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(Mike Maharrey, Money Metals News Service) While everyone obsesses over the possibility of a quarter-point interest rate hike, the U.S. government keeps adding to its massive $40 trillion debt. The Trump administration ran a $166.8 billion deficit in August, according to the Monthly Treasury Statement. That drove the fiscal 2026 budget shortfall...

(Chris Wade, The Center Square) The world's “richest man” is pumping money into Maine's congressional races as part of broader efforts to keep control of Congress in Republican hands.  Tesla CEO Elon Musk's America PAC has begun spending money to back GOP candidates in key battleground states ahead of November's...

(Headline USA) President Donald Trump said Monday that he would be a sufficient guardrail against rogue artificial intelligence, claiming that any efforts to limit the technology is part of a “SICK conspiracy.” Trump was pushing back against calls by tech leaders such as Anthropic's Dario Amodei, OpenAI's Sam Altman and...

(Mike Maharrey, Money Metals News Service) Kalshi is getting into the gold business. Kind of. The catch is it doesn’t involve any actual gold. The prediction market exchange recently announced the launch of a gold perpetual futures contract, colloquially referred to as a “perp contract.” Unlike traditional futures contracts, perps never expire and...

(Sound Money Defense League, Money Metals News Service) Three pro-gold and silver groups have teamed up to present the second edition of the Sound Money Review, a scholarly journal dedicated to advancing principles of sound money. The Sound Money Review, presented by Money Metals, Sound Money Defense League, and Sound Money Foundation, showcases compelling...

(Mike Maharrey, Money Metals News Service) The Consumer Price Index (CPI) data for August was generally in line with expectations. However, a slightly hotter-than-expected core CPI reading buoyed expectations of a rate hike at the Federal Reserve meeting in September. Meanwhile, there is a lot more to the inflation story...

(Headline USA) President Donald Trump's proposal to send $5,000 to every American adult if his Republican Party maintains control of the House and Senate in the November election needs congressional approval, House Speaker Mike Johnson said Sunday, while pledging to try to make it happen. Trump made the unusual pitch...

(Headline USA) A federal judge has ruled that a plan by the Trump administration to slash staffing at the federal agency tasked with responding to disasters by 50% was unlawful. The opinion issued late Friday marked a victory for labor groups who had sued the agency. The labor organization had...

(Headline USA) A former CIA official found with $40 million of gold bars in his home has reached a tentative plea agreement after being charged with theft for fraudulently inflating his salary, according to court records. A federal judge on Friday extended a deadline to formally indict defendant David J....

(Andrew Rice, The Center Square) U.S. inflation rose by 0.4% in August for an annual rate of 3.4%, keeping in track with July's data, according to a new report from the U.S. Bureau of Labor Statistics.  The index for gasoline rose 3.9% during the month, accounting for more than one...

(Money Metals News Service) Economist Daniel Lacalle joined Mike Maharrey on the Money Metals Podcast to discuss the latest European Central Bank rate hike, the Federal Reserve’s upcoming September meeting, persistent inflation, sovereign debt, and what the environment means for gold and silver investors. Daniel Lacalle, a professor at IE Business School in...

(Headline USA) U.S. stocks rebounded Friday and regained much of their losses for the week after oil prices eased off their recent spurt. An update on inflation across the United States that came in close to economists’ expectations, even if prices are still rising too quickly for everyone’s liking,...