Saturday, May 16, 2026

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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...

Millions in Medical Bills Lead to Demand for Price Transparency Policies

(Emily Rodriguez, The Center Square)  A new report shows hospitals in Virginia filed 1.15 million lawsuits against patients over unpaid medical bills between 2010 and 2024, collecting $1.4 billion. PatientRightsAdvocate.org collaborated with George Washington University Law School and Stanford University’s Clinical Excellence Research Center to research Virginia court records, revealing...

Chinese Sulfuric Acid Export Ban Could Exacerbate Physical Silver Shortage

(Mike Maharrey, Money Metals News Service) A move by China could exacerbate already tight silver supplies. Chinese officials have indicated they will stop exports of sulfuric acid beginning next month. The ban could last through the rest of 2026. According to Mining.com, “Some sulfuric acid producers in the country recently received notifications...

Astronauts Looking Through Gold-Colored Visors

(Mike Maharrey, Money Metals News Service) I’ve got a good story for the knuckleheads who run around claiming “gold is useless.” Yes, people really do say that. So, you’ve heard of people looking at the world through rose colored glasses? Well, when astronauts finally walk on the moon again, they’ll be...

Trump’s Total 2027 National Security Spending Will Exceed $2.5 Trillion

(Dave DeCamp, Antiwar.com) The true total of US national security spending in 2027 will exceed $2.5 trillion, far beyond the already record-shattering $1.5 trillion military budget President Donald Trump has requested, according to veteran defense analyst Winslow Wheeler. Wheeler, who spent decades working in Washington for senators and the Government...

ETFs Dumped Gold in March Except In Asia

(Mike Maharrey, Money Metals News Service) Unsurprisingly, given the significant price corrections in January and after the onset of the Iran conflict, significant amounts of metal flowed out of gold ETFs in March. However, it was a tale of regions, with North American funds accounting for the bulk of...

Kathy Hochul Ally Caught In Migrant Shelter Scandal

(Luis Cornelio, Headline USA) New York Gov. Kathy Hochul’s running mate, Adrienne Adams, funneled $435,000 in taxpayer dollars to a Brooklyn-based migrant shelter provider now under federal corruption probe, according to a Sunday report. Adams, the former speaker of the New York City Council, used her office’s discretionary funding to steer...

Top 5 Reasons to Store Your Gold and Silver at Money Metals Depository

(Joshua D Glawson, Money Metals News Service) “If you don’t hold it, you don’t own it” is one of the most common phrases in the precious metals investing sphere. It is an axiom that reflects the desire to eliminate counterparty risk, and consciously deciding to hold all of one’s own...

AIPAC-Funded Congressman Leads Bipartisan Amnesty Push

(José Niño, Headline USA) A bipartisan immigration bill gaining traction in Congress has sparked accusations that the Trump administration is preparing a mass amnesty for illegal immigrants, with critics drawing connections to the policy priorities of the late casino magnate Sheldon Adelson. Journalist Chris Menahan tweeted that "AIPAC-funded GOP Rep....

War Headlines Shook Prices, but the Bigger Silver Story Is Still Intact

(Money Metals News Service) In this Money Metals podcast episode, host Mike Maharrey welcomed silver market specialist Peter Krauth, author of The Great Silver Bull and publisher of Silver Stock Investor, for a wide-ranging discussion on war, inflation, interest rates, debt, industrial demand, physical silver supply, and the long-term outlook for silver. Krauth’s core...

National Debt Over 4x Greater Than Reported, Accounting Group Says

(Thérèse Boudreaux, The Center Square) The U.S. Treasury says the national debt is roughly $39 trillion, but a nonpartisan accounting group estimates that the true number is $170.3 trillion. Unlike the Treasury’s calculations, Truth in Accounting included all of the federal government’s unfunded obligations in its debt assessment, including unfunded...
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