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Hurry Up and Wait! The Fed Stands Pat at July Meeting

(Mike Maharrey, Money Metals News Service) As widely expected, the Federal Reserve maintained its wait-and-see position, taking no interest rate action during the July FOMC meeting. However, there were some evident cracks in the committee as two members dissented from the majority decision. It was the first time multiple committee...

Platinum Surge and the Gold Repatriation Revolution: Why the World Is Rethinking Precious Metals

(Money Metals News Service) In this week's Money Metals Midweek Memo, host Mike Maharrey returned from a cross-country hockey tournament to dig into two massive stories shaping the precious metals landscape: platinum’s under-the-radar explosion in value and the growing trend of nations demanding their gold be brought home. Together, these shifts...

Republicans Accuse Dems of ‘Obstruction,’ Delaying Passage of Govt Funding Bills

(Thérèse Boudreaux, The Center Square) Senate Republicans continue to hit roadblocks in their race to pass the 12 appropriations bills funding federal agencies for fiscal year 2026 by the Sept. 30 deadline. Although Republicans originally planned to craft and pass the government funding bills soon after the One Big Beautiful...

Union Pacific, Norfolk Southern to Create First Transcontinental Railroad

(Dan McCaleb, The Center Square) Union Pacific and Norfolk Southern plan to create America’s first transcontinental railroad through a merger, connecting over 50,000 route miles across 43 states from the East Coast to the West Coast, the companies announced Tuesday. The effort will link about 100 ports across North America,...

Hawley Proposes Tariff Rebate Checks for Working Americans

(Brett Rowland, The Center Square) U.S. Sen. Josh Hawley, R-Mo., introduced a bill Monday to send a tariff rebate check to every working American. President Donald Trump voiced support for this policy as recently as Monday morning when he discussed record-breaking tariff revenue. "Working people need relief now," Hawley wrote in...

How ‘Non-Profit’ Status Allows R&D Groups to Hire Unlimited Foreign Workers

(José Niño, Headline USA) Qualified non-profit organizations are allowed to bypass restrictions on hiring foreign workers. Research suggests that scientific groups are exploiting this loophole at the expense of the American labor force. Activist and U.S. Senate candidate Virgil Bierschwale has spotlighted one such non-profit, Battelle Memorial Institute, for allegedly...

Indian Gold Investment Demand Momentum Continues

(Mike Maharrey, Money Metals News Service) High prices continue to put a drag on Indian gold jewelry sales even as investment buying surges. India ranks as the second-largest gold market globally behind China. Gold extended its gains in July, remaining the top Indian investment class with a 28 percent gain on...

Trump Approves a Series of Arms Deals for Ukraine Totaling $652 Million

(Dave DeCamp, Antiwar.com) The State Department has approved a series of potential arms deals for Ukraine totaling $652 million as the Trump administration continues to take steps to fuel the proxy war with Russia. The Pentagon’s Defense Security Cooperation Agency (DSCA) announced on Wednesday that two potential Foreign Military Sales...

Central Banks Fuel Gold Rush While U.S. States Reclaim Sound Money Principles

(Money Metals News Service) In a July 2025 episode of Commodity Culture, host Jesse Day of VRIC Media interviewed Jp Cortez, Policy Director and Executive Director at the Sound Money Defense League and representative of Money Metals Exchange. Their discussion spanned central bank gold buying, the global de-dollarization movement, and recent legislative efforts...

House Ethics Panel Spanks AOC for Met Gala Attendance

(Headline USA) The House Ethics Committee on Friday told Rep. Alexandria Ocasio-Cortez to make additional payments for her attendance at the 2021 Met Fashion Gala, where she drew attention for wearing a dress adorned with the message “tax the rich." The ethics panel, which found the New York Democrat had underpaid...

Women Love Gold! And Not Just Jewelry

(Mike Maharrey, Money Metals News Service) Women love gold! The popularity of gold jewelry makes this pretty apparent. But that’s not the full extent of women’s love affair with the yellow metal. American women also tend to prefer gold as an investment. A recent survey by the World Gold Council...

Can Ammon Bundy Escape a $52 Million Judgment w/ Bankruptcy?

(José Niño, Headline USA) As rancher Ammon Bundy’s legal battles mount, a federal judge prepares to rule on whether his bankruptcy can erase a massive judgment stemming from a high-profile hospital defamation case. Bundy's bankruptcy stems from a protest Bundy organized at St. Luke’s Health System in March 2022, after...
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