Wednesday, April 29, 2026

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When Should You Sell Your Gold and Silver

(Money Metals News Service) In this episode of the Money Metals Midweek Memo, host Mike Maharrey opened with a story from his childhood about a quarter superglued to a school cafeteria floor. In the 1980s, a quarter could actually buy something. If it had been minted before 1965, it would...

San Francisco Sued Over Reparations Fund for Black Residents

(Chris Woodward, The Center Square) A lawsuit is challenging a San Francisco ordinance that establishes a reparations fund for Black residents. The ordinance, signed in December by San Francisco Mayor Daniel Lurie, a Democrat, is aimed at addressing systematic harms. Even so, the Pacific Legal Foundation said this is wrong. “The...

Report: U.S. Added Nearly $700 Billion to National Debt in Four Months

(Thérèse Boudreaux, The Center Square) The U.S. government added $696 billion to the national debt over the past four months, borrowing $94 billion in the month of January alone, the Congressional Budget Office reports. The number further heightens the risk that America will experience some kind of financial crisis unless...

Epstein Files Reveal 330 Gallon Sulfuric Acid Purchase on Same Day FBI Opened Sex Trafficking Probe

(José Niño, Headline USA) Newly released government documents show Jeffrey Epstein ordered 330 gallons of sulfuric acid for his private island on the same day federal investigators launched a sex trafficking case against him, according to records released under the Epstein Files Transparency Act, signed into law November 19,...

Canadian Bank Ups 2026 Gold Forecast to $6,000

(Mike Maharrey, Money Metals News Service) Despite the recent selloff, Canadian Imperial Bank of Commerce (CIBC) remains bullish, forecasting $6,000 gold and $100 silver in 2026. The Canadian bank significantly upped its gold price forecast from $4,500 in October. CIBC analysts extended their bullish forecast into 2027, projecting an average price of $6,500...

Demand for Gold in Tech and Industry Was Steady in 2025

(Mike Maharrey, Money Metals News Service) Fundamentally, gold is money, but it does have other practical uses, contrary to what some ignorant commentators might tell you. Gold demand in the tech and industrial sectors was generally flat at 222.8 tonnes in 2025. This was down about 1.5 percent from 226.2...

Nike Under Federal Investigation for Anti-White Discrimination

(José Niño, Headline USA)  The nation's top workplace discrimination watchdog made Nike its biggest corporate target yet in the Trump administration's sweeping campaign against corporate diversity programs, according to a report by The Wall Street Journal.  The Equal Employment Opportunity Commission announced last Wednesday that it opened an investigation into...

Trial Against Meta in New Mexico Focuses on Dangers of Child Sexual Exploitation on Social Media

(Headline USA)   A trial focused on the dangers of child sexual exploitation on social media and whether Meta misrepresented the safety of its platforms began Monday in New Mexico with opening statements. It's the first stand-alone trial from state prosecutors in a stream of lawsuits against major social media...

Treasury Secretary Bessent’s Testimony Descends Into Insults and Shouting Matches

(Headline USA) A hearing about oversight of the U.S. financial system devolved into insults several times Wednesday as Treasury Secretary Scott Bessent clashed with Democratic lawmakers over fiscal policy, the business dealings of the Trump family and other issues. Bessent called Rep. Sylvia Garcia “confused” when she questioned how illegal...

US Holds Live-Fire War Games in Persian Gulf

(Kyle Anzalone, Libertarian Institute) US forces conducted live-fire military drills in the Persian Gulf. The exercise happened as President Donald Trump is threatening to attack Iran. “Last week, Navy Sailors from USS Santa Barbara participated in the exercise Killer Tomato, a live-fire maritime gunnery exercise conducted in the Central...

Americans Borrowed A Lot to Pay for Christmas 2025

(Mike Maharrey, Money Metals News Service) The Debt Black Hole got a little bigger as U.S. consumer debt unexpectedly surged in December. Americans apparently put a Christmas spending spree on Visa and Mastercard. Consumer debt climbed by $24 billion, a 5.7 percent increase, according to the latest data from the Federal Reserve. Americans are...

Hotel Rips Gold Bars Out of Floor and Sells Them

(Mike Maharrey, Money Metals News Service) When I was a kid, someone superglued a quarter to the cafeteria floor at my junior high school. We enjoyed several days of entertainment watching people trying to pick that quarter up. A few kids were super-aggressive in their efforts to unstick that quarter....
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