Saturday, June 7, 2025

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Indian Jewelry Market Reveals the Push and Pull of Higher Gold Prices

(Mike Maharrey, Money Metals News Service) Rising gold prices have spurred investment demand, especially in the East, and helped drive Q2 gold demand to the highest level since 2016. In China, demand for gold bars and coins charted the second strongest quarter on record. However, high prices put a drag on jewelry...

Here’s Where Gold & Silver Stand

(Jesse Colombo, Money Metals News Service) Both gold and silver are undergoing healthy consolidation phases after their strong rallies, allowing them to reset and work off overbought conditions. It’s time for an updated look at where things stand. Three weeks ago, I suggested that gold may have temporarily peaked after a...

DOJ Charges USAID Officer w/ Fraud

(Ken Silva, Headline USA) The Justice Department filed a criminal charge Friday against Yusuf Akoll, a former senior procurement contract specialist for the U.S. Agency for International Development, which was recently shuttered and folded into the State Department. According to the DOJ, Akoll formed a shell company in November 2020...

U.S. and China Reach Trade Agreement

(Alan Wooten, The Center Square) Market implications are expected Monday morning worldwide following Sunday’s announcement of a trade agreement between the United States and China. No details were announced between countries doing an estimated $600 billion in trade annually. The two superpower countries have sparred since President Donald Trump’s January...

CA’s $10B Deficit ‘Precisely’ Matches Illegal Immigrant Health Care Cost

(By Kenneth Schrupp, The Center Square) California legislators have been told to expect a deficit of $10 billion or more even if revenues do not fall due to higher than anticipated spending, reports Politico. Critics note that the $10 billion figure matches estimated costs of the state’s expansion of eligibility...

Google to Pay Texas $1.4B to Settle Claims of Collecting Users’ Data w/o Permission

(Headline USA) Google will pay $1.4 billion to Texas to settle claims the company collected users' data without permission, the state’s attorney general announced Friday. Attorney General Ken Paxton described the settlement as sending a message to tech companies that he will not allow them to make money off of “selling...

Central Banks, De-Dollarization, and the Bull Market in Gold

(Money Metals News Service) In this episode of the Money Metals podcast, host Mike Maharrey chats with Dr. Nomi Prins in an engaging interview. Dr. Nomi Prins kicked off the discussion by framing today’s gold rally as just the beginning of a much larger trend. She forecasted gold reaching $3,000...

One Last Biden Grift? $30 Million Book Deal Reportedly in the Works

(Luis Cornelio, Headline USA) Joe Biden’s reputation rehab tour may soon include a massive payday.   The disgraced former president is reportedly eyeing a multi-million-dollar book deal alongside his wife, former First Lady Jill Biden.  Biden, fresh off defending his scandal-plagued legacy on the leftist show The View, is already drafting a...

Students Are Only Being Taught Half the Inflation Story

(Mike Maharrey, Money Metals News Service) It’s no wonder people don’t understand inflation. High school students are only being taught half the story. A friend ran across this lesson for International Baccalaureate (IB) high school students. The IB program is “a rigorous, two-year high school curriculum (Grades 11 and 12)...

Scientists Turn Lead into Gold

(Mike Maharrey, Money Metals News Service) This is the stuff of dreams. Scientists have turned lead into gold! Since ancient times, people have been trying to figure out how to transform common metals such as lead or iron into gold. Alchemy originated in Egypt in the first century. It became a...

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...
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