(Mike Maharrey, Money Metals News Service) It’s clear that the Federal Reserve hasn’t won the inflation fight. With the CPI trending higher for four straight months, the markets aren’t pricing in another interest rate cut until September.
Isn’t a “higher for longer” interest rate environment bearish for gold?
The short answer is no...
(Ken Silva, Headline USA) In 2020, a photo of a portly FBI agent kneeling in support of the Black Lives Matter movement took the internet by storm—both for the ridiculous imagery, and the fact that the bureau was playing politics at a time when many of the country’s major...
(Ken Silva, Headline USA) The New York Post reported Saturday that a biological male illegal immigrant, who identifies as a woman, stalked and raped a 14-year-old boy in a Manhattan bathroom last week.
The illegal immigrant was identified as Nicol Suarez, a 30-year-old Colombian who was already wanted by Immigration...
(Headline USA) The Trump administration’s effort to slash the size of the federal workforce reached the Food and Drug Administration this weekend, as recently hired employees were fired.
Probationary employees across the FDA received notices Saturday evening that their jobs were being eliminated, according to three FDA staffers who spoke to...
(Headline USA) A series of polls by the Associated Press--NORC Center for Public Affairs Research gave a new boost to President Donald Trump, with some 70% getting behind his "America First" agenda.
Many U.S. adults said the federal government had been overspending—but polling also showed that many Americans, including Republicans,...
(Jan Nieuwenhuijs, Money Metals News Service) The U.S. Treasury can draw up to $700 billion in new funding from its gold revaluation account at the Federal Reserve. And the Treasury could invest this “new money” in a sovereign wealth fund (increasing the money supply by an equal amount).
Using its...
(Mike Maharrey, Money Metals News Service) DOGE has got its work cut out for it. Even as the new Department of Government Efficiency ferrets out wasteful spending, the constant budget deficits serve as a sobering reminder of just how much the federal government overspends month after month.
The January budget...
(Mike Maharrey, Money Metals News Service) Fundamentally, gold is money, but it is also an extremely useful metal, especially in tech applications.
Demand for gold in industry and tech was up 7 percent in 2024, driven by growth in the electronics and computing sectors.
Industry and technology used 326 tons of...
(Headline USA) A federal judge on Wednesday removed a key legal hurdle on Wednesday that was stalling President Donald Trump’s plan to downsize the federal workforce with a deferred resignation program.
U.S. District Judge George O’Toole Jr.'s order in the challenge filed by a group of labor unions was a...
(Headline USA) White House press secretary Karoline Leavitt told reporters Wednesday that the media has been perpetuating a “dishonest narrative” about President Donald Trump’s executive orders.
Leavitt’s comments come as Trump faces questions about the constitutionality of some of his executive orders, which have been wide-ranging and frequent since he...
(Headline USA) Denver Public Schools became the first U.S. school district Wednesday to sue the Trump administration challenging its policy allowing ICE immigration agents in schools.
Colorado’s largest public school district argued in the federal lawsuit that the policy has forced schools to divert vital educational resources and caused attendance...
(Headline USA) Several NATO allies demanded on Thursday that Ukraine and Europe not be cut out of any peace negotiations---despite an alarming interview recently in which Ukrainian President Volodymyr Zelenskyy appeared to precondition any such negotiation on his country's access to nuclear weapons.
“There can be no negotiation about Ukraine without...