Friday, December 12, 2025

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Navy Loses Two Aircraft from USS Nimitz Aircraft Carrier Within 30 Minutes

A fighter jet and a helicopter based off the aircraft carrier USS Nimitz both crashed into the South China Sea within 30 minutes of each other, the Navy's Pacific Fleet said.

Trump Suspends Trade Talks with Canada Over Ronald Reagan Ad

President Donald Trump suspended all trade talks with America's largest trading partner over an ad that features former President Ronald Reagan speaking about tariffs in 1987.

Putin Brushes Off New US Sanctions, Issues Warning on Tomahawk Missiles

Russian President Vladimir Putin on Thursday brushed off the new sanctions imposed by the US targeting two Russian oil companies and issued a new warning against the potential US supply of Tomahawk missiles to Ukraine…

Saxo Bank: Gold No Longer Overbought But Still Under-Owned

(Mike Maharrey, Money Metals News Service) After the big selloff in gold and silver, a Saxo Bank analyst says the metals are no longer overbought, but they are still under-owned. After peaking near $4,400 an ounce, gold got hammered lower on Tuesday and Wednesday, falling to close to $4,000 before...

Keep Your Eye on the Ball: Metals, Liquidity, Fed Pivot

(Money Metals News Service) In this Money Metals Midweek Memo, host Mike Maharrey cautions listeners against confusing market symptoms with the underlying illness. He opens with a reminder to focus on what drives prices, not just the prices themselves. That point lands as gold slips below $4,100 per ounce after a single-day...

Is Silver Overbought?

(Mike Maharrey, Money Metals News Service) Is silver overbought? Technically, yes. But that doesn’t mean the bull market is over, as some mainstream analysts would have you believe. From a technical standpoint, an asset is overbought when the price runs up extremely fast relative to the recent trend. On September 18, silver was...

London, India, and the Anatomy of a Silver Squeeze

(Mike Maharrey, Money Metals News Service) For the first time in history, India’s largest precious metals refiner ran out of silver. A convergence of factors from market dynamics to logistical problems led to this unprecedented silver shortage. While the market dynamics that got us here might be difficult to untangle,...

White House Joins Liberal App Bluesky and Trolls Trump Opponents

(Headline USA) The White House on Friday joined Bluesky, the social media platform of choice of many in the left-leaning online world. In its inaugural post, the White House account offered a sizzle reel of the administration's memes, trolls and messages from President Donald Trump’s nine months since returning to office....

Communist Party, Soros Sponsoring Anti-Trump ‘No Kings’ Protests

(Luis Cornelio, Headline USA) The anti-Trump “No Kings” protests planned for Saturday are being funded by liberal billionaire George Soros and a network of Marxist-aligned organizations.  The protests, typically marked by low turnout and vague objectives, are being held nationwide. However, one of the main rallies is set for New York City’s...

Democrats Tank Bipartisan Bill to Fund DOD in Midst of Government Shutdown

In an act of defiance, Democratic senators blocked the House-passed full-year funding bill for the Department of Defense from advancing Thursday…

Silver’s Squeeze and Gold’s Surge: Treat the Illness, Not the Symptom

(Money Metals News Service) In this Money Metals Midweek Memo, host Mike Maharrey cautions listeners against confusing market symptoms with the underlying illness. A headline-grabbing price spike seldom tells the whole story. The recent, rapid climb in both gold and silver is better understood as the result of a debt-burdened...

Could India Be the Straw That Broke the Silver Camel’s Back?

(Mike Maharrey, Money Metals News Service) Could India be the straw that broke the silver camel’s back? Most people associate India with gold, but the country also ranks as the world’s top silver consumer. As we reported yesterday, one of the reasons for silver’s surge to record levels in recent days...
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