawfare Victim: Va. Company Owes $811M for Defrauding Illegals

(Headline USA) A company that provides services for immigrants in federal detention was ordered Tuesday to pay more than $811 million in restitution and penalties in a lawsuit alleging it used deceptive and abusive tactics. Nexus Services must pay roughly $231 million in restitution as well as penalties of $13.8 million to...

Trump Sues Trump Media Co-Founders, Seeking to Void Their Stock Holdings

(Headline USA) Donald Trump is suing two co-founders of Trump Media & Technology Group, the newly public parent company of his Truth Social platform, arguing that they should forfeit their stock in the company because they set it up improperly. The former U.S. president's lawsuit, which was filed on March 24 in...

Google to Purge Billions of Files w/ Personal Data in Chrome Settlement

(Headline USA) Google has agreed to purge billions of records containing personal information collected from more than 136 million people in the U.S. surfing the internet through its Chrome web browser. The massive housecleaning comes as part of a settlement in a lawsuit accusing the search giant of illegal surveillance. The...

Money Metals Exchange: A Vanguard in Precious Metals and Sound Money Advocacy

(Money Metals News Service) In a recent episode of "Gold Chain IQ," Stefan Gleason, a key figure from Money Metals Exchange (aka Money Metals), shared insights into the precious metals industry, focusing on education, the importance of sound money, and a groundbreaking development in Idaho for a new depository. Stefan...

AT&T Notifies Users of Data Breach

(Headline USA) AT&T said it has begun notifying millions of customers about the theft of personal data recently discovered online. The telecommunications giant said Saturday that a dataset found on the “dark web” contains information such as Social Security numbers for about 7.6 million current AT&T account holders and 65.4...

Three Key Ways Gold Can Enhance Your Investment Portfolio

(Mike Maharrey, Money Metals News Service) Why should you have gold in your portfolio The World Gold Council puts it this way in its recent report Gold as a Strategic Asset.  "Gold has a key role as a strategic long-term investment and as a mainstay allocation in a well-diversified portfolio....

Eric Adams Defends Giving Illegals Pre-Paid Credit Cards

(Headline USA) New York City Mayor Eric Adams defended the city’s new policy of giving pre-paid credit cards to illegal immigrants, claiming it would be fraud resistant. The pilot program, which started this week, will provide 10 families with debit cards that they can use for food, groceries and baby supplies....

Trump’s Truth Social Stock Nearly Doubles in Value after Going Public

Editor's note: In the interest of full disclosure, the editor of this piece recently invested in four shares of DWAC (now DJT) stock. Much of the report is drawn from the Associated Press, with some supplementary comments from Headline USA to add additional context. (Headline USA) On its first day...

Amid Supply Shortage, Chick-fil-A Reconsiders Its ‘No Antibiotics’ Policy

(Headline USA) The fast-food chain Chick-fil-A backtracked from its decade-old “no antibiotics ever” pledge intended to help prevent human antibiotic resistance linked to the rampant use of the drugs in livestock production. Instead, it will embrace a standard known as “no antibiotics important to human medicine,” often abbreviated as NAIHM,...
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