Friday, June 20, 2025

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Indians Turning to Gold as Stocks Sag

(Mike Maharrey, Money Metals News Service) Indian investors are turning to gold as the domestic stock market tanks. This isn't a surprise, but there is a twist. Indians are increasingly turning to ETFs to gain exposure to the yellow metal. Indians have a long love affair with gold. The country ranks...

China’s Gold Reserves Going Through the Roof

(Jan Nieuwenhuijs, Money Metals News Service) The People’s Bank of China (PBoC) continues to buy unprecedented amounts of gold as the global financial is deleveraging (i.e. investors exchange credit assets for gold). In 2024, the Chinese central bank covertly bought 570 tonnes, encouraging gold’s ascent in global international reserves by 4%, the...

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...
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