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(Money Metals News Service) The United States is closing in on a milestone that would have been almost unimaginable not long ago: $40 trillion in national debt. That staggering figure framed the latest episode of the Money Metals Midweek Memo, as host Mike Maharrey examined what he calls the economy’s “debt...

(Thérèse Boudreaux, The Center Square) As the national debt quickly approaches $40 trillion, economists warn that skyrocketing deficits will distinctly impact Americans of all generations, including students, families and retirees. Global think tank The Conference Board analyzed how different levels of budget deficits will adversely impact student loan costs, mortgage...

(José Niño, Headline USA) Private equity has swung firmly behind Republican candidates this election cycle, breaking from its usual pattern of splitting donations evenly between the two parties, according to a Wall Street Journal report.  Employees at buyout and investment firms sent roughly $60.2 million to congressional candidates and party...

(Dave DeCamp, Antiwar.com) Raytheon has landed a massive $22.9 billion contract with the US military to dramatically ramp up the production of Tomahawk missiles, as US arms makers continue to cash in on the US-Israeli war against Iran. The US fired over 1,000 Tomahawk missiles into Iran during the conflict,...

(Esther Wickham, The Center Square) National teacher unions contribute at least 10% of their annual budget to lobbying and political activism, which includes calling for the impeachment of Republican President Donald Trump in the 2026 American Federation of Teachers handbook. Efforts also include supporting Democratic causes such as messaging...

(Mike Maharrey, Money Metals News Service) Central bank gold buying was one of the pillars supporting the gold bull market last year, and it has continued to bolster the market even as it faced significant headwinds due to expectations of a higher interest rate environment. But why are central banks...

(Mike Maharrey, Money Metals News Service) Despite gold's sideways price performance and increased volatility, Chinese gold demand remained generally stable in July. China ranks as the world’s biggest gold market. The gold price in yuan was virtually unchanged in July. According to the World Gold Council's gold return attribution model, a...

(Headline USA) The Department of Defense has ordered 30 U.S. universities to audit their partnerships with mostly Chinese universities and military training institutions as the Trump administration scrutinizes the country's growing global influence. If the schools don't complete a review and terminate any arrangements deemed problematic within the next two weeks,...

(David Beasley, The Center Square) An Ohio man pleaded guilty to his involvement to what the U.S. Department of Justice is calling the largest healthcare fraud case ever prosecuted. Eldar Zarbavel, 45 of Pepper Pike, Ohio, laundered $3.4 million in “illicit healthcare fraud” proceeds through multiple regional banks, the Justice...

(Mike Maharrey, Money Metals News Service) Where do we get our gold? Last year, mines globally produced 3,672 tonnes of gold, according to the World Gold Council. It was a new record, but only about 11 tonnes higher than the 2025 total. Between 1970 and 2018, gold production generally increased...

(Mike Maharrey, Money Metals News Service) According to Wall Street Journal analysts, the private credit market is under increasing stress, with default rates spiking and internal reviews of loan health pointing to “tougher times.” When we think about this massive Debt Black Hole, the national debt immediately comes to mind. However, there’s more to...

(Jim Talamonti, The Center Square) Following an advisory by the Chicago inspector general’s office, the city treasurer has asked the city council to dissolve the Community Catalyst Fund and return its more than $57 million in assets to general funds. The fund was set up 10 years ago to increase...