Saturday, July 18, 2026

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Sound Money Defense League Applauds President Trump’s New Call for Fort Knox Gold Audit, Urges Immediate Action on Gold Reserve Transparency Act

(Sound Money Defense League, Money Metals News Service) Following President Donald Trump’s Truth Social post declaring “TIME TO AUDIT FORT KNOX,” the Sound Money Defense League today urged Congress to take immediate action on the Gold Reserve Transparency Act, which is pending in both the U.S. House and Senate. President Trump has now...

New Jersey City Faces Curfew after Violent Anti-ICE Demonstrations

(Chris Wade, The Center Square) A nighttime curfew remains in effect outside of a New Jersey ICE detention center Monday after days of violent confrontations with demonstrators that prompted Gov. Mikie Sherrill to deploy state police to restore order. Newark Mayor Ras J. Baraka enacted the 9 p.m. to 6...

Australian Prospectors Say Getting Gold Isn’t As Easy as It Looks!

(Mike Maharrey, Money Metals News Service) I want gold. But I don’t want to dig. When I was a kid, my mom used to tell me I’d better do my homework, or I would end up digging ditches for a living. In retrospect, there could have been worse fates than...

US Jobless Claims Rise to 215,000, But Layoffs Remain Low

(Headline USA) More Americans sought unemployment benefits last week, but layoffs remain low despite economic uncertainty caused by the Iran war. The Labor Department reported Thursday that jobless claims were up to 215,000, up from 210,000 the week before. The four-week moving average of claims, which smooths out week-to-week volatility, rose...

$40 Million in Gov’t Black-Budget Gold Seized from Ex-CIA Officer’s Home

(Ken Silva, Headline USA) A former senior CIA official has been implicated in a scheme to apparently steal some $40 million in gold bars that he has obtained from the government for unspecified “work-related expenses.” The ex-CIA official, David Rush, was arrested on May 19, a day after the FBI...

How Will Higher Import Taxes Impact Indian Gold and Silver Markets?

(Mike Maharrey, Money Metals News Service) Earlier this month, the Indian government hiked the import duty on precious metals from 6 percent to 15 percent in an attempt to moderate the country's trade deficit and support the rupee. How will this tax increase likely impact the gold market in India? Not as much...

Government Spending on Seniors’ Benefits Soon to Make Up Majority of Federal Budget

(Thérèse Boudreaux, The Center Square) More than half of the federal budget will go toward benefits for Americans 65 years and older by 2036, and that percentage is set to only grow, a recent congressional report finds. The Joint Economic Committee’s 2026 report shows that non-interest federal spending on Social...

Farmland Prime for Data Centers, But at What Cost?

(Lauren Jessop, The Center Square) Data center developers are increasingly targeting agricultural land for new projects, and residents in affected communities are mounting opposition, concerned about the industrialization of their farmland. At the same time, Gov. Josh Shapiro’s administration is pursuing two priorities that can be difficult to balance: attracting...

Foreign Central Banks Dumping U.S. Treasuries

(Mike Maharrey, Money Metals News Service) There is a lot of talk about whether the Federal Reserve should raise interest rates, but in fact, the market is hiking rates with or without central bank cooperation. Treasury yields have crept relentlessly higher over the last several months, signaling significant stress in...

Ask Mike Anything: Gold, Silver, Fiat Failure, and Why Movement Matters

(Money Metals News Service) Mike Maharrey opened this Midweek Memo with a different format: an unscripted “Ask Mike Anything” episode recorded ahead of travel. Instead of a prepared monologue, he answered listener questions on sound money, precious metals, inflation, AI, Federal Reserve policy, and even his longevity as a...

Virginia Revenues Surge Amid Data Center Debate

(Shirleen Guerra, The Center Square) Virginia revenues are running hundreds of millions of dollars ahead of forecast, but lawmakers warned Tuesday that slowing job growth, inflation and uncertainty tied to healthcare and federal funding are still creating pressure on Virginia’s budget talks. During a Senate Finance and Appropriations Committee meeting,...

US Prosecutors Drop Fraud Charges Against Billionaire Indian Businessman Gautam Adani

(Headline USA) U.S. prosecutors asked a judge Monday to dismiss criminal fraud and conspiracy charges against Indian billionaire Gautam Adani, who had been accused of duping Wall Street investors who poured billions of dollars into a massive solar project in India. Adani, one of the world's richest people, was accused...
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