Tuesday, January 20, 2026

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Biden Administration Runs Biggest Deficit of the Year in May

(Mike Maharrey, Money Metals News Service) The Biden administration ran the biggest monthly budget deficit of the year in May as it continues to spend money hand over fist. Federal spending overshot receipts by $347.13 billion last month, despite a 5 percent increase in revenues, according to the Monthly Treasury...

Federal Reserve Monetary Policy: Speculation and Wild Guesses

(Mike Maharrey, Money Metals News Service) It's almost as if the central bankers at the Federal Reserve are throwing darts at the wall to determine the trajectory of monetary policy. And I'm not convinced there is even a dartboard on the wall. And yet, people keep selling gold and silver based...

Hochul Backs Off ‘Congestion Pricing’ Plan to Charge NYC Commuters

(Christian Wade, The Center Square) In a stunning reversal, New York Gov. Kathy Hochul is putting the brakes on New York City's controversial congestion pricing plan, citing the cost to motorists from the new tolls. On Wednesday, Hochul announced that "after careful consideration," she has directed the Metropolitan Transportation Authority...

DOJ Charges Newspaper Executive in $67M Crypto-Laundering Scheme

Update: Following the publication of this article, The Epoch Times released the following statement: "The company intends to and will fully cooperate with any investigation dealing with the allegations against Mr. Guan. In the interim, although Mr. Guan is innocent until proven guilty beyond a reasonable doubt, the company has...

Investing in a World of Uncertainty

(Clint Siegner, Money Metals News Service) The rapidly eroding confidence in our institutions gets plenty of news coverage. We expect it will be a dominant theme for investors in the years ahead. Investing success may require correctly answering the question about what to own in a world where free market...

How the Federal Reserve Drives the Boom-Bust Cycle

(Mike Maharrey, Money Metals News Service) The Federal Reserve was sold as a way to "provide the nation with a safer, more flexible, and more stable monetary and financial system." That's not what the central bank does. In fact, the Fed destabilizes the monetary system by constantly interjecting itself into it,...

Fla. AG Moody Calls on Treasury to Stop Supporting ‘Cuba’s Communist Interests’

(Bethany Blankley, The Center Square) – Florida Attorney General Ashley Moody on Thursday called on U.S. Treasury Secretary Janet Yellen to stop the agency’s “continued support of Cuba’s communist interests.” She did so after Cuban-American lawmakers raised the alarm about Chinese spies operating in Cuba, reportedly targeting Cuban-Americans as well...

Gold & Silver May Gain Further Appeal As Chaos Hedge

(Mike Gleason, Money Metals News Service) As the criminal conviction of former President Donald Trump dominates the news cycle, investors have to be asking themselves whether the upcoming election will be anything like normal.  A potential crisis of legitimacy for America’s electoral system looms. That could bring with it a...

Louisiana Reaffirms Gold and Silver As Legal Tender

(Money Metals News Service) Louisiana Gov. Jeff Landry has signed a new law reaffirming gold and silver as legal tender, making a symbolic statement in favor of sound money principles. Senate Bill 232, sponsored by Sen. Mark Abraham, marks the sixth pro-sound money bill passed by a state this year,...

Biden Bungles Launch of 8-Figure Outreach Effort to Woo Back Blacks

(Headline USA) President Joe Biden and Vice President Kamala Harris got off to a rough start in what was touted as an aggressive and lofty plan to win back black voters who have strayed from the Democrat plantation due to the administration's awful stewardship and often cavalier, exploitative way...

OpenAI Forms Safety Committee, Starts Training New AI Model to Replace ChatGPT System

(Headline USA) OpenAI says it's setting up a safety and security committee and has begun training a new artificial intelligence model to supplant the GPT-4 system that underpins its ChatGPT chatbot. The San Francisco startup said in a blog post Tuesday that the committee will advise the full board on...

Indian Gold Demand Rebounds During Important May Festival

(Mike Maharrey, Money Metals News Service) After a tepid March and April, Indian gold demand surged during an important May festival.  India ranks as the second-largest gold market in the world behind only China.  Moderating prices helped drive a resurgence in gold demand ahead of and during the Akshaya Tritiya festival...
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