Sunday, October 19, 2025

Z EMAIL

U.S. Fiat Money: A Worthless Find for Future Archaeologists

(Mike Maharrey, Money Metals News Service) If archaeologists 2,000 years from now find a jar of U.S. quarters minted in 2025, how excited would they be? I'm sure they would find it interesting from a historical perspective. But how much would those quarters really be worth? I got to thinking about...

Trump Picks Successor for Florida Governor as DeSantis Hits Term Limit

(Luis Cornelio, Headline USA) With less than two years to go before the next gubernatorial election in Florida, Republicans have been searching for their next candidate to replace Ron DeSantis. Luckily for them, President Donald Trump already has his pick.  Trump has endorsed none other than Rep. Byron Donalds, a renowned Florida...

Pentagon Budget Cuts? Not So Fast!

(Dave DeCamp, Antiwar.com) Acting Deputy Secretary of Defense Robert G. Salesses said in a statement on Wednesday night that Secretary of Defense Pete Hegseth has ordered a review of Pentagon spending to realign spending to fund priorities of the Trump administration. The statement from Salesses came after a report from The Washington Post said that...

Trump Purges 6,700 IRS Agents Biden Unleashed on Americans

(Luis Cornelio, Headline USA) Time to celebrate—thousands of Biden-era IRS workers lost their jobs on Thursday, weeks before they could target and harass Americans on Tax Day.  President Donald Trump authorized the firing of between 6,700 and 7,000 IRS employees, highlighting the seriousness of his pledge to slash the federal bureaucracy.  The...

Kash Patel Narrowly Confirmed as FBI Director after Abandoning America-First Values

(Ken Silva, Headline USA) MAGA diehards celebrated Thursday after the Senate on Thursday narrowly voted 51-49 to confirm Kash Patel as director of the FBI. But Patel has already backtracked on policy stances that made him popular with conservatives and libertarians in the first place. Patel has spoken of his...

CPAC Denies Kicking J6ers out of Annual Conference

(Ken Silva, Headline USA) The Conservative Political Action Conference on Thursday denied allegations that it was preventing Jan. 6 protestors from participating in its 2025 event, which is taking place this week. “It is untrue that we are not allowing people to come to CPAC because of their involvement with J6....

BREAKING: Warmongering Sen. Mitch McConnell Won’t Seek Reelection in 2026

(Headline USA) Republican Sen. Mitch McConnell is announcing on Thursday that he won’t seek reelection next year, ending a decadeslong tenure as a conniving, pro-war politician. McConnell, the longest-serving Senate party leader in U.S. history, chose his 83rd birthday to share his decision not to run for another term in Kentucky...

Chinese Gold Market Continues to Show Improvement

(Mike Maharrey, Money Metals News Service) Gold demand in China continued to show signs of growth last month despite the relentless climb in prices. China ranks as the world's largest gold market. As Jesse Colombo reported, aggressive Chinese futures traders on the Shanghai Futures Exchange (SHFE) helped drive last year's gold bull...

U.S. Gold Jewelry Demand Surprisingly Strong Despite Record Gold Prices

(Mike Maharrey, Money Metals News Service) Gold had quite a run in 2024, hitting record highs 40 times. That momentum carried over into 2025, with new record highs above $2,900 an ounce. One might expect these higher prices to put a drag on demand for gold jewelry, but surprisingly, the impact has been...

Desperation in the Global Gold Market

(Brien Lundin, Money Metals News Service) Gold continues to explode higher as fractures spread in the global gold market. I’ve been reporting on the extraordinary gold flows of recent weeks, which have been driving the price of gold to record levels. Those mysterious flows, generally blamed on concerns over potential U.S. tariffs...

Inflation, the Federal Reserve, and the Death of the Penny

(Money Metals News Service) In the latest episode of the Money Metals Midweek Memo, host Mike Maharrey dives deep into the Federal Reserve’s ever-changing stance on inflation, the reality behind rising consumer prices, and a seemingly unrelated yet important development—the end of the U.S. penny. Through sharp analysis and historical comparisons,...

Defense Secretary Hegseth Orders Sweeping Pentagon Cuts

(Dave DeCamp, Antiwar.com) Secretary of Defense Pete Hegseth has ordered Pentagon leaders to develop plans to make sweeping cuts to the Defense Department’s budget, The Washington Post reported on Wednesday. According to a memo obtained by the Post, Hegseth’s order calls for an 8% cut to the Pentagon budget each year...
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