Tuesday, May 13, 2025

FINANCE

Menendez Blames Commie Castro Regime for Gold-Hoarding Compulsion

(Headline USA) The legal team representing Sen. Bob Menendez, D-N.J. argued in a filing revealed this week that the Democrat hoarded hundreds of thousands of dollars in cash and gold bars because of “generational trauma,” The Hill reported. Menendez is facing several federal charges for bribery and acting as a...

Turkey, China and India Lead Solid Month in Central Bank Gold Buying

(Mike Maharrey, Money Metals News Service) Central banks continued to steadily add gold to their reserves in March. On net, central banks globally increased their gold holdings by 16 tons, according to the latest data compiled by the World Gold Council. Buyers added 40 tons of gold to their...

Industrial Demand Sets Record and Other Silver News

(Mike Maharrey, Money Metals News Service) Industrial demand for silver set a record in 2023 driven by a significant increase in silver offtake in the solar energy sector.  This was one of several stories on the silver market featured in the latest edition of Silver News published by the Silver...

Understanding the Weaponization of the Dollar w/ Saleha Mohsin

(Interview Begins around 6:07 mark) (Money Metals News Service) Money Metals' Midweek Memo host Mike Maharrey recently interviewed Saleha Mohsin, a senior correspondent at Bloomberg News and author of the new book Paper Soldiers: How the Weaponization of the Dollar Changed the World Order. The discussion delved into the motivations behind Mohsin's...

Biden Demonizes Companies, Seeks Ban on “Shrinkflation”

(Mike Gleason, Money Metals News Service) As central bankers waver on rate cuts, precious metals markets continue to pull back.   On Wednesday, the Federal Reserve opted to leave interest rates unchanged. Given the spate of recent hotter-than-expected readings on inflation, policymakers had little choice but to postpone any plans for...

Ex-Baltimore Prosecutor Seeks Biden Pardon from 40-Yr. Sentence

(Molly Bruns, Headline USA) Marilyn Mosby, former district attorney of Baltimore, Maryland, has requested a preemptive presidential pardon after receiving charges for perjury and mortgage fraud. https://twitter.com/unlimited_ls/status/1786042530645074353 A jury found Mosby guilty last November of illegally withdrawing funds from her city retirement and lying on a mortgage application in order to purchase...

Romance Scammer Promised Fake Gold to Bilk Victims for Millions

(Ken Silva, Headline USA) It was an old-fashioned romance scam, involving a man posing as a female online to induce unfortunate men to send him their life savings. This scam, however, was fairly complex, involving a fake bank website and non-existent gold bars. The alleged perpetrator of this scam, Richard...

Maharrey on Bryan Hyde Show: Monetary Policy & the Future of the Dollar

(Money Metals News Service) In a recent episode of The Bryan Hyde Show, Bryan Hyde interviewed Mike Maharrey, an analyst and writer associated with Money Metals Exchange and the Tenth Amendment Center. Maharrey brought his expertise in macroeconomics and constitutional principles to discuss pressing issues in monetary policy and...

As Biden Spending Sprees Continue, Fed Says No Rate Cuts in Sight

(Headline USA) On the heels of a newly passed $95 billion aid package for Ukraine and other foreign nations, as well as more rounds of controversial student-loan "amnesty" announced by the Biden administration, the root cause of inflation---unfettered federal spending and borrowing---has yet to be addressed in any meaningful...

The Federal Reserve Is Fighting Inflation Blindfolded

(Mike Maharrey, Money Metals News Service) Federal Reserve Chairman Jerome Powell and his fellow central bankers are swinging at inflation like a blindfolded kid trying to break a piñata. Do you remember the March FOMC meeting? The Fed released its projections for rate cuts in the coming months. The consensus...

Biden Absorbs $6.1B in Loan Debt from Deadbeat Art-School Students

(Luis Cornelio, Headline USA) President Joe Biden’s wave of a magic wand has made billions of dollars in college debt disappear for students who attended a now-defunct university.  On Wednesday, Biden announced the “cancellation” of $6.1 billion in student loans for 317,000 students who had enrolled at the Art Institutes.  “This institution...

Fired Pro-Hamas Google Employees File Complaint Against Company

(Dmytro “Henry” Aleksandrov, Headline USA) Former far-left Google employees filed a federal labor complaint against the Big Tech company on Apr. 29, 2024, saying they were illegally fired for protesting Google's partnership with the Israeli government and asking for better working conditions. The complaint that was filed with the National Labor...
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