Monday, September 22, 2025

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Third Hornet Lost From Truman Red Sea Deployment Brings Cost to $180M

(Steve Wilson, The Center Square) The loss of three F/A-18 Super Hornet fighter aircraft in the Red Sea could cost taxpayers $180 million to replace before production ends on the jets in 2027. In six months of operations against Houthi militants in Yemen, the U.S.S. Harry Truman has lost three...

Global Trade Reorder Begins in Trump Deal with United Kingdom

(Brett Rowland, The Center Square) Seeking to reorder global trade with America at the center, President Donald Trump announced the framework of a trade deal with the United Kingdom on Thursday. Prime Minister Keir Starmer, since 2024 leader of a nation that maintains a special relationship with the U.S. including...

Fed Chair Powell Tells the Truth: “We Don’t Know!”

(Mike Maharrey, Money Metals News Service) In a rare moment of honesty, Federal Reserve Chairman Jerome Powell admitted he and his fellow central bankers don’t know what they’re doing as they wrapped up the May Federal Open Market Committee (FOMC) meeting. As was expected, the Fed held interest rates steady...

Gold Demand Diverges: East Surges While U.S. Sells Off

(Money Metals News Service) In the latest episode of Money Metals Midweek Memo, host Mike Maharrey delivers an insightful breakdown of global gold demand trends in Q1 2025, highlighting a striking divide between Eastern and Western investors. While Asian nations continue to accumulate gold at a torrid pace, American investors are...

Bill & Melinda Gates Foundation Announces Future Closure

(Ken Silva, Headline USA) In its first 25 years, the Gates Foundation became one of the world’s largest charitable foundations and one of the most powerful institutions in global health — an accomplishment that carried both accolades and controversy. The Bill & Melinda Gates Foundation was formed in 2000 by...

Gold’s Strange Behavior

(Brien Lundin, Money Metals News Service) Yes, it’s different this time. I know that’s about the most dangerous phrase in all of investing, and virtually everyone who has ever uttered it was ultimately made a fool by the markets. But there’s no denying that this gold bull market is unprecedented for...

NYT Publishes Elon Musk’s Home Address amidst Recent Political Violence

(Luis Cornelio, Headline USA) Billionaire Trump backer Elon Musk may no longer be safe after the New York Times inexplicably published his home address—despite the tech mogul facing mounting death threats and political intimidation.  The Times exposed Musk’s location in a hit piece about what it’s like to live near him...

Global Gold Bar and Coin Demand Rose in Q1 But Not in the U.S.

(Mike Maharrey, Money Metals News Service) Demand for physical gold surged in the first quarter. But not in the United States. Asian investors primarily drove demand for gold bars and coins as American investors continued to sit on the sidelines. Global demand for gold bars and coins rose by a healthy...

Main Street Is Stressed: Bankruptcy Inquiries at Pandemic-Era Levels

(Mike Maharrey, Money Metals News Service) In another sign that things aren’t so great on Main Street, bankruptcy inquiries hit pandemic-level highs in Q1. More and more people are worried about a looming recession. The mainstream blames these economic worries on tariffs, but it’s pretty clear Americans started feeling the...

White House Gives Disappointing Update about Epstein Files Release

(Luis Cornelio, Headline USA) The White House poured cold water on hopes that the full Epstein files would be released anytime soon.  Speaking to reporters on May 1, White House Press Secretary Karoline Leavitt said there was no “specific timeline” for the release of the remaining documents tied to convicted sex offender...

How Much Is My Scrap Gold Worth?

(Mike Maharrey, Money Metals News Service) With gold setting record after record, people are scrambling to cash in by selling scrap gold and jewelry. Selling gold tucked away in a jewelry box or gathering dust on a shelf can certainly put extra cash in your wallet, but you should manage...

Silver Supply Deficit and Other Silver News

(Mike Maharrey, Money Metals News Service) Silver demand outstripped new supply for the fourth straight year as industrial demand set another record. This was one of several stories featured in the new edition of Silver News published by the Silver Institute. Silver industrial demand rose 4 percent in 2024 to 680.5 million ounces, according...
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