Friday, May 23, 2025

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Swap U.S. Gold Reserves for Bitcoin… Seriously?

(Clint Siegner, Money Metals News Service) Washington D.C. is still a prime breeding ground for bad ideas. One of the dumbest, and more dangerous, is the idea of swapping U.S. gold reserves for Bitcoin. In fairness, we should first mention we are encouraged by the growing acceptance by a handful...

The Coinage Act of 1792: Then and Now

(Joshua D Glawson, Money Metals News Service) Long before fiat currency, digital dollars, or cryptocurrency, America’s Founders sought to anchor the young nation’s economy in gold and silver, i.e. sound money. In fact, on April 2, 1792 – 233 years ago – President George Washington signed legislation that established America’s...

Layoffs, Leadership Turmoil and PR Scandals Spell Big Trouble for The Daily Wire

(José Niño, Headline USA) The Daily Wire is seemingly undergoing a rapid and dramatic implosion following the resignation of co-founder Jeremy Boreing.  According to a Twitter/X thread compiled by journalist James Li, the company has laid off roughly 25% of its workforce, including the complete shutdown of its kids division,...

Elon Musk Says He Doesn’t Know Whether Ashley St. Clair’s Baby is His 

(Luis Cornelio, Headline USA) Tech mogul Elon Musk has had enough of the baby momma drama.  On Monday, Musk took to X to respond to a viral video showing his alleged baby mother—conservative influencer Ashley St. Clair—selling her $100,000 Tesla, claiming Musk had slashed nearly 60% of child support payments.  The video,...

Jeffrey Epstein Abuse Survivor Says She Has Fewer than 4 Days to Live

(Ken Silva, Headline USA) Virginia Giuffre, one of the most vocal survivors of Jeffrey Epstein’s sex trafficking ring, might die before she ever sees Epstein’s co-conspirators brought to justice. Giuffre said on Sunday that she was recently hit by a bus, and has fewer than four days to live. “They've given...

‘Woke Seeds’ Found at the USDA

(Maire Clayton, Headline USA) Secretary of Agriculture Brooke Rollins took to social media Wednesday to share what her team found from former President Joe Biden's administration: "woke seeds." In the roughly one minute video, Rollins showed packs of tomato seeds with the words "growing diversity, equity, inclusion and accessibility at...

As Gold Breaks Out Why Is Platinum Watching From the Sidelines?

(Mike Maharrey, Money Metals News Service) Gold has broken above $3,000 and appears poised to push even higher. So far, platinum has not followed gold’s lead but seems to be watching from the sidelines. What is causing this divergence? Over the last two years, platinum has shown a moderate correlation with...

Copper Is Breaking Out

(Jesse Colombo, Money Metals News Service) Copper broke out to a new all-time high yesterday, signaling the start of a powerful bull market—one that’s likely to unfold as part of a broader, long-term commodities supercycle. Of course, I’ve been bullish on copper for several months. My view was that copper...

23andMe Files for Bankruptcy, CEO and Cofounder Steps Down

(Dave Mason, The Center Square) 23andMe, the prominent San Francisco genetic testing company that helps customers determine their ancestry, has filed for bankruptcy. Additionally, CEO Anne Wojcicki has resigned, effective immediately, the health care and biotechnology company said in a news release Sunday announcing the Chapter 11 bankruptcy. Wojcicki wrote on...

Big Pharma’s Billion-Dollar Ad Deduction: The Hidden Cost to Taxpayers

(José Niño, Headline USA) A recent study reveals a staggering financial burden on U.S. taxpayers, exceeding $1 billion yearly, due to a legal provision enabling pharmaceutical giants to deduct their marketing expenses. This finding, released last Tuesday by The Campaign for Sustainable RX Pricing (CSRxP), sheds light on the significant...

Idaho Reaffirms Gold and Silver As Legal Tender

(Sound Money Defense League, Money Metals News Service) For the second time this month, new sound money legislation has become law in Idaho. Faced with the overwhelming likelihood of a veto override from the legislature, liberal Idaho Governor Brad Little signed the Idaho Constitutional Money Act of 2025 reaffirming gold and silver...

High Prices Drive Indian Gold Investment Demand, Drag Down Jewelry Sales

(Mike Maharrey, Money Metals News Service) Record prices have dampened Indian gold jewelry demand but continue to drive investment buying. India ranks as the world's second-largest gold market. The gold market dynamics in India are similar to those in China. The price of gold is up 13 percent in rupee terms year-to-date, and...
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