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Georgia the Latest Country to Join the Central Bank Gold Rush

(Mike Maharrey, Money Metals News Service) Georgia has joined the growing list of countries expanding their gold reserves. Last month, the National Bank of Georgia (NBG) purchased $100 million in gold. At the average gold price in May, that amount would buy approximately 22,000 ounces (0.7 tonnes) of gold. The purchase...

Chinese Gold Imports Hit Two-Year High in May

(Mike Maharrey, Money Metals News Service) Chinese gold imports surged to the highest level in two years last month despite sagging prices and cooling demand. According to the latest customs data, China imported 163 tonnes of gold in May. The last time we saw imports at that level was March...

ActBlue Refusing to Comply with Congressional Subpoenas, House GOP Says

(Ken Silva, Headline USA) House Republicans said Monday that they’re planning to hold the pro-Democrat political action committee ActBlue in contempt of Congress for refusing to comply fully with their subpoenas. “For more than a year, the Committees have conducted oversight regarding ActBlue's fundamentally unserious approach to fraud prevention, which may...

Stefan Gleason: Gold, Fort Knox, and the Dollar’s Future

(Money Metals News Service) In a recent interview on the Pinnacle Digest Podcast, host Aaron Hoddinott sat down with Money Metals President and CEO Stefan Gleason to discuss central bank gold buying, Federal Reserve policy, the future of the U.S. dollar, and the growing debate surrounding America's gold reserves. Gleason argued that the...

U.S. Government Runs Another Big Budget Deficit as Tariff Revenue Goes Negative

(Mike Maharrey, Money Metals News Service) After running a surplus in April thanks to an influx of income tax revenue, the U.S. government returned to the status quo and ran a big deficit in May. The Trump administration spent $292.65 billion more than it took in as revenues dipped due...

RIP Alan Greenspan, Schizophrenic Gold Bug

(Stefan Gleason, Money Metals News Service) Chairman Alan Greenspan has now passed from the scene at the age of 100. Greenspan parlayed his sound-money bona fides into the top post at America's central bank and the stewardship of the world's dominant fiat currency. In betrayal of his own stated free-market principles, Greenspan...

Donald Trump Slams Illinois Governor After Deadly Chicago Weekend

(José Niño, Headline USA) President Donald Trump challenged Illinois Democratic Governor JB Pritzker to seek federal assistance after a bloody weekend left multiple dead and dozens injured across Chicago, Just the News reported. "Why isn't Governor Pritzker calling me for help," Trump wrote Sunday morning on Truth Social. "I could...

‘Toy Story 5’ Rakes in the Biggest Box-Office Debut of the Year

(Headline USA) “Toy Story” still has a friend in moviegoers. The fifth installment in the Pixar series debuted with $160 million in domestic ticket sales, according to studio estimates Sunday, easily setting a new franchise record and notching the biggest opening weekend of the year. Launching 31 years after the original “Toy...

Pentagon Tells Lawmakers It Needs Additional $80 Billion for Iran War and Other Costs

(Dave DeCamp, Antiwar.com) The Pentagon has told Congress that it needs $80 billion to pay for the Iran war and other non-war-related costs, The Wall Street Journal has reported. The Pentagon had previously claimed that the war cost $29 billion as of mid-May, a number that doesn’t hold up to scrutiny,...

Bezos: WaPo Was His Worst Investment Due to ‘Terrible’ Employees

(Ben Sellers, Headline USA) Multibillionaire Jeff Bezos griped to President Donald Trump about having made a bad investment in his 2013 purchase of the Washington Post, saying “The people there are terrible,” according to a new book by two reporters from the rival New York Times. https://twitter.com/JonathanTurley/status/2067704286742528337 Jonathan Swan and Maggie...

Billionaire Tax Officially Heads to Nov. 3 Ballot

(Madeline Shannon, The Center Square) The controversial union-backed billionaire tax in California is officially heading to the Nov. 3 ballot. Secretary of State Shirley Weber announced the California Billionaire Tax Act exceeded the number of signatures it needed to qualify for the general election. The initiative aims to impose a one-time...

MAGA Influencer Civil War Erupts Over Foreign Cash

(José Niño, Headline USA) A bitter feud has erupted among the social media personalities who helped propel Donald Trump back to power, with former allies now trading accusations about who is secretly taking money from foreign governments, according to the Daily Mail's investigation. The group of content creators that once...
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