Tuesday, December 2, 2025

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Singapore Gold Launch Could Threaten London & NY Dominance

(Mike Maharrey, Money Metals News Service) A Singapore-based startup hopes to challenge New York and London's dominance of the gold market. Abaxx Exchange recently launched a physical 1-kilo gold contract. It will be denominated in dollars and deliverable in Singapore. It will be the first and only physical gold futures...

More Than 200 Republicans Work To Sabotage Chances of Iran Nuclear Deal

(Dave DeCamp, Antiwar.com) More than 200 Republicans in Congress have sent a letter to President Trump urging him that any deal with Iran must involve the complete dismantlement of Tehran’s nuclear enrichment program, which Iranian officials have made clear is a non-starter. The letter was signed by 177 GOP House...

New Militarized Border Zone Spurs National Security Charges Against Hundreds of Immigrants

(Headline USA)  Several hundred immigrants have been charged with unauthorized access to a newly designated militarized zone along the southern U.S. border in New Mexico and western Texas since the Department of Justice introduced the new approach in late April. President Donald Trump's administration has transferred oversight of a strip...

What Is the Current Inflation Situation?

(Mike Maharrey, Money Metals News Service) What is the current inflation situation? If you just go by the CPI, things are looking pretty good. We got a better-than-expected “inflation” report for the third straight month. Prices rose 2.3 percent on an annual basis in April, the lowest rate since February...

Beyond the Headlines: Why Gold Still Matters in a Debt-Soaked, Dollar-Weary World

(Money Metals News Service) In the latest Money Metals Midweek Memo, host Mike Maharrey delivered a powerful reminder to investors: stop reacting to the 30-second news cycle and start thinking long-term. With financial markets whipsawing on every tweet and press release, Maharrey urged listeners to step back, take a breath, and...

Ben & Jerry’s Cofounder Hauled Out Like a Dog after Disrupting RFK Jr. Hearing

(Luis Cornelio, Headline USA) Ben & Jerry’s co-founder Ben Cohen was dragged out of a congressional hearing Tuesday after screaming at lawmakers in a protest targeting HHS Secretary Robert F. Kennedy Jr.  Footage of the meltdown quickly went viral on social media.  Kennedy, testifying about President Donald Trump’s budget savings at HHS, had...

Ex-NYC Mayor de Blasio Agrees to Pay $330K for Misusing Public Funds on Failed White House Bid

(Headline USA)  Former New York City Mayor Bill de Blasio has agreed to pay a $329,794 fine to settle an ethics board’s complaint that he misspent public funds on his security detail during his brief, failed run for U.S. president. The deal, announced Wednesday by the city’s Conflicts of Interest...

$3.8 Trillion Bill Codifying Trump Tax Cuts Passes House Committee

(Thérèse Boudreaux, The Center Square) After 17 hours of debate, lawmakers on the House Ways and Means Committee voted along party lines to advance Republicans’ $3.8 trillion tax cut bill, a significant step forward in codifying President Donald Trump’s campaign priorities through the budget reconciliation process. Under the Republican budget...

Newsom Calls for Ending New Medi-Cal Enrollments for Adult Illegal Immigrants

(Dave Mason, The Center Square) California Gov. Gavin Newsom on Wednesday called for an end to new enrollments of adult illegal immigrants in Medi-Cal to save more than $5 billion. The proposal by the governor, who's viewed as a potential Democratic presidential candidate in 2028, is a reversal of his...

DC Judge Releases the ‘Suicidal’ Man Recently Shot by Secret Service Near the White House

(Ken Silva, Headline USA) The Justice Department has reached a plea agreement with Andrew Dawson, the “suicidal” man shot by Secret Service guards near the White House in March. The agreement, which was signed Friday and docketed on Tuesday, has Dawson pleading guilty to carrying a pistol without a license,...

The Logic of Debt Under Fiat: The Student Edition

(Joakim Book, Money Metals News Service) Anyone who looks at fiat currency long enough, eyes wide open, usually comes to the conclusion that this is an upside-down world. Unlike gold or silver as sound money, under fiat currency thrift is penalized, financial surpluses are burdens, and losses are good. With tax...

Israel Will Finish War in Gaza, Drive Out 50% of Palestinians

(Kyle Anzalone, Antiwar.com) Israeli Prime Minister Benjamin Netanyahu declared that Israel would complete its military objectives in Gaza and force out at least 50% of the population. On Tuesday, Netanyahu said even if Israel agrees to a temporary pause for the release of hostages, it will resume its military operations...
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