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Nigeria Plans to Bring Gold Reserves Home to Minimize Risk

(Mike Maharrey, Money Metals News Service) Nigeria is bringing its gold reserves home to keep it safe. According to a report by The Star, Nigerian officials decided to repatriate the country’s gold in April “to mitigate risks associated with the weakening U.S. economy.” “Economic indicators such as rising inflation, escalating debt...

IRS: Illinois Loses $10 Billion in Income From 87,000 People Moving Out

(Greg Bishop, The Center Square) – More than 87,000 people moved out of Illinois taking with them nearly $10 billion in income, according to the latest Internal Revenue Service data. For the last six years, the total lost adjusted gross income is more than $47.5 billion. For nearly a decade,...

Joey Chestnut Takes Talents to Texas After Fallout with NYC Event

(Headline USA) Competitive eater Joey “Jaws” Chestnut will take his hot dog-downing talents to an army base in Texas for America's Independence Day this year after a falling out with organizers of the event that made him famous, the annual 4th of July eating contest in Brooklyn's Coney Island. Chestnut,...

House Votes to Defund Jew-Hating, Hamas-Supporting DHS Official

(Dmytro “Henry” Aleksandrov, Headline USA) On June 26, 2024, the U.S. House voted to defund a pro-Hamas Department of Homeland Security immigration officer by reducing her salary to $1 after DHS's Secretary Alejandro Mayorkas refused to fire her more than eight months after she was exposed as a raging Jew-hater. Nejwa...

Reddit Confession Unravels Foreign Student’s College Scholarship Fraud

(Jacob Bruns, Headline USA) A foreign student was arrested by police after admitting in a Reddit post to falsifying documents and lying about his life in order to attain a full-ride to Lehigh University, The Blaze reported. Aryan Anand, 19, was exposed in the wake of the post and stripped...

Tone-Deaf Kamala Wears $60K Necklace in Middle-Class Appeal

(Luis Cornelio, Headline USA) Vice President Kamala Harris sported a Tiffany necklace during a CNN interview on Thursday, just after the presidential debate, claiming she and Joe Biden fight for the American people. Yet Harris's tone-deaf interview featured an ultra-exclusive piece of jewelry costing $62,000, according to a Tiffany & Co listing...

Navigating the Economic Landscape: Insights from Axel Merk

(Money Metals News Service) In a recent episode of the Money Metals podcast, host Mike Maharrey engaged in a comprehensive discussion with Axel Merk, President and Chief Investment Officer of Merk Investments. Known for his expertise in macroeconomic trends, Merk provided valuable insights into the current financial landscape, the Federal...

Where to Invest: Let’s Break Down 3 Major Asset Classes…

(Mike Gleason, Money Metals News Service) As voters weigh their options for President, investors are weighing their options among the major asset classes. As to presidential politics, voters are left with only two options – at least among those who have been allowed into the debates and have a realistic...

What in the World Happened in 1971?

(Mike Maharrey, Money Metals News Service) A colleague recently discovered a website called "WTF Happened in 1971?" The entire main page is filled with charts and graphs. All of them show some kind of significant shift beginning in 1971. There are over 75 of them! Here are just a few...

As War Rages Next Door, Poles Seek Safety in Gold

(Mike Maharrey, Money Metals News Service) As war wages across their eastern border, Poles seek safety. And they’re finding it in gold. Russian troops stormed across the Ukrainian border on Feb. 24, 2022. It was Fat Tuesday; a day Poles typically line up for jelly-filled donuts called pączki. Instead, they...

The Federal Reserve Is Bleeding Red Ink, and You’re on the Hook

(Mike Maharrey, Money Metals News Service) The Federal Reserve is losing over $1 billion every week and you're on the hook. Since September 2022, the central bank has reported losses of around $176.4 billion. If it were a real company, it would be considered bankrupt.  Fortunately for the Fed, it gets to...

Treasury Sec. Yellen, Worth Millions, Downplays Rising Grocery Prices

(Headline USA) Treasury Secretary Janet Yellen this week downplayed the sharp increase in grocery prices over the past few years, arguing she is not “surprised” by them. Yellen commented during an interview with Yahoo Finance’s Jennifer Schonberger on Monday after being asked whether she’s seen the recent grocery price increases firsthand. “I...
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