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Monday, December 23, 2024

FINANCE

Senator Paul Releases ‘Festivus Report’ for 2024 to Highlight Government Waste

(Matthew Doarnberger, Headline USA) Kentucky Senator Rand Paul has released his annual report on wasteful government spending appropriately titled "The Festivus Report 2024." In this year's report, Paul was able to find over a trillion dollars of waste in the Federal Government's budget. The report details numerous examples of the frivolous things...

Support GATA Financially and Get a 1-Ounce Silver Round Commemorating the Organization’s Work

(Chris Powell, Money Metals News Service) Longstanding Western central bank policy of monetary metals price suppression has never been more vulnerable than it is today. Governments and central banks around the world have been defecting from the policy this year, accumulating gold and silver instead of lending them. And some countries...

Gold, AI, and Geopolitics: Navigating a Turbulent Global Economy

(Money Metals News Service) Frank E. Holmes, CEO and Chief Investment Officer at U.S. Global Investors and Executive Chairman of Hive Blockchain Technologies, recently joined Mike Maharrey on the Money Metals podcast to discuss pressing economic trends, the Federal Reserve's actions, and how technology and geopolitics are reshaping the investment landscape. (Interview Begins...

Debt Ceiling Dance

(Clint Siegner, Money Metals News Service) Gold and silver are among the best-performing asset classes over the past two and a half decades. The unstoppable growth in government borrowing and spending is one of the pillars underpinning demand for metals. Elon Musk and the so-called Department of Government Efficiency (DOGE)...

A Next-Level Gift: Gold!

(Mike Maharrey, Money Metals News Service) An anonymous "elf" in New Albany, Indiana, took the Christmas-giving spirit to the next level by dropping a gold nugget into a Salvation Army kettle. Almost every year, I read about somebody gifting the Salvation Army gold. It always makes the news because getting...

Budget Deal Avoids Government Shutdown But Exposes Bigger Problem

(Mike Maharrey, Money Metals News Service) The federal government “averted disaster” as it continued to hurdle toward the edge of a cliff. Last week, Congress approved a bill to fund the government through March 14 and avoided a “government shutdown.” However, it did nothing to address the ever-growing national debt,...

Gold-Backed Scholarship Program Awards $11,500 to Nine Students

(Jp Cortez, Money Metals News Service) Nine bright young scholars earned $11,500 to put towards the cost of college through a scholarship program promoting the sound money cause. The Sound Money Scholarship is an annual essay contest organized by Money Metals Exchange (the U.S. precious-metals dealer ranked “Best Overall”) and the Sound Money...

India Gold Imports at Record Levels in November

(Mike Maharrey, Money Metals News Service) Gold imports into India surged to record levels in November as strong demand continued in the wake of government tax cuts. India ranks as the second-largest gold market in the world. Gold demand got a big boost in July after the Indian government cut taxes on...

Yukon Cornelius & His Quest for Silver & Gold — It Wasn’t What You Think!

(Mike Maharrey, Money Metals News Service) It’s the Friday before Christmas, and as my gift to you, I’m going to wreck one of your childhood holiday memories. Yes. I am a grownup. But I still love Christmas specials. Snoopy decorating his doghouse. The Grinch folding up the Christmas tree like...

Trump Wants to Stop Biden’s Sale of Border Wall

(Dmytro “Henry” Aleksandrov, Headline USA) President-elect Donald Trump recently filed an amicus brief on Thursday in support of a legal effort by Texas and Missouri to "immediately" stop Joe Biden and his administration from selling the border wall materials. Fox News reported that earlier this week, Texas and Missouri filed...

Color-Haired Dem Loses It After Musk Exposes Secret Wishlist in CR Bill

(Luis Cornelio, Headline USA) Rep. Rosa DeLauro, D-Conn., threw a temper tantrum on the House floor, railing against Elon Musk for persuading Republicans to abandon a funding bill plagued with several wish list items from the Democratic Party.  DeLauro, known for her signature purple-dyed haircut, aired her grievances during Thursday’s debate over...

U.S. Taxpayers Spending MILLIONS to Maintain Superyacht Seized from Russian Billionaire

(Ken Silva, Headline USA) On the heels of Russia invading Ukraine, the Justice Department announced in May 2022 that it seized a 348-foot luxury vessel owned by sanctioned Russian billionaire Suleiman Kerimov—touting the move as a major win against Russia’s corrupt oligarchy. “This yacht seizure should tell every corrupt Russian...
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