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Tuesday, November 5, 2024

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Hunter Biden’s Sugar Brother ‘Tapped Out,’ Will No Longer Cover His Legal Expenses

(Headline USA) Hunter Biden’s “sugar brother,” Kevin Morris, reportedly told his associates that he can no longer cover the first son’s legal expenses. The development comes as Hunter Biden is set to face two trials starting next month. “The reason Kevin got involved financially in the first place was that he could...

Several States Take Steps to Block a Central Bank Digital Currency

(Mike Maharrey, Money Metals News Service) Several states have taken action over the last two years in an effort to block the implementation of a central bank digital currency (CBDC) in the United States. Indiana was the first state to pass legislation relating to central bank digital currency. Enacted in...

Understanding Roosevelt’s 1933 Gold Confiscation

(Money Metals News Service) In this episode of the Money Metals Midweek Memo, host Mike Maharrey delves into the topic of Franklin D. Roosevelt's gold confiscation during the Great Depression, framed within a broader discussion of government power and individual compliance. Personal Anecdotes and Government Compliance Maharrey begins by relating his...

Americans Aren’t Convinced the Fed Is Winning the Inflation Fight

(Mike Maharrey, Money Metals News Service) Fed officials and people in the Biden administration insist "we" are making progress in tamping down price inflation. Many market analysts are optimistic enough to believe that the central bank will be able to cut interest rates this fall. But the average American isn't...

Will the United States Become the Next Argentina?

(Stefan Gleason, Money Metals News Service) Let’s give credit where credit is due. Facing down a record-high budget deficit and an entrenched inflation problem, the government is finally embracing fiscal responsibility in a significant way. Thanks to sweeping spending cuts enacted this year, the government has posted three consecutive monthly...

The Resurgence of Gold and Silver as Legal Tender: An Interview with Jp Cortez on Kitco News

(Money Metals News Service) In a recent episode of Kitco News, host Jeremy Szafron spoke with Jp Cortez, Executive Director of the Sound Money Defense League, about the resurgence of gold and silver as legal tender in the United States. This initiative, led by Sound Money Defense League and Money Metals Exchange,...

Senators from 17 States Want Postal Service to Pause 10-year Plan to Save $160B

(Joe Mueller, The Center Square) – A bipartisan group of 26 U.S. senators from 17 states are urging leaders of the U.S. Postal Service to delay execution of its strategic plan. “We call on you to pause planned changes to the U.S. Postal Service’s processing and delivery network under the ‘Delivering...

Convenience Store Gold Flying Off Shelves in Korea!

(Mike Maharrey, Money Metals News Service) Tiny bars of gold are flying off the shelves in South Korean convenience stores. This is yet another example of the movement of gold from West to East. Korea’s largest convenience store chain, CU, has teamed up with Korea Minting and Security Printing Corporation...

What Is Fiat Money and Why Is It a Problem?

(Mike Maharrey, Money Metals News Service) If you follow alternative financial media, you'll often hear dollars derisively referred to as "fiat currency." What exactly does this term mean and why is it often used as a slur? Investopedia defines fiat money as a government-issued currency not backed by a physical...

23 State AGs Call on Congress to Defund UN Agency w/ Ties to Hamas Terrorism

(Bethany Blankley, The Center Square) A coalition of 23 attorneys general led by Utah and South Carolina have called on Congress to permanently defund a United Nations agency after learning of its ties to the terrorist organization Hamas. “The United States must stop funding antisemitic education efforts run by the...

Liberals Feign Surprise that Soros Is Funding Student Protests

(Molly Bruns, Headline USA) Democrats and the left-leaning mainstream media are apparently just now discovering that big donors such as Bill Gates and George Soros are supporting the pro-Palestine protests on college campuses. Many of the organizations, such as Jewish Voice for Peace and IfNotNow, are responsible for the recent rash...

Could Chinese Gold Be the Straw That Breaks the Dollar’s Back?

(Mike Maharrey, Money Metals News Service) There are cracks in the foundation of dollar dominance. Could Chinese gold be the straw that breaks the dollar’s back?  In a column published by the Telegraph, economist Julian Jessop points out that people have been predicting the dollar's demise for decades. Eventually, they'll...
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