Friday, July 4, 2025

FINANCE

National Debt Blows Past $35 Trillion (Yawn)

(Mike Maharrey, Money Metals News Service) "I go on the principle that a Public Debt is a Public curse and in a Rep. Govt. a greater than in any other." - James Madison On July 26, the national debt blew past $35 trillion for the first time. We are now...

The Fed Balance Sheet May Be a Side Show But It’s Worth Watching

(Mike Maharrey, Money Metals News Service) Did you know the Fed has already loosened monetary policy? While everybody focuses on the prospect of a Federal Reserve interest rate cut and salivates in the hope of easier money, most people completely ignore the other prong of central bank monetary policy...

IRS Employees Owe $50M, Despite Monitoring Americans’ Money

(Dmytro “Henry” Aleksandrov, Headline USA) A new audit by the Treasury Department’s inspector general found that IRS employees and contractors owe a collective $50 million in back taxes, who happened to be the same people who are constantly counting every penny in the wallets of the American taxpayers. The Daily...

Trump Promises to Establish Federal Cryptocurrency Reserve

(Dmytro “Henry” Aleksandrov, Headline USA) On July 27, 2024, Donald Trump said at the Bitcoin conference in Nashville that the United States must dominate the cryptocurrency sector, promising to make the country the world’s cryptocurrency leader. Trending Politics reported that he also said he would embrace friendlier regulations, which Kamala...

United States National Debt Reaches $35 Trillion

(Casey Harper, The Center Square) The U.S. national debt as of Monday officially topped $35 trillion, a grim milestone for the U.S. government and the economy as the national debt continues to soar each year. The national debt has nearly tripled in the last 20 years. “If this sounds familiar, we...

Sound Money Advocacy & Precious Metals: Interview w/ Stefan Gleason

(Money Metals News Service) In a recent episode of The Morgan Report, host David Morgan interviewed Stefan Gleason, Chairman of the Sound Money Defense League and President and CEO of Money Metals Exchange. The conversation explored the principles of sound money, the significance of precious metals in the financial system, and...

Volker vs. Voldemort: ‘Hermione’ Lookalike Gets an Early Inflation Lesson

(Mike Maharrey, Money Metals News Service) If you listen to politicians and pundits, you might think price inflation isn’t so bad. If you have to buy stuff out there in the in the real world, you know better. Heck, price inflation is so bad, even kids realize something is wrong. @karislambert Cost...

Are Government Statistics Concealing the Truth About the Economy?

(Clint Siegner, Money Metals News Service) Americans are questioning all sorts of government functions these days. For example, the majority of people, according to polls, have doubts as to whether U.S. elections are free and fair. Some believe the federal justice system has been weaponized and used against those in...

Going for Olympic … Silver?

(Mike Maharrey, Money Metals News Service) The 2024 Summer Olympics kicked off over the weekend. Thousands of athletes from all over the world have converged on Paris with one goal in mind. Win silver! Now, you're probably thinking, 'Umm...Mike, they're going for gold.' And technically, you're correct. But did you know...

Kamala Channels Inner Marx: ‘Everyone Ends Up in the Same Place’

(Luis Cornelio, Headline USA) Vice President Kamala Harris has recently used rhetoric reminiscent of Karl Marx, the author of The Communist Manifesto, in her attempts to define “equity.”  A video compilation shared by the conservative page End Wokeness on Friday showed Harris discussing the concepts of “equitable distribution” and “everybody ends up...

Kamala’s ‘Bottom-Up’ Appeal Reexamined as ‘Unique Donor’ Claim Comes Under Scrutiny

(Elias Irizarry, Headline USA) As Vice President Kamala Harris claimed to have "smashed fundraising records" this week with a windfall of at least $100 million from what her campaign said were "more than 1.1 million unique donors," allegations of fraud involving the crowdfunding site ActBlue began to resurface, casting...

Money Metals CEO Stefan Gleason Discusses New Depository, Gold Loans, and the Retail Market

(Money Metals News Service) In a recent Money Metals podcast episode, host Mike Maharrey sat down with Stefan Gleason, the CEO of Money Metals Exchange. The conversation covered a range of topics, including the opening of a new depository, the concept of gold loans, the current state of the retail...
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