(José Niño, Headline USA) National security adviser Michael Waltz continues to face scrutiny after he included Jeffrey Goldberg, the editor-in-chief of The Atlantic, in a Signal chat where war plans about bombing Yemen were being discussed.
On Wednesday, it was revealed that his Venmo friend list was publicly accessible until...
(Mike Maharrey, Money Metals News Service) Gold has broken above $3,000 and appears poised to push even higher. So far, platinum has not followed gold’s lead but seems to be watching from the sidelines.
What is causing this divergence?
Over the last two years, platinum has shown a moderate correlation with...
(Money Metals News Service) In this week’s episode of the Money Metals Midweek Memo, host Mike Maharrey issued a stark warning about the state of the U.S. economy, monetary policy, and the Federal Reserve’s quiet but significant moves.
Maharrey argued that the economy is addicted to easy money, comparing it to...
(Kenneth Schrupp, The Center Square) Los Angeles is seeking a $1.9 billion state bailout after receiving $2.5 billion in state aid thus far.
Los Angeles faces a $1 billion deficit due to spending vastly outpacing revenues — issues that predated the fire and which City Controller Kenneth Mejia has long...
(Maire Clayton, Headline USA) President Donald Trump and his administration revealed more ways the government was wasting money in a Monday meeting.
The Department of Government Efficiency found that millions of dollars in loans were being given to children.
“One case of fraud was with the Small Business Administration, where they...
(Jesse Colombo, Money Metals News Service) Copper broke out to a new all-time high yesterday, signaling the start of a powerful bull market—one that’s likely to unfold as part of a broader, long-term commodities supercycle.
Of course, I’ve been bullish on copper for several months. My view was that copper...
(Sound Money Defense League, Money Metals News Service) Slapping small-time savers in the face for the second time in 12 months, Kentucky Gov. Andy Beshear has again vetoed a bill that would end sales taxes on purchases of precious metals.
House Bill 2, introduced by Rep. TJ Roberts, enjoyed overwhelming...
(Maire Clayton, Headline USA) Minnesota Governor Tim Walz backtracked Saturday after saying he enjoyed watching Tesla stock go down.
"I have to be careful about being a smart-ass. I was making a joke," he stated. "These people have no sense of humor. They are the most literal people."
https://twitter.com/CollinRugg/status/1903605326999671028
He admitted he...
(Headline USA) President Donald Trump announced on Monday plans to impose a 25% tariff on all imports from countries purchasing oil or gas from Venezuela, in addition to new tariffs directly targeting the South American nation itself.
In a statement posted on Truth Social, Trump described Venezuela as “very hostile”...
(Dave Mason, The Center Square) 23andMe, the prominent San Francisco genetic testing company that helps customers determine their ancestry, has filed for bankruptcy.
Additionally, CEO Anne Wojcicki has resigned, effective immediately, the health care and biotechnology company said in a news release Sunday announcing the Chapter 11 bankruptcy.
Wojcicki wrote on...
(Mike Maharrey, Money Metals News Service) The Federal Reserve lost $77.6 billion in 2024. And by the way, a Fed loss is ultimately your loss.
The central bank began bleeding red in late 2022. In 2023, it reported an operating loss of $114 billion.
On top of its operating loss, the...
(José Niño, Headline USA) A recent study reveals a staggering financial burden on U.S. taxpayers, exceeding $1 billion yearly, due to a legal provision enabling pharmaceutical giants to deduct their marketing expenses.
This finding, released last Tuesday by The Campaign for Sustainable RX Pricing (CSRxP), sheds light on the significant...