Wednesday, April 29, 2026

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Judge Postpones OxyContin-Maker Purdue Pharma’s Sentencing to Let Opioid Victims Attend in Person

(Headline USA) A judge on Tuesday delayed the criminal sentencing of OxyContin maker Purdue Pharma in order to allow victims to attend the court proceeding in person. U.S. District Judge Madeline Cox Arleo originally planned to hand down the sentence Tuesday during a court hearing conducted only by videoconferencing. But...

Chinese Gold Imports Up to Start the Year

(Mike Maharrey, Money Metals News Service) Chinese gold imports surged in the first two months of the year, underpinned by strong demand. China ranks as the largest gold market in the world. According to the latest data released by China Customs, the country imported a net 77 tonnes of gold in...

Inflation Alert: The Federal Reserve Balance Sheet Is Growing Again

(Mike Maharrey, Money Metals News Service) Since the Federal Reserve announced the resumption of quantitative easing (QE) in December, the central bank has expanded its balance sheet by over $200 billion. During QE, the central bank buys U.S. Treasuries and/or mortgage-backed securities on the open market with money created out of thin...

Silver Price Surged Last Year Despite Modest Drop in Demand

(Mike Maharrey, Money Metals News Service) Given the surging silver price, you might think demand was up significantly last year. It wasn’t. Silver was up as much as 147 percent intra-year in 2025, starting the year at 28.84 and surging to over $100. This happened despite a 2 percent drop in...

Did MAHA’s Food-Stamp Restrictions Force Wave of 7-Eleven Closures?

(Ben Sellers, Headline USA) A prominent advocate for the Make America Healthy Again movement suggested that 7-Eleven’s closure of 645 underperforming North America locations may be linked to the Trump administration’s cutback of government-subsidies for unhealthy snacks. “Wait it’s all fraud. Always has been,” said a meme accompanying the post...

Pentagon Has Approached US Automakers About Helping Manufacture Weapons

(Dave DeCamp, Antiwar.com) Two major US car makers have been approached by the Pentagon about the possibility of helping the US government manufacture military equipment, as the Trump administration seeks a significant boost in arms production. The discussions were first reported by The Wall Street Journal last week, which said...

Wells Fargo: Debasement Trade Could Drive Gold to $8,000

(Mike Maharrey, Money Metals News Service) If you had told most people a few years ago that we’d be seriously talking about $8,000 gold today, they would have thought you were crazy. Well, we’re crazy. Wells Fargo analysts just set $8,000 as their bullish target for gold next year. According to Wells...

Fixing Trade With Sound Money

(Joseph Solis-Mullen, Money Metals News Service) Few things are more head-shakingly trying to the sound money economist than listening to the endless academic and policy debates about trade. Lost amidst the back and forth over surpluses and deficits, the “appropriate” level of subsidies or tariffs, is the fact that were...

Ilhan Omar Goes from Riches to Rags amid Possible Fraud Probe

(Ben Sellers, Headline USA) Facing the prospect of a federal investigation surrounding her mysterious surge in wealth, Rep. Ilhan Omar, D-Minn., revised downward an earlier estimate of her wealth from between $6 million and $30 million to a  more modest $95,000 or less, the Wall Street Journal reported. https://twitter.com/BreannaMorello/status/2045475116432179482 “The amended...

Businesses Can Claim Refunds for Trump Tariffs Declared Unconstitutional

(Headline USA) A refund system for businesses that paid tariffs which the U.S. Supreme Court ruled President Donald Trump imposed without the constitutional authority to do so is scheduled to launch Monday. Importers and their brokers will be able to begin claiming refunds through an online portal beginning at 8 a.m.,...

Greg Weldon on Gold, the Dollar, China, and the Stagflation Threat

(Money Metals News Service) In the latest Money Metals podcast, host Mike Maharrey welcomed back veteran market analyst Gregory T. Weldon for a sweeping discussion on precious metals, the U.S. dollar, geopolitics, inflation, and the growing disconnect between financial markets and economic reality. Although the two last spoke in January, Greg Weldon joked that...

‘Money Laundering’: Newsom Used Donations to Inflate Book Sales

(Luis Cornelio, Headline USA) California Gov. Gavin Newsom and his allies spent weeks boasting that his book, Young Man in a Hurry, became a “best-seller” within hours of its March release. However, a new report found those sales were largely driven by Newsom’s own super PAC using donor funds. The book,...
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