Sunday, May 3, 2026

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Indian Silver Imports Surge to Record Levels

(Mike Maharrey, Money Metals News Service) Indians are known to have a love affair with gold. India ranks as the number two gold-consuming country in the world behind only China.  But Indians are also pretty fond of silver. In fact, India is the world's biggest silver consumer.  And Indian silver...

Ex-Chief of Staff Blasts Biden for Mishandling Inflation, Economy

(Headline USA) Former White House chief of staff Ron Klain blasted President Joe Biden over his handling of inflation and the economy, according to a leaked audio recording obtained by Politico. The audio was recorded during a private event at which Klain was a speaker, hosted by the website Democracy: A...

CPI Came in Hotter Than Expected – Again

(Mike Maharrey, Money Metals News Service) It appears cooling price inflation was “transitory” to borrow a favorite Federal Reserve term from a bygone era. The Consumer Price Index (CPI) for March was hotter than expected by every metric. The consensus was price inflation would show some resilience. As one analyst told...

Gold’s Rise and Economic Insights: A Midweek Memo

(Money Metals News Service) In this week's episode of "Money Metals Midweek Memo," host Mike Maharrey delves into the often overlooked yet significant realm of gold investment, drawing an engaging parallel between gold's market perception and a personal anecdote from his school days about a girl named Bertha.  Much like...

How Much Economic Growth Can Americans Put on Their Credit Cards?

(Mike Maharrey, Money Metals News Service) After moderating credit card spending in January, American consumers pulled out the plastic yet again in February. Credit card balances surged, driving overall consumer debt up by another $14.1 billion, a 3.4 percent annual increase. Americans now owe $5.05 trillion in consumer debt, according to...

MSNBC Laments Trump’s $50M Fundraiser: ‘Luckiest Guy in the World’

(Headline USA) MSNBC host Stephanie Ruhle reacted on Sunday to news of former President Donald Trump’s latest fundraising haul by complaining that Trump is the “luckiest man in the world.” In an appearance on Inside with Jen Psaki, Ruhle admitted that Trump’s $50.5 million haul from one fundraising event last quarter...

Media Elite Belittle Inflation Struggles of Ordinary Americans

(Clint Siegner, Money Metals News Service) A top writer for the Wall Street Journal thinks Americans who complain about the economy just aren't aware of how good things are. Chief Economics Commentator Greg Ip wrote a gaslighting article last week with the headline, "What's Wrong With the Economy? It's You,...

Zimbabwe Gets Gold-Backed Currency, But It Won’t Solve Root Issue

(Mike Maharrey, Money Metals News Service) On Friday, Zimbabwe officials introduced a gold-backed currency in an effort to stabilize the economy. But the root of the country’s problem remains – the government. The ZiG (Zimbabwe gold) will replace the Zimbabwean dollar (RTGS) over the next month. The currency will be...

GMA Host Michael Strahan Stunned at Grocery Prices in Biden Era: ‘Wow’

(Luis Cornelio, Headline USA) The impact of Bidenflation has reached the hosts of ABC News's Good Morning America, as one host was left stunned after learning about the soaring grocery prices.  During a Friday segment comparing grocery prices from 2019 to 2024, co-host Michael Strahan appeared visibly shocked as his colleague...

6 States Report Spread of ‘Super Bird Flu’ to Cows; Human Case Emerges

(Jacob Bruns, Headline USA) A new livestock-borne virus that has contributed to the surging prices of chicken and eggs, forcing Chick-fil-A to backtrack on its longstanding policy against the use of antibiotics, may now be threatening cows and even humans, raising anxieties about potential food shortages, another pandemic or...

Cash-Strapped NYC Plans to Charge Commuter Toll to Marathon Runners

(Headline USA) The New York City Marathon organizers will soon have to pay a bridge toll, just like every other commuter, if New York transit officials have their way. The Metropolitan Transportation Authority is demanding the New York Road Runners, organizers of the venerable race generally held the first Sunday of each...

Biden Review Board Blames Microsoft for Chinese Hack of Top Gov’t Officials, Demands ‘Overhaul’

(Headline USA) In a scathing indictment of Microsoft corporate security and transparency, a Biden administration-appointed review board issued a report Tuesday saying “a cascade of errors” by the tech giant let state-backed Chinese cyber operators break into email accounts of senior U.S. officials including Commerce Secretary Gina Raimondo. The Cyber Safety Review...
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