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Sunday, December 22, 2024

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We Are So Back: Trump Demands NATO Free-Riders Boost Contributions to 5%

(Luis Cornelio, Headline USA) President-elect Donald Trump’s team has informed members of the North Atlantic Treaty Organization (NATO) that they must increase their military spending to at least 5% of their GDP.  This proposed increase, first reported by The Telegraph and the Financial Times, would more than double current spending levels,...

Illegal Aliens Whine about Frozen Meals in Tax-Funded Luxury Hotels

(Luis Cornelio, Headline USA) Some illegal aliens apparently never heard of the phrase, “beggars can’t be choosers,” unashamedly complaining that taxpayers are only footing their luxury hotel stays and frozen meals.  Two individuals, seemingly residing in the U.S. unlawfully, aired their grievances during an interview on The Nate Friedman Show, voicing...

Could the Rapid Growth of AI Boost Gold Demand?

(Mike Maharrey, Money Metals News Service) Could the Artificial Intelligence (AI) revolution boost gold demand? According to a report by the World Gold Council, the answer is yes. Gold's excellent conductivity and its malleability make it an important component in the manufacture of electronic devices. Gold can be formed into...

Post-Election Markets: Inflation, Debt, and the Case for Precious Metals

(Money Metals News Service) In this week’s Money Metals Midweek Memo, host Mike Maharrey examines the post-election economic landscape following Donald Trump’s victory. He discusses how the financial markets have responded, the persistence of inflation, and the challenges of monetary policy. Maharrey also underscores the importance of precious metals as...

Comcast Moves Away from Leftist MSNBC in Post-Election Spinoff

(Julianna Frieman, Headline USA) Comcast, the parent company of NBCUniversal, announced Wednesday that it will spin off many of its cable television networks—including MSNBC. Just two weeks since President-elect Donald Trump won a second term, Comcast made public its plan to distance itself from leftist MSNBC, home of Trump-bashing regulars Joe...

U.S. Will Send Ukraine at Least $275 Million in New Weapons

(Headline USA) The Pentagon will send Ukraine at least $275 million in new weapons, U.S. officials said Tuesday. The latest tranche of weapons comes as both Ukraine and Russia push to gain an advantage. In rapid succession this week, President Joe Biden gave Ukraine the authority to fire longer-range missiles deeper...

Indian Gold Demand Strong During Diwali, Despite Record High Prices

(Mike Maharrey, Money Metals News Service) Indian gold demand held up during the Diwali season despite surging prices, as festival buying was boosted by strong investment demand. Diwali is the Hindu festival of lights. It is considered an auspicious time to buy gold, and many Indian couples choose to get...

NYT Details Stunning Harris Campaign Expenditures: $100M Per Week

(Ken Silva, Headline USA) In the wake of Vice President Kamala Harris’s failed 2024 presidential election run, numerous observers expressed bewilderment at how her campaign could have spent a reported $1 billion in about 15 weeks. But it turns out, that $1 billion estimate was incorrect. The Harris campaign actually...

Biden Admin. Kicks Off FY2025 w/ Yet Another Big Budget Deficit

(Mike Maharrey, Money Metals News Service) After running the third-largest budget deficit in history in fiscal 2024, the Biden administration kicked off fiscal 2025 in a similar manner. The federal government ran a $257.45 billion budget shortfall to start the new fiscal year, with revenue down and spending up, according to the latest...

Gold-Backed or Bust: Judy Shelton’s Plan to Tame the Fed and Restore the Dollar

(Paul D. Mueller, Money Metals News Service) Judy Shelton has spent her career advocating for sound money. Her latest book, Good as Gold: How to Unleash the Power of Sound Money, makes an up-to-date case for reinstituting a gold standard. Her intriguing conclusion is that the dollar can be reconnected to...

Industrial Silver Demand on Pace to Set a New Record

(Mike Maharrey, Money Metals News Service) Industrial demand for silver is on track for a new record high in 2024, and the silver market is on pace for its fourth consecutive annual supply deficit.  According to the latest projections by Metals Focus for the Silver Institute, record industrial offtake, along...

Gold, Silver, and Laughs: Mike Maharrey Answers Your Precious Metals and Fun Questions!

(Money Metals News Service) In this unique “Ask Mike Anything” edition of the Money Metals Midweek Memo podcast, host Mike Maharrey tackled a wide range of audience questions on critical topics surrounding sound money, precious metals, inflation, and broader economic dynamics. Here’s a comprehensive summary of each question asked and...
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