Wednesday, November 12, 2025

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Trump Administration Officially Defunds CA’s High Speed Rail

(Kenneth Schrupp, The Center Square)  The Trump administration officially terminated its funding of California’s 171-mile high speed rail segment in the state’s more sparsely populated Central Valley, citing an inability to complete the project by the 2033 deadline. The administration also noted there's no plan for closing a $7 billion funding gap...

Is Undisclosed Russian Silver Buying Driving the Price Higher?

(Mike Maharrey, Money Metals News Service) Are undeclared silver purchases by the Russian government boosting the price of silver? There is some anecdotal evidence that they are. Silver is up nearly 28 percent this year. It briefly traded above $39 an ounce earlier this week. Silver has been set up for a rally...

Elon Musk’s AI Bot ‘Grok’ is Now Working for the Pentagon

(José Niño, Headline USA) The Pentagon has finalized a $200 million contract with xAI, granting Elon Musk’s Grok chatbot a key role in the government’s sweeping artificial intelligence expansion. Under this agreement, Grok and related xAI technologies, including the latest Grok 4 model, will be accessible for purchase via the...

Silver’s Bull Market Has Officially Begun

(Jesse Colombo, Money Metals News Service) Silver has officially broken out in a big way, kicking off its bull market. Multiple confirmations I was watching for have now been fulfilled, and silver still has plenty of fuel left in the tank. While gold soared over the past year, silver lagged...

Jamie Dimon Warns Trump on Federal Reserve Independence

(Brett Rowland, The Center Square) JPMorgan Chase boss Jamie Dimon warned President Donald Trump on Tuesday about attacks against Federal Reserve Chairman Jerome Powell, noting the importance of the Fed's independence. "Playing around with the Fed could have adverse consequences, the absolute opposite of what you might be hoping for,"...

Silver Investment Surges During First Half of 2025

(Mike Maharrey, Money Metals News Service) Through the first half of 2025, inflows of silver into ETFs eclipsed the total for the entirety of 2024, reflecting a surge of silver investment demand. The average annual price of silver rose 25 percent in H1. That was comparable to the 26 percent gain charted by...

Trump: Ukraine to Pay for More U.S. Patriot Missiles

(Dan McCaleb, The Center Square) The U.S. will send more Patriot missiles to Ukraine to help in its ongoing war with Russia but the European Union will pay for them, President Donald Trump said Sunday. "I haven't agreed on the number yet, but they're going to have some. Because they...

Scam Alert! Don’t Click That Link!

(Mike Maharrey, Money Metals News Service) The other day, I was sitting at my desk when my phone buzzed. It was a text. According to the Florida Department of Motor Vehicles (DMV), I had unpaid traffic tickets. Apparently, the FDOT moved its HQ to the Philippines, based on the phone...

Silver Upleg Imminent

(Clive Maund, Money Metals News Service) The uptrend in silver is gathering pace. On its latest 6-month chart, we can see that, after breaking sharply higher, it rose by several dollars early in June before settling into a consolidation pattern – a bull Flag – that has served to ease...

U.S. To Spend $1.5 Billion Building New Air Bases and Facilities for the Israeli Military

(Dave DeCamp, Antiwar.com) The US is poised to spend over $1 billion on building new air bases and various other types of military facilities, Haaretz reported on Tuesday, citing documents and presentations from the US Army Corps of Engineers. The construction projects include building a facility to accommodate Israel’s new KC-46...

Democrats Threaten Government Shutdown If GOP Passes $9.4 Billion Rescissions Bill

(Thérèse Boudreaux, The Center Square) As lawmakers begin crafting the 12 annual appropriations bills to fund the federal government in fiscal year 2026, Senate Minority Leader Chuck Schumer, D-N.Y., has implied that his party will refuse to cooperate in the process if Republicans revoke billions in funding from previous...

Money Metals CEO Stefan Gleason Talks Gold, Silver, and Mining Royalty Companies

(Resource Stock Digest, Money Metals News Service) Gerardo Del Real of Resource Stock Digest sat down with Stefan Gleason, president of Money Metals Exchange and a longtime advocate for sound money stewardship and smart precious metals ownership. The interview dug into why Money Metals is one of the most trusted firms in the sector and how...
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