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(Mike Maharrey, Money Metals News Service) As is typical in April, the federal government ran a budget surplus last month thanks to the influx of income tax revenue. But despite this seemingly good news, every metric reveals further deterioration in America’s fiscal situation. The surplus of $215.02 billion was 16.8...

(Mike Maharrey, Money Metals News Service) In July 2024, India slashed its import tax on gold and silver from 15 percent to 6 percent. This week, the Indian government reversed course, hiking the customs duty back to 15 percent. The 9 percent duty increase ranks as the largest on record. The duty on...

(Money Metals News Service) In the latest episode of the Money Metals Midweek Memo, host Mike Maharrey challenged the optimistic mainstream narrative surrounding the U.S. economy, arguing that beneath strong headline numbers lies a far more troubling inflationary and monetary reality. Maharrey opened with a personal hockey story about an overhyped...

(Dave DeCamp, Antiwar.com) The Israeli government wants President Donald Trump to order a US special forces operation to secure Iran’s uranium that’s enriched at the 60% level, according to a report from Axios, an operation that is fraught with risks and would mean the resumption of full-blown war in...

(José Niño, Headline USA) American auto debt surged to $1.68 trillion by the close of 2025, marking a 37 percent jump from late 2018 when the total sat at $1.23 trillion, CNBC reported. A new analysis by The Century Foundation and Protect Borrowers provided the data exclusively to the...

(José Niño, Headline USA) The Trump administration said Monday it would loan out 53.3 million barrels of crude from the Strategic Petroleum Reserve to energy firms as fuel costs soar during the conflict with Iran, Just The News reported. The release comes after Washington agreed in March to put 172...

(Bethany Blankley, The Center Square) Over the past seven years, Border Patrol agents working in the U.S. Customs and Border Protection Detroit Sector have seized the greatest volume of drugs at the northern border. The CBP Detroit Sector area of responsibility covers four states: Illinois, Indiana, Michigan and Ohio. It...

(Headline USA) Federal prosecutors announced charges Tuesday in the 2024 collapse of Baltimore’s Francis Scott Key Bridge, accusing the Singapore-based operator of a ship and a key employee of making critical decisions that led to the disaster and the deaths of six people. The indictment names Synergy Marine Pte Ltd.,...

(Headline USA) President Donald Trump's plan to put weapons in space — pitched as a "Golden Dome for America” missile defense program — is estimated to cost $1.2 trillion, according to a new analysis from the Congressional Budget Office, a far heftier sum than the initial $175 billion price...

(Mike Maharrey, Money Metals News Service) No matter how you slice the data, it keeps coming up inflation. The April CPI data did nothing to allay fears of renewed inflationary pressure as rising energy prices continued to impact the economy. On a monthly basis, the CPI rose 0.6 percent, adding to...

(Mike Maharrey, Money Metals News Service) Are we in the early stages of a fundamental shift in global monetary history? Analysts at Deutsche Bank Research Institute think we are. They see a future where the dollar plays a much smaller role. As the USSR’s empire crumbled, Francis Fukuyama proclaimed that humanity...

(Brett Rowland, The Center Square) President Donald Trump confirmed Monday that he wants to temporarily suspend the 18.4-cent federal gas tax, with Republican lawmakers in both chambers announcing plans to introduce legislation hours later, but key details including duration, cost offset, and a phase-back trigger remain undefined. "I think it's...